Clearly, the terms contribution margin and gross margin cannot be used interchangeably based on their names. As a result, the statement is false.
Contribution margin can be computed when we deduct the variable costs from the sales revenue.
Formula for Contribution Margin:
Sales Revenue - Variable Costs = Contribution Margin
or
Sales Revenue - (Variable Cost per Unit × Number of Units) = Contribution Margin
However, the gross margin can be calculated when the cost of goods sold are deducted from the sales revenue.
Formula for Gross Margin:
Sales Revenues - Cost of Goods Sold = Gross Margin
So, to put it simply, the contribution margin actually measures the profitability of different finished goods, while the gross profit margin merely measures the amount of income that is left over after deducting the expenses incurred related to the operations.
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__________ is a partnership between an organization and a foreign company partner or partners in which both share resources and knowledge in developing new products or building production facilities.
A strategic alliance is a partnership between a company and an overseas employer companion or companions in which each percentage assets and knowledge in growing new products or building manufacturing facilities.
A company business enterprise is a prison entity formed through a group of people to engage in and function as a commercial enterprise—commercial or industrial—employer. An agency can be prepared in numerous ways for tax and financial legal responsibility functions relying on the corporate law of its jurisdiction.
The company of an enterprise is a synthetic entity recognized by means of the law as a criminal person that exists independently with rights and liability. which means that an agency is treated as a separate character from its members. it's far owned by a minimum of one shareholder and managed by way of as a minimum of one director.
A company is a body corporate or an integrated commercial enterprise agency registered below the agencies act. it can be a limited or an infinite organization, a private or a public organization, an employer constrained by way of assurance or a business enterprise having a proportion capital, or a community hobby enterprise.
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If it is determined that a customer account that is paying an annual flat-fee would have been cheaper if the customer paid a commission on each trade, then the member firm?
The member firm must get in touch with the client and provide the details required to decide if the client should keep the fee-based account.
A commission is a fee that a broker or investment adviser charges in exchange for processing a client's purchases and sells of securities or offering financial advice.
The suitability of Non-Managed Fee Based Accounts (NMFBA) for each customer must be evaluated yearly. The customer must be notified and provided the information essential to decide whether or not he or she wants to keep this type of account if the evaluation shows that an NMFBA is more expensive.
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Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?.
Your question is incomplete. Here is the full question:
The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Bal 0 (b) 156,400 (a) 170,000 13,600 Work In Process Bal 0 (f) 519,600 (b) 133,200 (c) 170,400 (e) 216,000 0 Finished Goods Bal 0 (g) 472,000 (f) 519,600 47,600 Manufacturing Overhead (b) 23,200 (e) 216,000 (c) 27,200 (d) 158,400 7,200 Cost of Goods Sold (g) 472,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?
Answer:
Used in Production $ 133,200
Explanation:
Raw Materials T accounts:
DEBIT CREDIT
Beginning 0
Used 156,400
Purchased 170,000
Ending Balance 13,600
Glancing at the T-account, the debit conveys purchases of Raw materials, while the credit is the number of materials utilized, whether indirect or direct.
To glance for the amount used, we glance into:
WIP inventory
DEBIT CREDIT
133,200 <-- DIRECT MATERIALS
Manufacturing Overhead
DEBIT CREDIT
23,200 <-- INDIRECT MATERIALS
Job order costing is a costing technique utilized to define the cost of production per product. This costing method is normally adopted when a manufacturer delivers various products and requires calculating costs for doing individual jobs. Job costing incorporates direct labor, direct materials, and manufacturing overhead for that special job.
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As of June 28, 2020, Cedar Fair had issued $201.5 million in season passes. Cedar Fair estimated that guests would use passes worth
$41.9 million during the remainder of 2020, $61.9 million from January 1 to June 30, 2021, and the remaining $97.7 million after June
30, 2021. What amounts should Cedar Fair classify as current versus noncurrent, in its balance sheet on June 28, 2020?
Based on Cedar Fair issuance of season passes,$103.80 million would be classified under current whereas $97.7 million is non-current
What does current classification indicates in the balance sheet?
The current classification in the balance sheet refers to assets that would be used up in up to a year or liabilities that would be settled within a year, any other item whose usage or settlement date is beyond 1 year is classified as non-current asset or liability.
In this case, Cedar Fair would classify the the amount of season passes usable within a year under the current liability and the remainder value of season passes that would be used after after June30, 2021 as non-current liability.
current liability=$41.9 million+ $61.9 million=$103.80 million
non-current liability=$97.7 million
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Assume that divisional operating income amounts to $202,000 and top management has established 14 s the minimum return on divisional assets totaling $1,185,000. the residual income for the division is:__________
The term “income” generally refers to the amount of money, property, and other transfers of value received over a set period of time in exchange for services or products. There is no single, standard definition: income is defined according to the context in which the concept is used.
Residual Income for the division
= operating income - required return on operating assets
= $203000 - $1192000 x 14%
= $36120
The definition of income is the amount of money received by a person, group, or company during a certain period of time. An example of an income is a $70,000 a year salary.
