Piedmont Company sells one cell phone for $500. The contribution margin is $300. What is the contribution margin ratio? a. 40% b. 80% c. 60% d. 20% Sir please help me urgently

Q: Customer A       Customer B    Sales volume (units)   500 500 Price $20 $20 Total number of orders…

A: Customer A Particulars Amount Sales  (500*$20) $10,000 Less: variable costs (500*$10)…

Q: Give right answer

A: Ans. ) Given the question is related to the concept of opportunity cost.Opportunity cost is defined…

Q: LittlePiggie produces sports socks. The company has fixed expenses of $80,000 and variable expenses…

A: Break-even point:— It is the point of production where total cost is equal to total revenue. At this…

Q: Pizza Hut sells 320 Pizza in a day. The variable cost per Pizza is 1.000 OMR per Pizza. The fixed…

A: Total Profit = Sales revenue - Variable Cost - Fixed Cost

Q: Day Cruising operates a pontoon boat rental business. Assume the boat rent for $30 per 6 hours. The…

A: Contribution margin per 6 hours  = boat rent per 6 hours - variable costs per 6 hours = $30 - $27 =…

Q: EasyFind manufactures and sells golf balls. The company is conducting a price test to find a better…

A: Contribution is the amount coming after subtracting Variable Cost from the Sales Revenue

Q: Question 3 Alpha Manufacturing Inc. is interested to know whether their monthly capacity of 500…

A: INCOME STATEMENT UNDER MARGINAL COSTING   income & Loss Under Marginal Costing is Computed By…

Q: Microhard produces tablets, laptops and televisions. Microhard typically sells 1,000 tablets a year.…

A:

Q: Exercise 5-22 (Algo) CVP analysis with two products LO P3 Handy Home sells windows (80% of sales)…

A: CVP analysis is used to identify the changes in costs and volume affect a company's operating…

Q: Use the following information for the Exercises below. (Algo) The following information applies to…

A: >An employee’s wage or salary is subject to various deductions as per law. >Hence, various…

Q: TB MC Qu. 6-111 Majid Corporation sells a product for ... Majid Corporation sells a product for $190…

A: Margin of safety is the difference between total sales and break-even sales. The Break-even point…

Q: Gibson Company makes a product that sells for $33 per unit. The company pays $16 per unit for the…

A: The Margin of safety is calculated as difference between sales actual sales and break even sales.

Q: XYZ manufactures a computer stand. It has fixed costs of $600,000 and each stand sells for $90, with…

A: Formula: Profit = Revenues - Expenses.

Q: Gwen's notebooks produces leather notebooks that sell for $80. Ellie's requires a 20 return on…

A: The return on sales (ROS) ratio seems to be a metric for assessing a company's operating…

Q: A local florist is buying some ad space on HamptonRoads.com. The company is told that it can be…

A: Concept Used in the Question CPM: CPM stands for Cost-per-thousand impressions, which means how much…

Q: Vicious Cycle, Inc., produces and sells 2,000 bikes. Selling price per unit Variable cost per unit…

A: Contribution margin: Difference between the sales and the variable costs is called contribution…

Q: product sells for P60 per unit and has a CM ratio of 40%. The company's fixed expenses are P360,000…

A: The break-even point is the point at which there is neither profit nor loss. That means, how many…

Q: K Robert's Repair Shop has a monthly target profit of $17,000. Variable costs are 60% of sales, and…

A: MARGIN OF SAFETYSales Above the Break-Even Point is Called Margin of Safety Sales.Margin of Safety…

Q: Muscat Pharmacy had sales of RO 1,000,000 (50,000 units) for 2019. The variable expenses were RO…

A: Sales: Sales include a number of goods and services sold by the organization during their accounting…

Q: A wholesaler sells a reclining chair to furniture retailer for $300. If the retailer wants to earn a…

A: Selling price is the price of that includes the cost price and margin of the business.Fixed costs…

Q: A software development company has fixed costs of $500,000 and variable costs of $5,000 per software…

A: Break-even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…

Q: Cruse Cleaning offers residential and small office cleaning services. An average cleaning service…

A: Break even sale is a ponit of sale at which business earnd no profit and no loss . It means break…

Q: Witrox Bhd sells two models of smartphone, the Oppo and the Xiaomi. Oppo Xiaomi RM RM Sales price…

A: MARGINAL COSTING INCOME STATEMENT Marginal Costing Income Statement is One of the Important Cost…

Q: nkt.2

A: The objective of the question is to calculate the margin of safety in sales revenue for Fruit…

Q: Par for the Course produces and sells 2,000 sets of golf clubs. Selling price per unit Variable cost…

A: Contribution margin: The difference between the sales and the variable costs is called contribution…

Q: Find the mark up on a calculator that costs 250 if there is a 25% mark up based on cost a. 50 b.…

A: Mark up on cost can be calculated by multiplying mark up rate to the cost of calculator. Sales value…

Q: The contribution margin ratio is 50%. If total fixed costs are $21,000, then what is the total cost…

A: Given,   Sales Price per unit = $ 5 per unit Contribution Margin = 50% Therefore, Variable cost…

Q: Complete the table below the question above

A: The monthly cost = Flat rate + No. Of extra minutes x Variable rate Flat rate = $25 per month for…

Q: 5. How much is 5% commission on $15 000 sales?

A: Note: 3 shall be answered under the Mathematics subject.   5. The amount of money paid to a person…

Q: Financial 10.3 Supply and Demand 1. A company manufactures and sells cheese graters for $9 wholesale…

A: Suggested selling price will be the aggregate of wholesale price and markupSuggested selling price…

Q: EM Publishing Company is considering publishing an electronic textbook about spreadsheet…

A: The question is based on the concept of cost accounting. Variable cost is the cost that remains the…

Q: Very Technical is a firm that sells computing equipment. It costs Very Technical $150 for each order…

A: The variable cost per unit remains constant at every level of production. The total fixed costs…

Q: nkt.2

A: The objective of the question is to calculate the margin of safety in sales revenue for the Fruit…

Q: Nictus Limited produces electrical blankets. The blankets are sold for R 750 per unit and variable…

A: Step 1: Total net profit can be calculated by subtracting the total fixed costs from the…

Q: A lawnmower manufacturer has the following loss distribution and its annual products liability…

A: A policy limit is the maximum amount that is paid by the insurer to cover the damages or losses…

Q: Ans.

A: In this case, Arcadia can either produce 40 teapots per day or 60 surfboards per day. To find the…

Q: A shop has the following operational data: Product selling price per unit = IDR 100 thousand…

A: Margin of safety is the difference between sales revenue and break-even sales revenue. The…

Q: s for 10% fixed erc.) hat. hat. 11 0,000 ven ost g E these

A: As per the honor code of Bartleby we are bound to give the answer of first three sub part only,…

Q: Moon Karak sells tea. The average selling price of a cup is OMR 0.200 and the average variable…

A: In this numerical has covered the concept of Margin Of Safety under Cost Volume Profit Analysis.…

Q: Muhammad Raza company is a producer of pastries. The company hires an economist to determine the…

A: The demand mechanism states that if all other factors like income, likings, economical…

Q: Question 2. The marketing manager for Tim Hortons is attempting to price a cup of coffee. She knows…

A: Every organization aims to make a profit and sell more products. The organization should determine…

Q: Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of…

A: For computing Margin of safety, we need profits and contribution margin ratioMargin of safety is the…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.