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Alex
1 year ago
12

Omega Company makes and sells jungle gyms and tree houses for children. For jungle gyms, the price is $150 and the variable expe

nses are $100 per unit. For tree houses, the price is $180 and the variable expenses are $120. Total fixed expenses are $215,250. Last year, Omega sold 10,000 gyms and 6,000 tree houses. Using the lowest whole numbers, what is the sales mix of gyms and tree houses?
Business
2 answers:
Whitepunk [10]1 year ago
6 0

Answer:

b 5:3

Explanation:

Jungle gym sales unit : tree sales unit

10,000 : 6,000

10,000 / 6000

= 5/3

=5:3

vichka [17]1 year ago
6 0

Answer:

B. 5:3

Explanation

Given that

Gyms sold = 10,000

Tree sold = 6000

Sales Mix

= 10000 : 6000

That is

10000/6000

= 5/3

Thus

Sales mix = 5:3

Recall that

Sales mix is the relative proportion of business products that are sold. That is, the ratio of each product that an organization sells to total product.

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The contribution income statement would require a firm to ___________.
Lelu [443]

Answer: A. Separate costs into fixed and variable categories.

Explanation: The contribution income statement separates variable and fixed costs in an effect to show the amount of revenues left over after variable costs are paid, that is, it lists variable costs (costs that do not remain consistent) and fixed costs (costs that are constant whatever the amount of goods produced) in order to calculate the contribution margin of the company. It is also known as the contribution margin income statement. As opposed to the traditional income statement which separates product costs from period costs, it separates variable costs from fixed costs and is applied to determining net profit or loss for the period.

3 0
2 years ago
Calvin works in the accounting department for a textbook publishing firm preparing budgets and reporting production costs. What
Anarel [89]

Answer:

The answer is "managerial accountant".

Explanation:

The economic circumstances collect and earned value collection of data, evaluating and presenting financial information for the organization or the management team of the company. These statistics will then be used to make sensible financial decisions that really can benefit the overall growth of the organization.

Managers were employing company and organizational accounts to monitor internal financial processes, revenue, spending, and budget, submit reports, determine past trends and forecast future needs, and aid economic decisions.

5 0
1 year ago
Collin has extracted the following balances from the ledger accounts for his business: (All amounts in $) Plant and machinery 95
zaharov [31]

Answer:

Carriage outwards: 7,520 debit

Explanation:

Accounts                         DEBIT     CREDIT

Plant and machinery 95,000

Property                   135,000

Inventory                      6,400

Receivables                2,850

Payables                                           3,600

Bank overdraft                                     970

Loan                                                45,000

Capital                                            100,000

Drawings                 32,000

Sales                                             362,000

Carriage outwards               x

Purchases                156,000

Purchase returns                               2,200

Discounts received                            3,500

<u>Sundry expenses      82,500                          </u>

TOTAL                     509,750           517,270‬

We construct the trial balance and the carriage outwar balance will be the diference between debit and credit:

517,270 - 509,750 = 7,520

3 0
1 year ago
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200,000 have to find what 10 percent is and multiply that by 10
4 0
1 year ago
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Blair Housewares wants to add new products to its existing line of products. Managers are correct in believing that the purpose
Zinaida [17]

Answer:

False

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