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 points
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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(.2667)
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What contribution can you make to the learning environment? Every educational institution aims to provide a quality‚ effective and engaging learning experience for all its students. This aim has always been central to every institution’s objective to achieve a significant success. And in this learning experience‚ the learning environment is one of its critical components. Those superior-quality services to support learning depend on effective collaboration between the academic staff responsible
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Academic writing is one area that is vital in the life of any student‚ writing of these papers requires in-depth understanding of the rules essential for production of a quality work. A writer or a student should be able to understand plagiarism and how to avoid it. He/she should be able to do the right citation style to use as per the instructions and above all the writer should understand what kind of assignment he/she has been given. These are very vital to come up with a good academic paper. Thus
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The Path of Permanent Paradise There is one question that has been debated by many: what is the good life? In fact‚ what is good? Good is often associated with objects or events that bring about positive emotions. Since these emotions are invoked by different things for different people‚ the good life is different for each and every single person. Some believe in material objects that bring about temporary happiness. Perhaps moderation is key‚ bettering the body and mind better through strict
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What Makes a Good Physician? What is a good doctor? What makes a good doctor perfect? In the articles "Phlebitis" by Lair Eigther‚"The Doctors as Stranger" by David Rothman‚ and the book "The Spirit Catches You and You Fall Down" by Anne Fadiman these authors state different situations and outlooks the patients were in. For instance the writers explored whether the patients had good medical treatment. Furthermore the authors view the disconnection between the doctors and the patients on how physicians
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2010 ARTH 300 Good and Bad Art While many people disagree about the aspects of good versus bad art‚ famous art historians and critics agree that good art is classified very simply‚ if the viewer experiences a strong emotion‚ whether it is positive or negative‚ it can be considered good art. To really appreciate good art it should draw the viewer in. Art in and of itself is very subjective. People in today’s society are sometimes afraid to express their own opinion of good and bad art in fear of
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qualities and characteristics a leader must have to be able to succeed in the long run. For example‚ a good leader isn’t only strong physically‚ but is also strong mentally‚ and has to be prepared to take on anything that comes their way and be able to handle it. I think that there are three main qualities that really build a leader to make him strong and successful. One of the main things of being a good leader is to know how to be unselfish with your power. If a leader is selfish with their power
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What makes good people do bad things? Zimbardo’s Stanford Prison experiment was to study the behavior of normal people under a particular situation. The students who took part in the experiment would play the role of either guard or a prisoner in a mock prison. Most of the students that played as the guards of the mock prison became very cruel as they abused their power and authority over the prisoners. The students that played as the prisoners were frightened and became submissive to the prison
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Name: Code: Class: Essay: what is a good job? Life has many aspects and one of the most important sides of it is having a good job. But what is a good job? That’s a hard question to answer with one or two words because every person has his or her own perspective in answering this question. Some people see a good job as having a good income‚ others look at it as low working hours‚ while others just look to job as they are meant to do it. A job that is with high payment and brings the happiness
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