Yountz Company budgets sales of $1,170,000, fixed costs of $31,600, and variable costs of $140,400. What is the contribution margin ratio for Yountz Company?
Q: General Accounting
A: referencehttps://www.investopedia.com/articles/retirement/05/lumpsumpension.asp
Q: On November 1, Jasper Company loaned another company $300,000 at a 7% interest rate. The note…
A: Step 1: Calculate the Monthly Interest Rate:Divide the annual interest rate by 12 months to get the…
Q: PIM Industries Incorporated manufactures electronics components. Each unit costs $45 before the…
A: Step 1: Calculate Current Rejection Costs.Step 2: Calculate Rejection Costs After Improvement.Step…
Q: Answer Provide with option
A: Step 1: Definition of Interest Payable:Interest payable is a liability account used to record…
Q: Need Answer Please
A: Step 1: We can calculate the monthly payment using the loan amortization formula:Step 2: Here M =…
Q: Need answer please
A: YTM ≈ (C + ((F-P)/n)) / ((F+P)/2)Where:C = annual coupon payment = $95F = face value = $1,000P =…
Q: Multiproduct Green Rider makes three types of electric scooters. The company's total fixed cost is…
A: Step 1:Calculation of the weighted average contribution margin: ModRadX-tremeTotalSale…
Q: None
A: Here are the details for Activision Blizzard's consolidated shareholders' equity based on the 2022…
Q: Please help solve this question
A: Step 1: Introduction to the Balance SheetA balance sheet is a financial statement that depicts the…
Q: Lexmark Technologies, a printer manufacturer founded in 1991 as a spinoff from IBM, reported total…
A: Step 1: Calculate Stockholders' Equity at the End of 2023• Determine Beginning Stockholders' Equity•…
Q: What
A: The purchase cost of the inventory is $50,000 and if the payment is made within 10 days (2/10) then…
Q: On January 1, Refuge Sales Company entered into a lease agreement to lease a piece of machinery for…
A: lease's implicit rate is calculated using the annual lease payment ($16,000), the equipment's fair…
Q: Need answer please
A: To solve this problem, we'll apply the double-declining-balance method of depreciation, which is an…
Q: ?
A: Explanation of Cost of Equipment: The cost of equipment refers to the total amount spent to acquire…
Q: 3 Problem 2- Enter the appropriate adjustments in the yellow boxes. Write any notes you have beside…
A: In financial accounting and taxation, the process of reconciling net income on financial statements…
Q: ??
A: Question 1:Explanation of Net Purchases:Net purchases represent the total cost of purchasing…
Q: Help please
A: Above answer can be explained as under- Goods purchasedGoods purchasedCost of goods soldCost of…
Q: 8.2 The following transactions occurred during 2020. Assume that depreciation of 10% per year is…
A: referencehttps://www.cpdbox.com/003-demolition-cost-ifrs/
Q: None
A: Step 1: Introduction to the High-Low MethodThe high-low method and regression analysis method are…
Q: Intercompany Downstream Sales, Cost Method LO 6 Pruitt Corporation owns 90% of the common stock of…
A: Step 1: Elimination of Investment in Subsidiary (Sedbrook) Why is this necessary? When consolidating…
Q: Solve this problem
A: Step 1: Introduction to the DividendsThe dividend is described as a portion of a company's profit…
Q: Current Attempt in Progress Harrid Corp. enters into a contract with a customer to build an…
A: If you have any problem let me know in comment box thank you.
Q: Question: A company had net income of $2,665,000, net sales of $25,500,000, and average total assets…
A: To calculate the Return on Total Assets (ROA), we use the following formula: Return on total assets…
Q: Provide correct answer this financial accounting question
A: Step 1: Introduction to the Straight Voting PolicyUnder the straight voting policy, the number of…
Q: None
A: If Muhammad remains as the chair of the board after the redemption, the redemption may not qualify…
Q: Suki and Steve own 50 percent capital and profits interests in Lorinda LLC. Lorinda operates the…
A: a-1. Amount of Lorinda's Loss Deductible by Suki and Steve1. Tax-Basis Limitation:Each partner's…
Q: The following data relate to the operations of Shilow Company, a wholesale distributor of consumer…
A:
Q: Hello tutor give correct answer
A: Step 1: Define Variable costIt refers to the part of total cost of an entity which fluctuates with…
Q: The unadjusted balance in Supplies was $930 at December 31, 2021. The unadjusted balance in Supplies…
A: 1. Supplies AdjustmentUnadjusted Balance of Supplies: $930Supplies on Hand (year-end count):…
Q: ksa
A: Let's consider every control in this case and try to match them accordingly: Internal Controls and…
Q: Please need answer
A: Step 1: Introduction to the Adjusting EntriesPrepayments require adjustments when the expense for…
Q: What is the AGI limit above which each of the following taxpayers would not be eligible to receive a…
A: The Credit for the Elderly or the Disabled is a nonrefundable tax credit available to elderly or…
Q: Government tax revenue is $500,000,000. It's spending is $575,000,000. Is the government running a…
A: Step 1: Compare Revenue and SpendingWe are given:Government Revenue = $500,000,000Government…
Q: Please provide Solutions
A: Question :1 Answer Step 1: Define Cost of Goods Sold:In accounting, the cost of goods sold is…
Q: Solve this problem
A: Step 1: Introduction to the Recognized Gain/lossRecognized gain is the excess of the selling price…
Q: Need answer please
A: Step 1: Define Net Book ValueNet book value is ascertained for the accurate valuation of the…
Q: None
A: Step 1: Define Accounts Receivable Turnover RatioThe receivables turnover ratio measures how…
Q: Not use ai please don't
A: Scenario B: Current Tax Rates (20% Capital Gains, 40% Dividends)Selling the Stock:Profit: $50 - $40…
Q: None
A: Step 1: Define Total EquityWe can determine the total stockholders equity using the balance sheet…
Q: Need answer the question
A: To find the number of days' sales in accounts receivable, we use the formula: Days' Sales in…
Q: Can you please give me answer this accounting question?
