The accounting manager of Gateway Inns has noted that every time the inn's average occupancy rate increases by 2.5 percent, the operating cash flow increases by 5.3 percent. What is the degree of operating leverage if the contribution margin per unit is $47? - 2.10 -.57 -2.12 -.47 - 1.75
Q: tutor help me in this cost account query please NO AI use strictly
A: Explanation: In the given case, we are required to calculate the value of ending inventory by…
Q: Answer in step by step with explanation. Don't use Ai and chatgpt.
A: "Qualitative information is only relevant for decision making if it can be quantified. True or…
Q: Need answer the financial accounting question
A: Step 1: Define Profitability IndexWhen deciding to invest, one must consider a variety of factors,…
Q: General account
A: Step 1: we first solve for the variable cost. We add the production which is $3 and the selling and…
Q: Provide Answer step by step
A: Explanation of Cost of Goods Sold (COGS):Cost of Goods Sold represents the direct costs incurred to…
Q: ??
A: Explanation of Business success measured through community benefits:This definition aligns with the…
Q: I want to correct answer general accounting
A: Step 1: Define Return on AssetsReturn on assets (ROA) provides investors, managers and financial…
Q: Hello tutor please provide this question solution general accounting
A: To tackle the problem, we need to understand how amortization works for patents and how to account…
Q: Benz Co. incurred research and development costs in 2024 as follows: Materials used in research and…
A: Step 1: Identify the R&D CostsStep 2: Treatment of Equipment and DepreciationStep 3: Calculate…
Q: can someone explain both this account questions?
A: Question 1: Gross Profit Calculation Gross Profit is calculated as: Gross…
Q: Hi expert can you solve this given cost account questions?
A: Step 1:Gross profit is difference between sales revenue and cost of goods sold.This is the profit…
Q: Sub-General Accounting
A: Detailed Explanation: • Human Resource Accounting (HRA) advances established concepts of accounting…
Q: I need answers accounting question
A: Step 1: Calculate Earnings Per Share (EPS) for 2017Since there are no preferred dividends, net…
Q: ?
A: Explanation of Service IncomeService income refers to the revenue generated by providing specific…
Q: Please given answer accounting question
A: Step 1: Define Allocation of overheadsCost of a manufacturing a product includes direct material…
Q: General Accounting Question solution
A: Step 1: Define Financing Activities:The financing activities of the business include the sale of…
Q: ForCo, a foreign corporation, receives interest income of $100,000 from USCo, an unrelated U.S.…
A: Step 1: Identify the Interest income received by ForCo from USCoStep 2: Identify the Percentage of…
Q: sb: financial accounting
A: Key Definitions:Asset Classification: Traditional frameworks for categorizing and organizing…
Q: I need typing clear urjent no chatgpt used i will give 5 upvotes pls full explain
A:
Q: On nov.1 carter company signed a 120- day this question solution general accounting
A: Step 1: Define LiabilitiesIncluded on the balance sheet is current and long-term liabilities such as…
Q: In 2020. Novak Inc. issued 700 shares of $10 par value common stock for land worth $46,300. (a)…
A: (a) Preparing the Journal EntryWhen Novak Inc. issued 700 shares of $10 par value common stock in…
Q: Financial Accounting
A: Step 1: Define Debt to Equity ratioA firm uses debt and equity in order to raise capital for its…
Q: At the high level of activity in November solve this question
A: Step 1: Identify the high and low activity levels and corresponding costsStep 2: Calculate the…
Q: When should accountants consider alternative performance measure?
A: Explanation of Alternative Performance Measures:These are metrics that go beyond traditional…
Q: Financial Accounting Question please solve
A: Simple broAssets = Liabilities + EquityHence, Equity = Total assets - total liabilities…
Q: answer
A: 1. Given Data : The question under consideration is what benefits bringing about revolution in stock…
Q: Please provide the Transfer Pricing Schedule/Policy under the Optimum Transfer Pricing Method for…
A: 1] Opportunity CostThe variable cost + opportunity cost is usually the transfer price under the best…
Q: Need general accounting question solution
A: Step 1: Define Overhead costOver head cost are those expenses which are incurred on to convert raw…
Q: A company manufacturers 50,000 units of a product at a cost solve this question
A: Explanation: In the given case, we are required to calculate the gross profit from the data given in…
Q: Woodward corporation reported a pretax book income solve this question
A: Step 1: Define Current Income Tax ExpenseThe current income tax expense and the deferred income tax…
Q: Use the following data to find the total solution this question
A: Step 1: Define Cost VariancesThe cost (or price or rate) variances in standard costing are those…
Q: If you give me correct answer I will give you helpful rate on these general accounting question?
