Compute the Contribution Margin Ratio. Sales Volume =1100 Units, Sales Price =$99 per unit Variable Costs =$77 per unit and Fixed Costs =$12,000. Show your Answer as a Percent to the Nearest 2nd Decimal, No Symbols or Commas.
Answers
The Contribution Margin Ratio, rounded to the nearest second decimal place, is approximately 22.22%.
The Margin Ratio, also known as the Profit Margin Ratio or Net Profit Margin Ratio, is a financial metric that measures the profitability of a company by comparing its net income to its net sales revenue. It provides insight into how efficiently a company converts its sales into profits.
To compute the Contribution Margin Ratio, we need to calculate the contribution margin per unit and divide it by the sales price per unit.
Contribution Margin per Unit = Sales Price per Unit - Variable Costs per Unit
= $99 - $77
= $22
Contribution Margin Ratio = (Contribution Margin per Unit / Sales Price per Unit) × 100
= ($22 / $99) × 100
≈ 22.22%
Therefore, the Contribution Margin Ratio, rounded to the nearest second decimal place, is approximately 22.22%.
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Related Questions
A type of pricing strategy we’re in the same product being sold at a different place but have different price
Answers
disciplinary often has negative connotations. tell me if you
agree or not.
Answers
Yes, I agree that disciplinary often has negative connotations. This is because the term is often associated with punishment, correction, and control. While discipline is necessary to maintain order and productivity in any institution, it is often seen as a negative and oppressive force that stifles creativity and individuality. Here are some reasons why disciplinary often has negative connotations:
1. It is associated with punishment: Discipline is often seen as a way to punish bad behavior or mistakes. This can create a negative atmosphere where employees or students are afraid to take risks or make mistakes, which can stifle innovation and creativity.
2. It is associated with control: Discipline is often used to control the behavior of individuals or groups. This can be seen as a way to restrict individual freedom and expression, which can lead to resentment and rebellion.
3. It is associated with authoritarianism: Discipline can be used to maintain power and authority over others. This can be seen as an oppressive force that limits the autonomy and agency of individuals, which can lead to feelings of resentment and frustration.
Overall, while discipline is necessary to maintain order and productivity in any institution, it is important to approach it in a positive and constructive way. This can be done by emphasizing positive reinforcement, open communication, and individual empowerment.
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What questions should you ask before opening a checking account?.
Answers
What are the bank's fees?
Where are the bank's ATMs? should I ask before opening a checking account.
A legitimate ID, typically one issued by the government; certain banks may want more than one kind of identification. a Taxpayer Identification Number (TIN) or Social Security number. Some banks could have a minimum amount that you need to deposit, be it cash or a check, to start your balance.
a valid photo ID that has been issued by the government, like a passport or driver's license.
Other fundamental details include your phone number, Social Security number, or Taxpayer Identification Number.
Some banks may need an upfront deposit.
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Assigning a senior employee to teach a junior employee about how the organization works with the idea of developing the junior employee is an example of ______. select one: a. coaching. b. development. c. succession management. d. mentoring.
Answers
Assigning a senior employee to teach a junior employee about how the organization works with the idea of developing the junior employee is an example of mentoring. Option D is answer.
Mentoring refers to a process in which an experienced and knowledgeable individual (mentor) provides guidance, support, and knowledge transfer to a less experienced individual (mentee) to help them develop their skills, knowledge, and career. In this scenario, the senior employee takes on the role of a mentor and engages in teaching the junior employee about how the organization operates. The purpose is to facilitate the junior employee's growth and learning within the organization.
Option D (mentoring) is the correct answer.
