The Bronco Birdfeed Company reported the following information: Sales (400 cases) $100,000 Variable expenses 60,000 Contribution margin 40,000 Fixed expenses 35,000 Net operating income $5,000 How much will the sale of one additional case add to Bronco's net operating income? A) $250.00 B) $100.00 C) $150.00 D) $12.50
Q: Financial accounting
A: Step 1: Define Earnings Per ShareEarnings per share are the per-share amount of earnings available…
Q: Calculate the return on assets on these general accounting question
A: Step 1: Define Return on AssetsReturn on assets is a measurement of profitability. It tells us how…
Q: Find out GP
A: Explanation of Gross Sales:Gross sales represent the total revenue a company earns from selling…
Q: Please provide correct answer general accounting not use ai
A: Step 1: Define Manufacturing Overhead RateThe overhead rate can be defined as the rate which is used…
Q: None
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: Please provide answer the financial accounting question not use ai and chatgpt
A: Step 1: Define Market-To-Book RatioThe market-to-book ratio is used to ascertain the market value of…
Q: Suppose a stock had an intial price of $52 share, please solve this financial accounting question
A: Step 1: The percentage of total return can be calculated using the formula - Percentage total return…
Q: NONE
A: Explanation of Cost Allocation: Cost allocation refers to the process of distributing total…
Q: What is the gross profit?
A: Net Sales: Subtract sales returns, allowances, and discounts from gross sales to get the net sales,…
Q: Do fast answer of this question solution general accounting
A: Step 1: Define Receivables Turnover RatioThe accounts receivable turnover ratio is an indication of…
Q: See the problem
A: Explanation of Book ValueBook value refers to the value at which an asset is recorded in a company's…
Q: ??
A: We use the following formula to find the cost of goods sold (COGS) for Smith Co.: COGS = Beginning…
Q: short answer please
A: Step 1: IntroductionTo determine the value of the company's inventory under the…
Q: What is the firm's net capital spending for the year on these accounting question?
A: Step 1: Define Net Capital SpendingNet capital spending is the net amount that a business spends on…
Q: What is the firm's cash conversion cycle on this accounting question?
A: Step 1: Define Cash Conversion CycleThe cash conversion cycle refers to the total time required by a…
Q: Don't need wrong Ai answer to this accounting problem
A:
Q: Note: this is general account question
A: To calculate the unit product cost under variable costing for Lynch Company, we need to consider…
Q: please solve it. NOTE: General Account
A: Applying the lower of cost or market rule to report the product:- Given: Cost = $18 Replacement cost…
Q: Hello tutor can you answer this account query?
A: Step 1: Understand the Components of Income Tax ExpenseIncome tax expense consists of two…
Q: Answer this question correctly, wrong answer will get accounting
A: Step 1:1. The material price variance is calculated as follows: Material price variance = (Actual…
Q: Provide solution this accounting question answer do fast
A: Step 1: Define Applied Overhead CostIn the beginning, companies estimate their overhead cost and…
Q: Wanna answer
A: Explanation of Cross-Sequential Analysis:Cross-sequential analysis refers to a method of examining…
Q: Don't use ai given to correct answer general accounting
A: calculate the equity risk premium, we subtract the risk-free rate from the expected market return.…
Q: Strict warning: Don't us Ai tools, otherwise I will report
A: Press Release: Paying the Penalty Set by SEC and Drawing Attention to Actions TakenOscar Brands,…
Q: Given answer financial accounting
A: Step 1: Define Average Collection PeriodThe number of days that a company takes to convert its…
Q: Solution to this financial accounting question
A: Explanation of Sales (Revenue)Sales, also known as revenue, is the total amount generated from the…
Q: Hello tutor answer me
A: Step 1: Understand the QuestionWe are given:Selling Price: $12.00Selling Expenses: $2.40Normal…
Q: A 60-day, 10% discounted note for solving accounting question
A: Step 1: Define Note payableNotes payable is the obligation for borrower to pay principal amount…
Q: General Accounting Question need help
A: Step 1: Define Cash DisbursementsThe transactions or events that minimize the amount of available…
Q: How much was the company's ending inventory on this accounting question?
A: Step 1: Define Ending InventoryEnding inventory has three classifications raw materials,…
Q: Compute the ending inventory under LIFO
A: In this scenario, we are computing the ending inventory under the Last-In, First-Out (LIFO) method,…
Q: What characterizes the accounting for subscription returns in publishing companies?