A: Step 1: Define Earnings per ShareEarnings per share is a financial ratio that represents the net…
Q: 9.4 Cactus Inc. purchased a machine on January 1, 2022, at a cost of $60,000. The machine is…
A: Step 1: Calculate the Correct Depreciation for 2022 Using the Straight-Line MethodThe machine's cost…
Q: General Accounting
A: Step 1: Identify starting balance of supplies.Step 2: Add supplies purchased during the period.Step…
Q: Solve this problem
A: Option A:This option is incorrect because forgoing the trade credit discount results in an implied…
Q: Ch 04 Ex 4-11 i To Do Assign... Question 1 MyEagle H PeopleSoft s... Login - Edutu... Saved Help…
A: Required 1 Per Unit Direct Materials Direct LaborOverheadProduct Cost per UnitProduct…
Q: Required information [The following information applies to the questions displayed below] Agrico…
A: Since the note was accepted on July 15, 2022, and the interest is payable at maturity, we need to…
Q: Hi expart Provide solution
A: Required A: Equity Accounting equation: Total assets = Total liabilities + Total equity Total assets…
Q: Need experts solution only.
A: Step 1:We have asked to calculate variable cost and fixed cost portion on the basis of labour hour.…
Q: Do question c, d and e only please
A: The total manufacturing overhead cost is the sum of all indirect costs associated with production.…
Q: Solve this problem
A: Step 1: Define Asset DisposalWhen a company decides that an asset is no longer useful or necessary,…
What is the contribution margin ratio for yountz company?
Step by step
Solved in 2 steps
- Tom Company reports the following data: Sales Variable costs Fixed costs Determine Tom Company's operating leverage. Round your answer to one decimal place. $156,332 81,532 30,800Matamad Inc. Provides you with the following data on its operation for analysis:Unit selling priceP40Variable costs and expenses per unit.P30Fixed cost and expenses per annum.P48,000REQUIRED:a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salese. Peso sales with desired income of P9,000f. Peso sales with desired income P13,000 after 32% income taxAsha Inc. and Samir Inc. have the following operating data: Sales Variable costs Contribution margin Fixed costs Asha Inc. $2,500,000 (1,500,000) $1,000,000 (800,000) $200,000 Asha Inc. Samir Inc. Samir Inc. $4,000,000 (2,500,000) $1,500,000 (900,000) $600,000 Operating income a. Compute the operating leverage for Asha Inc. and Samir Inc. If required, round to one decimal place. Asha Inc. 150 75 Samir Inc. b. How much would operating income increase for each company if the sales of each increased by 30%? Dollars Percentage 30 % 30 % c. The difference in the increases of operating income is due to the difference in the operating leverages. Asha Inc.'s higher operating leverage means that its fixed costs are a smaller Inc.'s. percentage of contribution margin than are Samir
- II. George Corporation has the following information for the current year: Selling price per unit Variable costs per unit Fixed costs Required: Prepare a cost-volume-profit graph identifying the following items: Total fixed costs line Total variable costs line Total costs line Total revenues line Breakeven point in sales dollars Breakeven point in units A. B. C. D. E. F. G. H. Dollars (S) Profit area Loss area 6,000 5,000 4,000 3,000 2,000 1,000 S 10.00 6.00 S $1,000.00 0 100 200 300 400 Qty (# Units) 500Given answer accounting questionsFor a certain company, the cost function for producing x items is C(x)=40x+200, and the revenue function for selling x items in R(x)=−0.5(x−80)2+3,200. The maximum capacity of the company is 110 items. The profit function P(x) is the revenue function R(x) (how much it takes in) minus the cost function C(x) (how much it spends). In economic models, one typically assumes that a company wants to maximize its profit, or at least make a profit!Assuming that the company sells all that it produces, what is the profit function?P(x)= Preview Change entry mode . Hint: Profit = Revenue - Cost as we examined in Discussion 3. What is the domain of P(x)?Hint: Does calculating P(x) make sense when x=−10 or x=1,000? The company can choose to produce either 40 or 50 items. What is their profit for each case, and which level of production should they choose?Profit when producing 40 items = Number Profit when producing 50 items = Number Can you explain, from our model, why the company makes less profit…
- A projected income statement of Hailwork’s company for the coming year follows: Sales $506300 |Total Variable Cost 170865 Contribution Margin ? Total Fixed Cost 175000 Operating Income ? Compute contribution margin and contribution margin ratio Compute the Operating Income How much revenue must be earned in order to breakeven What is the effect on contribution margin ratio if the unit selling price and unit variable cost increase by 10 percent each?Management anticipates fixed costs of $73,000 and variable costs equal to 47% of sales. What will pretax income equal if sales are $330,000? Multiple Choice $196,050. $257,000. $155,100. $101,900. $82,100.Sheridan Corp. had total variable costs of $148,200, total fixed costs of $139,200, and total revenues of $285,000. (a1) Calculate contribution margin ratio. Contribution margin ratio %