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please type what belongs in the highlighted squares
ill give brainliest
Answers
To get the total revenue for the fourth quarter add the revenue for the month that apply
October revenue + $500 000
November revenue + $425 000
December revenue + \(\\)860 000
the sum total is = 1,011,000
therefore the fourth quarter revenue is $1,011,000
To calculate EBITDA subtract the expenses from the revenue
Revenue $6500 000
Expenses - $5375 000
EBITDA = 1, 125, 000
therefore the EBITDA is $1, 125, 000
To calculate Total Market Capitalization, multiply the number of share by the price per share we divide the
Number of shares \(\\)2500 000
price per share x \(\\) 23 77
= $5,942500, 000
therefore the Total Market Capitalization is $5,942500, 000
To calculate the earning per share divide the earning by the number of shares
Earning $5000 000 / Number of shares $2500 000 = 2
therefore the earning per share is 2
What is EBITDA?The abbreviation. EBITDA for stands for earnings before interest, taxes, depreciation, and amortization in business. EBITDA is very vital in understanding a business's ability to generate cash flow for its owners and use for judging a company's operating performance.
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A manufacturing company provides jobs for many people in a small town where employment is not easy to find. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen.
The manufacturing process used by the company produces a by-product that for years has flown into the town river. The by-product has been considered harmless but some people who live near the river have reported illnesses. The by-product does not currently violate any anti-pollution laws.
WHAT ARE THE ANSWERS TO THESE QUESTIONS?
What are the issues of integrity, ethics and law posed in the case study? What options does the company have, and what should it do and why?
Answers
Explanation:
Note, the term integrity often refers to the ability to keeping to one's moral principles, such as honesty. And ethics refers to the principles of right and wrong one might have.
For example, from this case, we observe that
although the company is known to have a good reputation over the years and of being a responsible corporate citizen, if it fails to act, then the company's integrity comes under question.Even though the by-product does not violate any laws, failing to take action may taint the good reputation it has had considering the fact that the company is well aware that "some people who live near the river have reported illnesses."
Giving For such example are, from this case, we observe that is:
Thus, although the company is known to have a good reputation over the years and of being a responsible corporate citizen, Then if any it fails to act, then the company's integrity comes under the question of law. Also that Even though the by-product does not violate any laws, Then it is failing to take action may taint the good reputation it has had considering the fact that the company is well aware that is "some people who live near the river have reported illnesses."Learn more about:
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Rafael is the accounts receivable clerk for a large company. On many occasions, customers come personally to the company to pay their accounts in cash. Rafael would sometimes borrow cash from the money he collected from customers for his own use with the intention of paying it back when he gets paid at the end of the week. Answer the questions below:
Answers
Answer:
The internal controls of the company are weak.
Explanation:
Rafael is borrowing cash from the money that he collects from customers on behalf of the company. He borrows the money and intends to pay back later to the company without informing anyone. This is weakness of internal control in the company system as there is no one who can check back whether Rafael has paid back money that he borrowed or not.
WILL GIVE BRAILIEST
Zander is beginning to take college courses to prepare for a career in computer science, which is the study of using logic to create new and improved computer programs. He just finished a class that covered skills for using certain computer programs, but was not required for a degree.
What did Zander take steps to improve by taking this class?
A. career definition and career requirements
B. career requirements and current status
C. current status and intermediate goals
D. intermediate goals and career definition
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Answer:
current status and intermediate goals
Explanation:
distinguish between individual Centred career and Organisation Centred career
Answers
Answer:
please check my profile
Explanation:
Use the Brewery. Xlsx file to answer the following question: Across all four locations, what percentage of total profit is made in MA?
a. 75. 69%
b. 84. 00%
c. 45. 26%
d. 74. 56%
e. 84. 2%
Answers
The correct option is D. 74. 56% percent of total profit is made in MA.
Percentage of total profit made in MA = (Total profit made in MA / Total profit across all four locations) x 100
= ($1,748,860 / $2,338,770) x 100
= 74.56%
An XLSX file is a type of spreadsheet file format that is used by Microsoft Excel and other spreadsheet software programs. The XLSX file format is an open XML-based format that was introduced with Microsoft Office 2007 and has since become the default file format for Excel.