A: Option a: This option is incorrect because regular sales returns is not a unique characteristic of…
Q: The income statement for brit, lnc. Indicates that tax expense was solve this question right answer…
A: Step 1: Define Tax PayableIn the balance sheet, the tax payable is listed as a liability account,…
Q: answer this fast
A: Option a: This option is incorrect because in group depreciation, assets are pooled together into a…
Q: solve this account query
A: Step 1: Understand the Components of Absorption CostingThe company already provided an absorption…
Q: Answer this with full explanation
A: Step 1: Define Common StockCommon stock refers to those securities of the company that hold the…
Q: Can you please give me true answer this accounting question?
A: Step 1: Define Straight-Line DepreciationThe straight-line method calculates the depreciation…
Q: Kavya Co. Had installment sales of 1,000,000 and...
A: Explanation of Installment Sales: Installment sales represent transactions where the buyer pays for…
Q: Assignment 12-37: Financial Accounting Emerald Valley Golf Club's progressive membership data is…
A: Explanation of Membership BracketsMembership brackets refer to the segmentation of members into…
Q: Units? Find out
A: Explanation of Break-even Point: Break-even point represents the number of units a company must sell…
Q: Forron Company, wich has only one product, has provided the following data concerning it's most…
A: Step 1: Define Absorption CostingAbsorption costing is a costing method under which fixed…
Q: Provide correct answer general accounting
A: Step 1: Define Overhead Allocation BaseIn determining the predetermined overhead rate, the company…
Q: Provide correct answer general accounting
A: Step 1:Variable cost per unit (using high-low method): Variable cost per unit = (Highest total cost…
Q: What is the value of Stockholders' equity on these general accounting question?
A: Step 1: Define Stockholders' EquityThe stockholders' equity capital reflects the book value of…
Q: Prepare Cost Reconciliation Report for me in table format
A: Cost Reconciliation ReportAmount ($)Costs to be Accounted For: Beginning Work in Process…
Q: hello account tutor solve it
A: The lower-of-cost or market (LCM) approach is a principle in accounting used to value inventory.…
Q: Osborn manufacturers uses a predetermined overhead accounting questions
A: Step 1: Define Manufacturing OverheadThere are certain expenses that go into the manufacturing of…
Q: Please provide correct answer financial accounting
A: Step 1: Original Price Calculation• Discount Amount: $156.00• Discount Percentage: 12.5% (0.125)•…
Q: None
A: Step 1: Define WagesThere are times when wages earned by a worker are in one period and those…
Q: expert of account please help me
A: Given Data:Selling Price per Unit: $100Units Produced: 5,500Units Sold: 5,400Unit in Ending…
Please Provide answer of this General Accounting Question
Step by step
Solved in 2 steps
- 6. Below is selected financial data for Sims Company. Sales these $1,000,000 A) Optic Variable Costs B) OpticFixed Costs C) Option C D) Optic Compute the operating leverage for Sims Company. E) Optic A. 15 B. 5 Answer C. 4 Explan D. C20 $320 Answer B 750,000 200,000 profit of 209Kindly help me with accounting questionsThe following information is available for Concord Corporation: Total fixed $150000 expenses == Total variable. 320000 expenses Sales Cost of goods sold $570000 370000 A CVP income statement would report O gross profit of $250000, contribution margin of $420000. Ogross profit of $200000. O contribution margin of $250000.
- A merchandising company has provided the following contribution format incomestatement:Sales (10,000 units) $ 700,000Variable expenses 350,000Contribution margin 350,000Fixed expenses 85,000Net operating income $ 265,000(a) What is the total contribution margin? (b) What is the unit contribution margin? Show your calculations. **Pls help me in clear soultion with accurate answer pls thanksNeed General Accounting Question solution with Explanation of CalculationigmeniMalh.do?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse Show Me How Print Item eBook Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales and expenses (in millions): Sales $15,295.0 Food and packaging $(4,896.9) Payroll (4,134.2) Occupancy (rent, depreciation, etc.) (3,667.7) General, selling, and administrative expenses (2,384.5) $(15,083.3) Operating income $211.7 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Round to the nearest tenth of a million (one decimal place). million b. What is McDonald's contribution margin ratio? Round to one decimal place. % c. How much would operating income increase if same-store sales increased by $800 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the nearest…
- ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghm Assume the following (1) contribution margin = $150,0000 (2) net operating income $15,000, and (3) sales increase by 14%. Given these three assumptions, net operating income will increase by: Multiple Choice 15 1%. 14%. 116. 140%. < Prev 15 of 50 Next 2 Search for anythingQuick Inc. has sales of $36,400,000, and the break-even point in sales dollars is $24,024,000. Determine the company’s margin of safety as a percent of current sales. Enter your answer as a whole number.fill in the blank 1 %Save FNHPCF714 Corporation's info is below: Sales $635,000 VC $127,000 (ID#56554) FC $17,340 NOI $490,660 Q: How much is FNHPCF714's Contribution Margin? A: $ < Prev 20 of 25