A: Step 1: Define Cost-Volume-Profit RelationshipsIn cost accounting, various tools and techniques are…
Q: Star Company purchases Stripe Inc. for $13,985,000 cash on January 1, 2024. The book value of…
A: The first step in calculating goodwill is to determine the purchase price of the acquired company.…
Q: The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of…
A: A T-account is a visual representation of a ledger account. The account title is written at the top,…
Q: Foley Word Processing Service uses the straight-line method of depreciation. The company's fiscal…
A: 2020, July 1: Purchase of ComputerThe company purchased a computer for $1,900, with additional costs…
Q: I want to correct answer general accounting
A: Step 1: Define Retail Inventory MethodThe retail inventory method can be used by retailers to…
Q: Solution
A: Explanation of Standard Costs: Standard costs are predetermined costs that are set for materials,…
Q: What was the cost of goods m?
A: Explanation of Direct Materials: Direct materials represent the raw materials that can be directly…
Q: General Account
A: Step 1: Formula Gross profit = Sales - Cost of goods sold Step 2: Substitution Gross profit = Sales…
Q: find out gross profit------
A: Step 1: Calculate Net SalesNet sales is the total sales minus sales returns and allowances, and…
Q: Can you please solve this general accounting question?
A: Step 1: Define EquityThe equity of a company can be calculated by deducting total liabilities from…
Q: Need answer the accounting question please answer do fast
A: Step 1: Introduction to ratio analysisRatio analysis is a method used to analyze financial…
Q: Tokan company has the following information concerning it's direct material need answer this…
A: Step 1: Define Variance AnalysisIn accounting, the variance analysis is usually deployed to compare…
Q: Consignee's payable amount?
A: Explanation of Consignment:Consignment refers to an arrangement where a consignor (the owner of the…
Q: Set the below answers to zero decimal places. On September 22, 2023, Phantom Inc. purchased…
A: A. Phantom Inc.Step 1: Calculate the depreciable costDepreciable cost = Cost - Residual…
Q: Hello tutor please provide this question solution general accounting
A: Step 1: Define Return on Assets (ROA)Return on Assets (ROA) is a profitability ratio that indicates…
Q: Please give me answer general accounting
A: Initial Investment: -21,000Discount Rate: 9% Present Value of Future Cash Flows:Year 1: 7,100 / (1…
Q: I want to correct answer general accounting
A: Step 1: Define Line of CreditLine of credit is a facility provided by the lender to the borrower to…
Q: answer in descending order and this is for 2023 journal entries.
A: Key Points :Accordingly, the percentage of completion method recognizes revenues and expenses…
Q: Agrico.inc.accepted a 10 month solve this question
A: Step 1: Given value for calculation Interest Rate = r = 13.8%Principal Amount = p = $4500Time = t =…
Please provide correct answer general accounting
Step by step
Solved in 2 steps
- 4.) refer to the orginal data. Compute the company's margin of safety in both dollar and percentage terms. 5.) what is the company's CM ratio? If the company can sell more units thereby increasing sales by $50000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase?Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).)Meargia Plastics is evaluating its plastic bottles division. The accounting manager has come up with the following data for the year: contribution margin of $570,000, controllable fixed of $228,000, and noncontrollable fixed costs of $57,000. Required: 1. What is the controllable margin? Controllable Margin 2. What is the total contribution by profit center (CPC)?
- 1.) refer to the original data. Compute the company's margin of safety in both dollar and percentage terms ? 2.) what is the company's cm ratio? If he company can sell more units thereby increasing sales by $84000 per month and there is no change in fixed expense, by how much would you expect monthly net operating income to increase?Golden Goodness (GG) has an investment center that had the following data: Operating Income $28,000 Sales $350,000 Invested assets $175,000 PMB has set a minimum acceptable rate of return at 14%. Using the information, answer the following questions. You must include what type of number it is (%, $, etc.) Part A: What is the residual income? Part B: Show calcualtions on how you got answerIt is due today. Please help! Can you help me find/solve the following? 1. PRIME COST (F+B+LABOR) 2. TOTAL COSTS OF SALES 3. TOTAL GROSS PROFIT 4. TOTAL INCOME 5. TOTAL INCOME LESS CONTROLLABLE 6. TOTAL OCCUPANCY COSTS 7. INCOME BEFORE INT, DEPR & TAX 8. TOTAL INTEREST EXPENSES 9. TOTAL DEPRECIATION EXPENSES 10. NET PROFIT or (LOSS)
- General accountingIsaiah Company uses a regression equation to analyze the behavior of its transportation costs (T) as function of travel time (H). They developed the following equation using two years' observation with a related coefficient of 85: T = 100,000 + P50HIf 500 hours of travel time were logged in one period, the related point estimate of total transportation costs would be __________ 121,250 106,250 125,000 110,000Frisch Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 170.00 $ 83.30 $138,720 Required: Show all calculations and formulas and present your work in good accounting form as illustrated in the lectures. a) Determine the monthly b) Determine the monthly break-even in units? break-even in dollars?