An XLSX file contains one or more worksheets, which are used to organize and manipulate data. Each worksheet is made up of a grid of cells that can contain text, numbers, formulas, and other data. XLSX files can be used to perform various functions such as financial modeling, budgeting, and data analysis.
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Read the stage direction: As the first of the mob reaches the bottom steps. The screen door opens and Goodman comes out, a man in his early forties who first greets them smiling and then letting the smile fade as he sees the faces. Based on the stage direction, what should the reader visualize? *
a group of people calmly approaching Goodman’s home
a group of confused people rushing to safety at Goodman’s home
a group of angry people approaching Goodman’s home
a group of people rushing to save Goodman from the outage
Answers
Answer:
C.
Explanation:
A group of angry people. L(-_-)\
\
Answer:c lol angry people
Explanation:
What is the first step you should take when you want to open a savings account?
A. Make your initial deposit.
B. Present your photo ID to the bank
representative.
C. Review the different savings account options
that your bank offers.
D. Go to the bank and fill out an application.
Answers
The first step that you should take when you want to open a savings account is go to the bank and fill out an application form.
What is saving account?A saving account refers to a bank account that includes a limited number of withdrawals, lack of cheque and linked debit card facilities.
The first step you should take when you want to open a savings account is go to the bank and fill out an application.
Therefore, D is the correct option.
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what is the average product of labor when you have employed 3 workers
Answers
Answer:
Average product of labor (APL) is a measure of how much each worker produces, on average. You simply divide total product by the number of employees. The shape of the AP curve on the left indicates that AP initially rises to a maximum and then falls as additional workers are added.
Explanation:
The average product of labor can be calculated as the total Change in output divided by the number of workers employed.
What is the average product of labor?The average product of labor (APL) gauges the typical output of each employee. Simply divide the entire product by the workforce. The form of the AP curve on the left suggests that as more workers are hired, AP initially increases to a maximum before decreasing.
The average product of labor, which is computed by dividing total production (q) by the number of employees utilized to produce that output, provides a generic measure of output per worker (L).
The total output of labor divided by the quantity of work employed, or Q/L, yields the average product of labor (APL). A popular metric for assessing labor productivity is the average product of labor.
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Data analytics tools and methods fall into the following categories—descriptive, predictive, prescriptive, andMultiple Choiceexplanatory.insightful.passive.expressive.active.What combines qualitative and quantitative research and analytics methods to address marketing problems?Multiple Choicemarketing metricmarketing analyticsdata warehousingdata miningmarketing analysis
Answers
To answer marketing issues, the marketing analysis integrates qualitative and quantitative research and analytics techniques. market trends, and competitor activity, data must be gathered from multiple sources and analysed.
Understanding client behaviour, spotting market trends, and assessing competition activity are just a few of the marketing issues that may be solved through the process of acquiring and analysing data from numerous sources. To give a complete picture of the market, this includes blending quantitative and qualitative research and analytics methodologies. Via surveys or focus groups, qualitative research gathers non-numerical data, such as consumer feedback. Compiling numerical data, such as sales numbers or website traffic statistics, is a necessary step in quantitative research. Next, in order to find trends, insights, and possibilities, these data are examined utilising analytics tools and techniques.
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If I Want to be a Child Pycoligest, what would the steps be to become this.
Answers
Answer:
................
Explanation:
Step 1: Three-year accredited undergraduate psychology sequence.
Step 2: Fourth-year accredited psychology studies.
Step 3: Internship pathway or postgraduate study to general registration.
State the purpose of assets
Answers
Answer:
Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent.
Explanation:
Hope this helps!
Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators
Answers
Answer:
O social and economic indicators
Explanation:
The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.
The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.
Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.
What is HDI ?The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.
HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.
Thus, option C is correct.
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why is a higher interest rate important when saving money
(A) it pays interest on principal and interest
(B) it means a person will owe the bank less over time
(C) it grows savings at a faster pace
(D) it requires a lower amount be deposited each month
Answers
Answer:
C.
