SalesVariable expensesContribution marginFixed expensesNet operating incomeAverage operating assetsThe margin is closest to:$ 400,000260,000140,00076,000$ 64,000$ 475,000Multiple ChoiceО35.0%.16.0%.84.2%.13.6%.

Identify the Values:Find the contribution margin. In this case, it's $140,000 (given).Find the total…

Answered: Sales Variable expenses Contribution…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A manufacturer’s contribution margin income statement for the year follows. Prepare contribution margin income statements for each of the two separate cases below. Unit selling price decreases by 5% and units sold and produced increase by 8%. Hint: A unit increase has both a sales and costs impact. Fixed costs increase by $20,000, variable costs per unit decrease by $2, and units sold and produced increase by 500 Use the table below to figure out the Sales, Variable Cost, Contribution Margin, Fixed Cost, and Income (loss) of each question.
Workers in the U.S. pay several types of taxes on income, including federal income tax. The federal income tax rate is based on the amount of money a worker makes. Income is broken into levels called tax brackets. The table below shows the tax brackets for a single taxpayer in 2019. Tax Brackets for 2022 Taxable income Tax $0 to $10,275 $10,275 to $41,775 $41,775 to $89,075 $89,075 to $170,050 $170,050 to $215,950 $215,950 to $539,900 $539,900 or more 4 Calculate the income tax for a single person earning $25,000 of taxable income. Make sure you write down any work, calculations, or reasoning that you used to get 10% of taxable income $1,027.50 plus 12% of the excess over $10,275 $4,807.50 plus 22% of the excess over $41,775 $15,213.50 plus 24% of the excess over $89,075 $34,647.50 plus 32% of the excess over $170,050 $49,335.50 plus 35% of the excess over $215,950 $162,718 plus 37% of the excess over $539,900
(a) Use class intervals of $0 to <$3, $3 to <$6, $6 to <$9, etc., to create a relative frequency distribution for these data. (Round your answers for relative frequency to four decimal places.) Class Interval Frequency Relative Frequency $0 <$3 $3 <$6 $6 <$9 $9 <$12 $12- <$15 $15 <$18 $18 <$21 TOTAL (b) Construct a histogram. Frequency 14 12 10 8 6 4 Frequency 14 12 10 8 6 4 2 3 3 4 3 51 3 6 9 12 15 18 21 6 0.0588 9 0.0784 0.0588 12 15 18 21 Cost Cost Frequency 14 12 10 8 6 4 Frequency 15 10 5 3 6 9 3 6 9 12 15 18 21 12 15 18 Comment on its shape. O This is a unimodal distribution with a peak at the 0-3 class. The distribution is positively skewed. This is a bimodal distribution with peaks at the 12-15 and 18-21 classes. The distribution is negatively skewed. O This is a bimodal distribution with peaks at the 0-3 and 6-9 classes. The distribution is positively skewed. O This is a unimodal distribution with a peak at the 9-12 class. The distribution is reasonably symmetric. 21 Cost Cost…
Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 400,000 260,000 140,000 40,000 100,000 Average operating assets $ 500,000 If the company's minimum required rate of return on average operating assets is 16%, its residual income would be: Multiple Choice О $20,000. $21,000. $22,000. $23,000.
The retail price of a washing machine is RO 175. The cost of washing machine is RO 122. The overhead expenses are 20% of selling price. The rate of mark up on cost is _____. a. 30.3% b. 43.4% c. 40.6% d. 22.3%
Many factors influence the retail price of gasoline. Suppose the following table shows the average retail price for a gallon of regular grade gasoline for each year from 2011 through 2014. (Round your answers to one decimal place.) Year Average Price ($) 2011 3.531 2012 3.618 2013 3.515 2014 3.348 (a) Use 2011 as the base year and develop a price index for the retail price of a gallon of regular grade gasoline over this four-year period. 2011 price index 100 100.0 2012 price index 2013 price index X X 100.1 2014 price index 100.1 X (b) Use 2012 as the base year and develop a price index for the retail price of a gallon of regular grade gasoline over this four-year period. 2011 price index X 100.0 2012 price index 100 2013 price index 100.0 X 2014 price index 100.1 X
2
Coca-Cola Revenues ($ millions), 2014 to 2019 Quarter 2014 2015 2016 2017 2018 2019 Quarter 1 10.58 9.94 10.28 9.12 7.63 8.02 Quarter 2 12.57 11.63 11.54 9.70 9.42 10.00 Quarter 3 11.98 11.77 10.63 9.08 8.78 9.51 Quarter4 10.87 10.13 9.41 7.51 5.36 9.07 What is the trend model for the deseasonalized time series? (Round your answers to 2 decimal places.) State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.) Use the regression equation to make a prediction for each quarter in 2020. (Enter your answers in millions rounded to 3 decimal places.)
Calculate the gross and net profits (in $) and the two profit margins (as %s) for the given company. (Round profit margins to the nearest tenth of a percent.) *chart attached with informaiton*
Example 14: The net profit (after taxes) of a firm is 75,000 and its preference dividend is 710,000. Calculara dividend coverage ratio.
12. BOWLING EQUIPMENT The Bowlers Pro-Shop determnines that operating expenses are 23% of selling price and desires a net profit of 12% of selling price. If the cost of a team shirt is $29.25, what are (a) the selling price and (b) the percent of markup on cost?

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Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets The margin is closest to: $ 400,000 260,000 140,000 76,000 $ 64,000 $ 475,000 Multiple Choice О 35.0%. 16.0%. 84.2%. 13.6%.