This shows how much profit is being made by each dollar of sales for the period being analyzed

Hensely Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on the total

Romashka-Z-Leto [24]

Answer:

<u>Contribution margin income statement for the special order-8,000</u>

Sales (8,000× $12) 96,000

Less Variable Costs ($ 240,000/25,000×8,000) (76,800)

Contribution 19,200

Less Fixed Costs 0

Net Income 19,200

The special order results in an incremental income of $19,200, therefore Hensely should accept the special order.

Explanation:

The Fixed Costs are irrelevant for this decision since Hensely has excess capacity and incurrs the expense whether or not the special order is accepted.

<u>Contribution margin income statement for the special order-8,000</u>

Sales (8,000× $12) 96,000

Less Variable Costs ($ 240,000/25,000×8,000) (76,800)

Contribution 19,200

Less Fixed Costs 0

Net Income 19,200

The special order results in an incremental income of 19,200, therefore Hensely should accept the special order

5 0

2 years ago

Jeremy is studying the effects of income on the demand for Greek ceramics. If "ceteris paribus" is used, which factors would be

aliya0001 [1]

Answer:

B) all factors affecting demand, except income

Explanation:

Ceteris paribus can be used to identify the relationship between two specific variables, while leaving all other factors constant. In this case, since Jeremy is studying the effects of income on the demand (of anything really, not only Greek ceramics), it should affect all factors affecting demand except income. Jeremy is going to analyze how the quantity demanded changes when the income changes, all other things constant.

8 0

2 years ago

Owen expects to receive at the end of next year from a trust fund. If a bank loans money at an interest rate of , how much mone

Nezavi [6.7K]

Answer: a) $18,605

Explanation:

The amount he can borrow today will be an amount that when grown at a rate of 7.5% per year will equal $20,000 in a year.

20,000 = Amount + ( Amount * rate * time)

20,000 = Amount + (7.5% * Amount)

2,000,000 = 1.075 * Amount

Amount = $18,605

4 0

2 years ago

Considering the communication process, an advertisement of a particular copier machine model would be considered:

Leviafan [203]

Answer: encoding

Explanation:

Considering the communication process, an advertisement of a particular copier machine model would be considered encoding.

Encoding simply helps in the translatation of the idea relgarding a message into symbols or words which should be easily understood by the receiver. The copier machine is sending tothe sender.

5 0

2 years ago

Which careers are best suited for someone with a bachelor's degree but not a master's degree? Check all that apply. Utilities Me

dexar [7]

Answer:

Tax Examiner
Equal Opportunity Representative

Explanation:

Usually tax examiners perform tasks like: reviewing tax returns, contacting taxpayers, verify data through audits, evaluation financial information, notifying taxpayers about overpayments or underpayments.

Equal opportunity representative main role is to monitor and evaluate compliance with equal opportunity laws, which means that they must investigate employment practices or alleged violations of the Equal Opportunity Act and other laws and regulations that prohibit work discrimination.

4 0

2 years ago