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__________ control the flow of information and may limit the alternatives considered in the organizational buying decision process. multiple choice influencers gatekeepers buyers users deciders
The correct answer is (b) gatekeepers, who control the flow of information and may limit the alternatives considered in the organizational buying decision process.
A gatekeeper is anyone who prevents you from speaking with a decision-maker within a company. A manager, supervisor, director, president, or executive may make the decision. It is the gatekeeper's responsibility to screen unwanted calls so that the important decision-day maker's is not disrupted by various distractions that can impact their efficiency and output.
Gatekeepers have an impact on the B2B sales process by putting a barrier between you and the person with whom you need to speak in order to close the deal. They introduce a new step that must be completed prior to converting a lead into a paying customer. You must overcome them in order to meet your sales targets.
That means that every salesperson who works with these types of leads must develop a skill set for dealing with B2B gatekeepers. One way to improve that skill set is to break bad habits that may cause you to stumble when interacting with a business gatekeeper.
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A customer has an existing margin account that shows: $6,000 lmv $5,000 debit the customer will receive a call for minimum maintenance margin of?
A customer has an existing margin account that shows: $6,000 lmv $5,000 debit the customer will receive a call for minimum maintenance margin of 500. Hence, option B is correct.
What is margin account?A margin account allows the broker to lend the customer money so they can purchase stocks or other financial products. For the loan in the account, which has a recurring interest rate, the cash and the assets purchased serve as collateral.
A particular type of brokerage account known as a "margin account" is one in which the broker-dealer lends the investor money to purchase securities while using the account as security.
Thus, option B is correct.
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The options are missing-
A) 2000.
B) 500.
C) 3000.
D) 1000.
a retailer owns a large online business selling antiques. they want to create a display campaign. what are two of the three inputs they must supply to create a display campaign? choose two.
Budget amount and Creative assets they must supply to create a display campaign.
what do you mean by Creative assets?Creative assets are the records you transfer to supply advertisement substance. For case, picture records, wealthy media records, and HTML5 records are all imaginative resources. They are the records that create the creatives in your advertisements. A inventive is the substance users see; resources are the records that make up the creative
Digital asset management (DAM) frameworks offer assistance organizations to store, organize, discover, recover and share their whole computerized substance catalogue from one put.
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the demand for money is expressed as a. upper m superscript d baseline equals upper y upper l left parenthesis i right parenthesis . b. upper m supers
Upper M Superscript d plus 0.2 Upper Y minus 1000 I equals 500 plus 0.2 Upper P End Fraction. The Fed ensures that the money supply equals the money demand.
Income has a direct, proportional, and beneficial effect on money demand. It is written LT = KY. Where LT represents the transaction demand for money, K represents the fraction of income kept for transaction purposes, and Y represents the income. However, it should be remembered that Keynes stretched the LT function. The income (Y), predicted inflation (), and interest rate (I) are the three main elementary components in a typical money demand function. In theory, money demand is an incremental function of real income, as dictated by conventional budget constraints, and it is the most important variable in the money demand function.Thus this is the meaning of money demand.
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In the interview in the ""introduction to marketing""-lecture on 09/13/22 a company representative of fidelity described how fidelity segments their markets. Based on which factors does fidelity segment their markets?.
Mass marketing, often known as undifferentiated marketing, is a tactic that involves developing a single message for every possible audience. It increases brand recognition and enables firms to contact more customers at a reduced cost.
It encompasses all the activities that companies undertake to push, sell, and distribute that product or service. The goal is to come up with sales and build a loyal Marketing customer base by informing prospective and existing buyers about the offering. The key purpose of selling is to induce people to inquisitive about the products or services of an organization.
This happens through market research, research and contemplating the interest of a business's ideal customers and attracting them through messaging which might be educational and helpful to a business's target group.
Marketing Management is an organizational discipline, which deals with the sensible application of promoting orientation, techniques and methods in enterprises and organizations and with the management of a company's marketing resources and activities.
The underside line of any business is to form money and marketing is a vital channel to achieve that end goal. Creative explained that without marketing many businesses wouldn't exist because marketing is ultimately what drives sales.
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deceptive packaging includes exaggerating package contents through subtle design and misleading labels.
Deceptive packaging includes exaggerating package contents through subtle design and misleading labels or describing size in misleading terms.
Truth is a powerful and essential component of marketing, but as competition rises and firms seek to acquire a competitive edge, they now place a greater emphasis on what consumers perceive and believe.
Deceptive packaging it misleads the customer about a variety of factors, including substance, size, form, quantity, and more. Companies utilize it to entice customers and persuade them to buy their goods by giving them an impression that contrasts with the products' original packaging.
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A project job had been forecast to take 12 months and an estimated 41,600 man hours of work. how many persons working one shift would be needed to complete this project?
To finish this project, 20 people working one shift would be required.
