What is the contribution margin ratio
If sales are $820,000, variable costs are 62% of sales, and operating income is $260,000, what is the contribution margin ratio?
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The estimated residual value of the building is $50,000 and it has an expected useful life of 25 years. What is the building's book value at the end of the first year?
Salter Inc.'s unit selling price is $50, the unit variable cost are $35, fixed costs are $125000 and current sales are 10000. How much will opereting income change if sales incresed by 5000 units?
By using aggregate supply and aggregate demand curves to illustrate, describe the effects of the following events on the price level and on equilibrium GDP in the long run, assuming that input prices fully adjust to output prices after some lag:
In its slowest month, the company made 1,100 desks at a cost of $46,000. Using the high-low method of cost estimation, what ate the total fixed costs in August .
Variable costs as a percentage of sales for Leamon Inc. are 75%, current sales are $600,000, and fixed costs are $110,000. How much will operating income change if sales increase by $40,000?
for 2008, Southwest Industrial has a monthly overhead cost formula of $42,900 + $6 per direct labor hour. The firm's 2008 expected annual capacity is 4156,000 direct labor hours
Cairo Products applies overhead using a combined rate for fixed and variable overhead. The rate is 125 percent of direct labor cost. During the first three months of the current year, actual cost were incurred as follows:
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