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2 years ago

The contribution income statement would require a firm to ___________.

Business

1 answer:

Lelu [443]2 years ago

3 0

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.

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A factor held constant to test the relative impact of the independent variable is known as a:

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The constant in a system is the control.

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2 years ago

Read 2 more answers

On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $27.70 per share. On March 1, a dividend of

klio [65]

Explanation:

The calculation is shown below:

a. The proceeds from the short sale (net of commission) is

= Number of shares short sold x (price of short sale - commission paid per share)

= 100 shares x ($27.70 - 0.25)

= $2,745

b. The dividend payment is

= Number of shares × dividend per share

= 100 shares × $3.30

= $330

c. Value of an account is

= Proceeds from short sale, commission net - dividend paid - cost including commission

where,

Cost including commission is

= Number of shares short sold x (price of buying stock + commission paid per share)

= 100 shares × ($22 + 0.25)

= $2,225

So, the value of an account is

= $2,745 - $330 - $2,225

= $190

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2 years ago

Mainstream economic theorizing sees work as a lousy activity that workers tolerate in order to earn income. One way that work is

Mice21 [21]

Answer:

the correct answer is "opportunity cost".

the opportunity cost here means the cost of the next best opportunity lost because of spending time at work, this could be 8 hours, 10 hours at work, etc.

the underline point here is that when someone works for, lets say, 8 hours, he or she could have done something else that they enjoy and brings value to them and their family.

but since they are working, they can not engage in that activity. because of this, we call it the opportunity cost! simple right?

Explanation:

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1 year ago

Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,200 new s

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Answer:

a. 0.7273 or 72.73%

b. 0.8875 or 88.75%

Explanation:

a. Utilization rate is the ratio of the amount of installed capacity planned to be used relative to the total installed capacity. This can be stated as follows:

Utilization rate = ICP ÷ TC ......................................... (1)

ICP = Amount of installed capacity planned to be used

TC = Total installed capacity

From the question, ICP = 1,600 while TC = 2,200. Substituting this into equation (1), we have:

Utilization rate = 1,600 ÷ 2,200 = 0.7273 or 72.73%

Therefore, utilization rate is 0.7273 or 72.73%.

b. Efficiency rate is the ratio of the actual installed capacity used relative to the amount of installed capacity planned to be used. This can be stated as follows:

Efficiency rate = AIC ÷ ICP ......................................... (1)

AIC = Actual installed capacity used

ICP = Amount of installed capacity planned to be used

From the question, ICP = 1,420 while TC = 1,600. Substituting this into equation (1), we have:

Efficiency rate = 1,420 ÷ 1,600 = 0.8875 or 88.75%

Therefore, efficiency rate is 0.8875 or 88.75% .

3 0

2 years ago

Brown Corporation earns $600,000 and pays cash dividends of $200,000 during 2012. Dexter Corporation owns 3,000 of the 10,000 ou

fomenos

Answer: $920,000

Explanation:

Given the following :

Beginning balance = $800,000

Brown's earning = $600,000

Casg Dividend = $200,000

Dexter's portion of brown's outstanding shares = 3000/ 10000 = 0.3

Therefore, Dexter's investment account is as follows :

Beginning balance + (earning × 0.3) - (Dividend × 0.3)

$800,000 + ($600,000 × 0.3) - ($200,000 × 0.3)

$800,000 + $180,000 - $60,000

$980000 - $60000 = 920000

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2 years ago