Explanation:
I believe it is C. because I'm pretty sure its talking about the interest which is where you receive some money from the bank for keeping you money there or whatnot.
The correct option is (C). it grows savings at a faster pace is a higher interest rate important when saving money.
A higher interest rate means that the saver will earn more interest on their savings, which will grow their savings at a faster pace.
Option (A) is incorrect because interest is only paid on principal, not on interest.
Option (B) is incorrect because a higher interest rate will not mean that a person will owe the bank less over time.
Option (D) is incorrect because a higher interest rate does not require a lower amount to be deposited each month.
Here is an example to illustrate this point. Let's say you have $1,000 in a savings account with an interest rate of 1%. After one year, you will have earned $10 in interest.
If the interest rate on your savings account were 2%, you would have earned $20 in interest after one year. Therefore, a higher interest rate will help your savings grow at a faster pace.
A higher interest rate will help your savings grow at a faster pace because you will earn more interest on your savings.
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You have been promoted as the Quality Manager in your organization, on Monday morning your CEO needs the steps you will take to reduce operational cost by 10%. Explain how you will use the DMAIC methodology to reduce the operational cost. Include in your report: i. Define a Business case - communicate the project direction and benefits to all members. ii. Develop problem and preliminary goal statement aligned with organizational priorities. iii. Assess project scope. iv. Select project team and define roles. v. Identify the CTQ and the vital X s
for this project. vi. State the type of data (X 1
,X 2
…X N
) you will gather for your project from the DEFINE stage. What qualities would you exhibit to be successful in your company culture - as an individual and as a worker?
Answers
Answer:a
Explanation:
What is the most advanced type of traditional postsecondary degree? a. bachelor's degree b. master's degree c. associate degree d. doctoral degree
Answers
Answer: d. doctoral degree
Explanation: A doctorate degree is the highest traditional academic degree.
Gina is about to use a fire extinguisher on a small fire.
What factor determines the type of extinguisher she
should use?
Answers
What is the meaning of plan?
Answers
Explanation:
somali waa dowlad awood weyn
Suppose that in 2015, a typical U.S. student attending a state supported college bought 8 textbooks at a price of $90 per book and enrolled in 28 credit hours of coursework at a price of $400 per credit hour. In 2016, the typical student continued to purchase 8 textbooks and enroll in 28 credit hours, but the price of a textbook rose to $100 per book, and the tuition price increased to $440 per credit hour. The base year for computing a "student price index" using this info is 2015. The price index for any base year is 100. The value of the student price index in 2015 is
Answers
Answer:
$11,920
Explanation:
2015 prices:
8 textbooks x $90 = $720
28 credit hours x $400 = $11,200
total = $11,920
the base year, in this case 2015, will be used to adjust the relative prices of the goods and services purchased by students. E.g. for year 2016, the index based on 2015 should be (8 x $90) + (28 x $400) = $11,920 since the quantities didn't change, only the nominal prices.
Regarding Gap case study (Predicting Consumer Tastes with Big Data at Gap Case Study), Answer the following question. Should Peck allow Gap, Inc's brands to be sold on Amazon? Why or why not? Discuss pros and cons on selling Gap brands through Amazon. Regarding the simulation play you did for HW 6, in the level 1 of the simulation play, (1) what strategy did you use? (2) explain the rationale on the strategy you chose for the level 1 of the simulation play. (3) explain briefly on the outcome of the simulation play for the level 1. Q 18 (a). What is a brand? (6 points) Q18 (b). How do organizations create strong, positive brands? ( 6 points). Provide ample examples or cases to justify your answer
Answers
A brand encompasses more than just a logo or name. It represents the values, reputation, and perception associated with a product or organization.
Regarding the question of whether Peck should allow Gap, Inc's brands to be sold on Amazon, the decision depends on weighing the pros and cons.
Pros of selling Gap brands through Amazon include increased visibility, expanded customer reach, and potential growth in sales. Amazon is a popular online marketplace with a large customer base.
