User Account

All Pages

What is the companys contribution margin cm ratio estimate

Assignment Help Accounting Basics
Reference no: EM13392469

Last month when Harrison Creations, Inc., sold 40,000 units, total sales were $300,000, total variable expenses were $240,000, and fixed expenses were $45,000.

Required:

1) What is the company's contribution margin (CM) ratio?

2) Estimate the change in the company's net operating income if it were to increase its total sales by $1,500.

Reference no: EM13392469

Questions Cloud

Communication is process of conveying information as well : communication is the process of conveying information and meaning. effectively this occurs when all parties understand
Describe what role management should play in the work-place : ayame nakamura a japanese immigrant works as a project manager for a pharmaceutical company in california. the
Describe financing means and burdens in situation based on : select one of the following options to prepare 8- to 10-slide microsoftreg powerpointreg presentation with
The following information was made available from the : the following information was made available from the income statement and balance sheet of lauren company.item 123110
What is the companys contribution margin cm ratio estimate : last month when harrison creations inc. sold 40000 units total sales were 300000 total variable expenses were 240000
Create the graph showing supply and demand in tablet case : as an economist for abc plastics your boss has asked you to respond to some questions she has regarding the companys
Compute the companys margin of safety compute the companys : real corporation is a distributor of a sun umbrella used at resort hotels. data concerning next months budget appear
Explain how does the market-driven approach describe that : many people in the united states are not familiar with sysco but they see its results because sysco is the largest food
Compute for the companys break-even point in unit sales : maxson products distributes a single product a woven basket whose selling price is 8 and whose variable cost is 6 per

Reviews

Write a Review

Accounting Basics Questions & Answers

  Return on its investment problem

Jill Morris is presently leasing a small business computer from Eller Office Equipment Company. The lease requires 10 annual payments of $4,000 at the end of each year and provides the lessor (Eller) with an 8% return on its investment. You may us..

  What should be the price of the preferred stock

Calculate the payback period and the net present value for each investment. Show your calculations.

  Determine the adjusting journal entry

Samantha's Design Studio showed office supplies available of $700. A count of the supplies left on hand as of June 30 was $400. The adjusting journal entry is:

  Significant debits to an accumulated depreciation account

Which of the following explanations might satisfy an auditor who discovers significant debits to an accumulated depreciation account?

  Stine company purchased machinery with list price of 64000

stine company purchased machinery with a list price of 64000. they were given a 10 discount by the manufacturer. they

  Foster corporation bought a new machine for its assembly

foster corporation purchased a new machine for its assembly process on august 1 2014. the cost of this machine was

  Problem on accounting recognition

The management of Ortiz estimates that this recall would cost $800,000. What accounting recognition, if any, should be accorded this situation?

  Recording the adjusting journal entries needed if any on

prepare the adjusting journal entries needed if any on december 31 2013. ajes are only prepared at year end december

  What amount of dividend income does ted report

What amount of dividend income does Ted report as a result of the distribution and what is Ted's income tax basis in the land received from Sherburne?

  Identify each of these transactions as a deferred revenue

Cardon's Boat Yard, inc repairs store and cleans boats for customers. It is completing the accounting process for the year just ended November 30, 2912, The transactions during 2012 have been journalized and posted. The following data with respect..

  Filing statuses for income tax return

In each of the following independent situations, determine Winston's filing status for 2012 and why. Winston is NOT married.

  Explain your typical customer''s needs

How has the doubling of your firm's customer base every 6 months affected its ability to maintain this focus on the customer? If this dramatic growth continues, what are some specific actions your firm will take to retain its goal of "focus on the..

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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