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.)

Question 1 which of the following tasks use your roommate as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough spoon cookies onto the tray unload the cookies from the oven pack the cookies 1 points question 2 which of the following tasks use the tray(s) as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough bake the cookies cool the cookies accept payment 1 points question 3 determine the task time for the following tasks. fill integer numbers into the blank (e.g., 5 rather than 5.0) wash and mixing the dough: minute(s)/order spoon cookies onto the tray: minute(s)/order set up timer: minute(s)/order bake: minute(s)/order cool the cookies: minute(s)/order pack the cookies: minute(s)/order accept payment: minute(s)/order 2 points question 4 q4: determine the cycle time for the following resources. fill integer numbers into the blank (e.g., 5 rather than 5.0) kristen (you): minute(s) roommate: minute(s) oven: minute(s) 2 points question 5 what is the capacity rate (in orders/hour) of the roommate? 1 points question 6 what is the capacity rate (in orders/hour) of the whole process? 2 points question 7 how long (in minutes) it takes to process the first order?

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is

Helen tells her nephew, bernard, that she will pay him $100 if he will stop smoking for six months. helen was hopeful that if bernard stopped smoking for six months, he would stop altogether. bernard stops smoking for six months but then resumes his smoking. helen will not pay him. she says that the type of promise she made cannot constitute a binding contract and that, furthermore, it was at least implied that he would stop smoking for good. can bernard legally collect $100 from helen