Cons of selling Gap brands through Amazon include potential brand dilution, loss of control over pricing and customer experience, and increased competition. Selling through Amazon might result in lower profit margins due to fees and commissions.
Regarding the simulation play for HW 6, the strategy used in level 1 and the rationale for choosing it would depend on the specific details and objectives of the simulation.
In general, when considering a brand, it refers to a unique identity that distinguishes a product or company from others. A brand encompasses more than just a logo or name. It represents the values, reputation, and perception associated with a product or organization.
Organizations create strong, positive brands through various strategies such as delivering high-quality products or services, engaging in effective marketing and advertising campaigns, building strong customer relationships, and maintaining a consistent brand image. Examples of companies with strong brands include Apple, Coca-Cola, and Nike.
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what are the main features that distinguish debt from equity? is there more debt or equity outstanding in the united states?
Answers
The main features that distinguish debt from equity include: 1. Ownership: Equity represents ownership in a company, while debt is a loan that must be repaid.
2. Risk: Debt is generally considered less risky than equity, as debt holders have a higher priority claim on the company’s assets.
3. Return: Equity holders are entitled to a share of the profits of the company, while debt holders are entitled to a fixed rate of return, regardless of the company’s performance.
4. Control: Equity holders have voting rights and can influence the company’s decisions, while debt holders do not.
In the United States, there is more debt outstanding than equity. This is because when companies need to finance their operations, they are more likely to issue debt rather than issue equity. This is because debt is generally considered to be less risky and it is easier to issue debt than it is to issue equity.
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Malick has a videoconference with two
coworkers this afternoon and is trying to
position his camera for the best results.
Which of these would provide the BEST
background?
Answers
When there is a videoconference, the one that would provide the best background is a blank wall with a plant and some books on a shelf. Hence, Option A is correct.
What is a video conference?Through the use of video conferencing technology, remote employees can communicate. The technology allows two or more people who are dispersed across several locations to have live audio and video connections.
A style of teleconference in which there are more than two participants and who use a computer, smartphone, etc. to send and receive both audio and video data.
Therefore, Option A is correct.
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Suppose that each of the bases in DNA were capable of pairing with any other base. What effect would this have on DNA's capacity to serve as the source of genetic information?
Answers
This have on DNA's composition capacity to serve as the source of genetic information Two strands of nucleotides make up DNA. Adenine and thymine, as well as cytosine and guanine, are the bases that make up these pairs of nucleotides.
3' - GCTAATCA - 5 is the complimentary strand.DNA is the molecule in charge of transporting the genetic data required for proper cell activity.Several monomers are connected by their extremes to form this polymer.Each monomer consists of an adenine, guanine, thymine, or cytosine base, a phosphate group, and a sugar.
A double, coiling monomeric strand makes up DNA. Adenine and thymine must always couple with the bases of the opposite strand, but guanine and cytosine must pair with each other. A double, coiling monomeric strand makes up DNA. Adenine and thymine must always couple with the bases of the opposite strand, but guanine and cytosine must pair with each other.The coding strand and the template strand are the names of these strands. The molecule unwinds to divide the strands during DNA replication, and two new chains are created.
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Prompt What is an economy?
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Answer:
An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.
would anyone be willing to give away tickets for a concert please?
Answers
while an operating budget is a key element in planning and control, it is not likely to
Answers
Operating budgets are an important factor in planning and control, but they are unlikely to be effective in motivating employees.
Spending, expenses, and general financial goals for a specific period. It plays a key role in planning and management by providing a framework for decision making and resource allocation. However, a company's budget may not be the most effective tool when it comes to motivating employees. Here is the explanation:
The operating budget primarily focuses on financial goals and objectives such as cost reduction and revenue increase. These goals may not be communicated directly to individual employees, lacking a clear link between day-to-day operations and budget targets. As a result, employees may not feel motivated by the budget itself.
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The correct question is :
While an operating budget is a key element in planning and control, it is not likely to _____ .