User Account

All Pages

How much is the contribution margin ratio

Assignment Help Accounting Basics
Reference no: EM131641321

Question - Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?

Reference no: EM131641321

Questions Cloud

Probability you will need to wait at least two minutes : Suppose that the times between arrivals at a bank during the peak period of the day are exponentially distributed with a mean of 45 seconds.
What is the difference between anderson and gellner : Gellners main thesis and ideas. What is the difference between Anderson and gellner.
Define can vernon be held responsible for kellys death : He also knew that if he took her for treatment, he would have to answer some hard questions that would get him in trouble
Who were the framers of constitution : Who were the framers of constitution and what was there reasoning for creating the amendments .
How much is the contribution margin ratio : Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio
Explain the properties of the poisson distribution : Do the empirical rules we learned previously seem to be applicable in working with the Poisson distribution where ? = 2? Explain why or why not.
Evaluating the wisdom of supporting his request : What factors would you consider in evaluating the wisdom of supporting his request?
Are turkeys domestic problems uniquely turkish : Or are they simply variations of the same domestic and regional issues that have plagued other countries (Syria, Iraq, Yemen, Lebanon)?
Impact of measures for criminal investigators : What would be the impact of such measures for criminal investigators

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd