Exercise 19-8 contribution margin format income statement lo p2 polarix is a retailer of atvs (all-terrain vehicles) and accessories. an income statement for its consumer atv department for the current year follows. atvs sell for $3,600 each. variable selling expenses are $290 per atv. the remaining selling expenses are fixed. administrative expenses are 80% variable and 20% fixed. the company does not manufacture its own atvs; it purchases them from a supplier for $1,830 each. polarix income statement—consumer atv department for year ended december 31, 2017 sales $ 644,400 cost of goods sold 327,570 gross margin 316,830 operating expenses selling expenses $ 140,000 administrative expenses 41,800 181,800 net income $ 135,030 prepare an income statement for this current year using the contribution margin format. (round contribution margin per atv to the nearest dollar amount.)

You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.