Question 1 1. The following is Addison Corporation’s contribution format income statement for last month: Sales $1‚000‚000 Less: Variable Expenses $ 700‚000 Contribution Margin $ 300‚000 Less: Fixed Expenses $ 180‚000 Operating Income $ 120‚000 The company has no beginning or ending inventories. A total of 20‚000 units were produced and sold last month. What is the company’s margin of safety in dollars? $400 000 10
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The economic contribution of the cruise sector to Australia Carnival Australia 29 February 2012 Deloitte Access Economics Pty Ltd ACN: 149 633 116 Level 1‚ 9 Sydney Ave Barton ACT 2600 PO Box 6334 Kingston ACT 2604 Tel: +61 2 6175 2000 Fax: +61 2 6175 2001 www.deloitte.com.au Ann Sherry Chief Executive Officer Carnival Australia 15 Mount Street‚ North Sydney‚ NSW‚ 2060 29 February 2012 Dear Ann Economic contribution of the cruise sector to Australia – Update The report outlines the economic
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Filipino Scientists Contribution in the field of electricity Gregorio Zara Holder of doctorate in physics. Among Filipino Scientists‚ he is perhaps the most notable in the field of electricity. Zara formulated the Law of electrical resistance or what is known as the Zara Effect. This law states that all moving contacts between conductors produce a resistance to the passage electrical current which may be kinetic or permanent electrical resistance.
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behavior is vital to the manager’s decision-making role‚ because one of the main goals of management accounting is controlling costs. 15 Cost-Volume-Profit Analysis 1. 2. 3. 4. 5. 6. The Profit Equation Breakeven Point Margin of Safety Contribution Margin Contribution Margin Ratio What-if Analysis The Profit Equation Profit = SP(x) –VC(x) – TFC X = Quantity of units produced and sold SP = Selling price per unit VC = Variable cost per unit TFC = Total fixed cost Break-Even Point The break-even
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and contributions of one of America’s most important legal activists: Thurgood Marshall. More specifically‚ the paper will:1) provide an overview of Marshall’s early years‚ focusing on his encounters with racism and experiences as an African American growing up in the early-twentieth century‚ 2) explore his development as a legal activist and contributions as director of the NCAAP’s legal division‚ as well as the nation’s first African American attorney general‚ 3) examine his contributions to the
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600 units. 2. The contribution margin per chair for the Colonial model is: A) $51. B) $16. C) $35. D) $25. The answer is b. CM = P-V = $60 - $35 - $9 = $16. Page 1 3. If the sales mix and sales units are as expected‚ the break-even in sales dollars is closest to: A) $132‚000. B) $148‚500. C) $143‚000. D) $139‚764. Price: Variable Costs: Contribution Margin: Contribution Margin Ratio: The answer is c. Colonial to Early American Sales Mix: 3:1 Weighted Average Contribution Margin Ratio: .75(
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Contributions of minorities to US culture In the United States minorities pay a higher premium than white areas with the same risks. Minorities in the US are those immigrants‚ black‚ Hispanics Asian immigrants. The differentiation begins with some observable human characteristics‚ including ethnicity‚ religion‚ sexual orientation race‚ wealth‚ and health. But the minorities in the United stated and as for any other country contribute to the culture to make it one. The United is not homogenous in
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Paul Revere is mostly known for his Midnight Ride at Lexington and Concord‚ but he did many more contributions to the American Revolution. Revere was born January 1‚ 1735 in Boston Massachusetts. His father‚ Apollos Rivoire‚ was a French immigrant who came to America at the age of 13. On the other hand‚ his mother ‚Deborah Hichborn‚ was a Boston native and the daughter of an artisan family. According to www.theamericanrevolution.org ‚ Revere had a good education. He was taught the art of gold and
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Contributions of Modern Technology Toward Enhancing Advertising Campaign Strategies by David Ingram‚ Demand Media Modern technology has given small businesses an unprecedented ability to communicate with their target markets‚ causing a dramatic evolution in the way marketers craft advertising strategies. Unlike the shotgun-scatter technique of yesterday's mass media outlets‚ new advertising channels created by cutting edge technology allow companies to target small groups and individuals
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Contribution Margin and Break Even Point by ACC 202 Trident University July 22‚ 2011 Contribution Margin and Break Even Point I’m going to discuss Contribution margin and what it is and how it relates to companies and profits. Contribution margin is the amount remaining from sales revenue after variable expenses have been deducted. It is the amount available to cover fixed expenses such as lease agreements and then to provide profits for the period. Contribution margin is first
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