Business, 07.04.2020 20:04 calmicaela12s

Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (3,400 units) $ 88,400 Variable expenses 43,316 Contribution margin 45,084 Fixed expenses 33,400 Net operating income $ 11,684 If the company sells 3,800 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 19:20

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as

Answers: 2

Answer

Business, 23.06.2019 00:00

1. which of the following is true about how your skill set relates to a future career? (1 point) employers like to hire people with only full-time job experience. employers consider subject-specific skills for new positions. skills learned in high school should not be included. skills from part-time jobs and volunteer work may prove beneficial in future jobs. 2. which of the following is a list of broad categories of skills? (1 point) creativity, art and communications, tools and trade, literacy and language, and interpersonal skills english and literacy, tools and trade, mathematics, and creativity interpersonal skills, intrapersonal skills, writing and literacy, tools and trade, and creativity mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity

Answers: 3

Answer

Business, 23.06.2019 02:10

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?

Answers: 1

Answer

Business, 23.06.2019 05:20

What is difference between fiscal year and tax year? explain in the simplest way.

Answers: 1

Answer

You know the right answer?

Sorin Inc., a company that produces and sells a single product, has provided its contribution format...

Questions