Just how do we calculate value?Round off all the numbers to the same place value before adding them to obtain an idea of the total. Round all the integers to the same place value and subtract them to get an idea of the difference.A list of potential costs and completion timelines for a building project serves as an example of an estimate. a provisional assessment or approximate calculation, especially one of value, amount, or size. A calculation of the storm's damage. Looking at the digit immediately to the right of the digit you wish to estimate is the usual rule for estimation. Looking at the digit to the right of the decimal is necessary for estimating or rounding to the nearest whole number.Therefore the correct answer is c. 20
The complete question is:
A project job had been forecast to take 12 months and an estimated 41,600 man hours of work. How many persons working one shift would be needed to complete this project?
a. 5
b. 10
c. 20
d. 25
e. 30
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which of the following statements regarding intrinsic stock value maximization and social welfare is accurate? in general, unlawful actions taken to maximize intrinsic stock values actually benefit society. when direct stock ownership, mutual fund ownership, and indirect ownership through pension funds are considered, many members of society now have an important stake in the stock market. value maximization requires efficient, low-cost businesses that produce high-quality goods and services that consumers need and want at the highest possible cost. more than 64% of all u.s. households directly own mutual funds, either directly or as part of a tax-deferred retirement account. when a manager takes actions to minimize intrinsic value, this improves the quality of life for millions of ordinary citizens.
When direct stock ownership, mutual fund ownership, and indirect ownership through pension funds are considered, many members of society now have an important stake in the stock market. Hence, option B is correct.
What is direct stock ownership?If a person directly own the shares, a person have power over those voting rights. Activist shareholders may exert pressure on the board of directors and management of the company to fundamentally alter how it is operated.
Even if shares of stock are not stored in a 401 or personal brokerage account, they are still regarded as personally owned.
Thus, option B is correct.
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this intelligence product category forecasts current or potential situations with implications for planning and executing military operations.
The estimative intelligence product category forecast current or potential situations with implications for planning and executing military operations.
The implication of the planning means to implement all the steps of the planning. In this question, we have to determine the product category of intelligence used in the forecasting. The estimative intelligence product category is the product category that is used for the forecast's current situation. Because the estimative intelligence is a type of intelligence in which the different types of the estimates are made by the company along with the strategy to implement the planning and executing military operations. In estimative intelligence plans are made in advance to complete the military operations. Hence, the estimative intelligence is used to forecast the current situation.
Therefore, Estimative intelligence forecasts situations that could have an impact on organizing and carrying out military actions
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Assume that boca co. wants to expand its business to japan, and wants complete control over the operations in japan. which method of international business is most appropriate for boca co?
The method of international business that will be most suitable for expansion of Boca Co. in Japan will be establishment of Japanese subsidiary.
The trade of goods, services, technology, capital, and/or knowledge across national borders and on a global or transnational scale is referred to as international business. It entails the exchange of goods and services between two or more countries. Economic resource transactions include the exchange of capital, skills, and people for the purpose of international production of physical goods and services such as finance, banking, insurance, and construction. Globalization is another term for international business.
To conduct international business, multinational corporations must connect separate national markets into a single global marketplace. Two macro-scale factors highlight the trend toward greater globalization. The first is to remove barriers to facilitate cross-border trade (e.g., free flow of goods and services, and capital, referred to as "free trade"). The second factor is technological advancement, particularly in communication, information processing, and transportation technologies.
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Making a business decision based on its projected financial outcome and then arguing that the decision is ethical is:__________
Making a business decision based on its projected financial outcome and then arguing that the decision is ethical is: rationalizing the decision.
What is rationalizing the decision?Rationalizing decision can be defined as the way in which a person tend to make a decision and then felt the decision they make align with what they desire the outcome of the decision to be or justify the outcome of the decision when the outcome is bad or good.
Hence, rationalizing a decision is when a person make decision that is based on its projected financial outcome and then arguing that the decision is ethical.
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A menu item with a price of $12.75 and a cost of food of $7.50 has a contribution margin of _____?
A menu item with a price of $12.75 and a cost of food of $7.50 has a contribution margin of $5.25
Contribution margin indicates you the aggregate amount of sales available after variable charges to cowl constant prices and offers profit to the company,” Knight says. you may think of this as the portion of sales that allows offsetting constant charges.
calculation,
menu item with a price of $12.75
cost of food of $7.50
Contribution margin = $12.75 - $ 7.50
=$5.25
Contribution margin is useful for figuring out how income, variable prices, and glued expenses all have an impact on operating profit. It offers enterprise owners a manner of assessing how numerous income levels will have an effect on profitability. it is able to be calculated on the unit or overall level and can be expressed in dollars or as a percentage.
The contribution margin ratio is the distinction between an organization's sales and variable expenses, expressed as a percentage. the overall margin generated through an entity represents the full income to be had to pay for fixed costs and generate earnings.
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stock a, has returns of 10%, 20%, 30%, and 40%, over the last four years. what is the stock's standard deviation?
The stock's standard deviation will be 12.91%.
What is the Stock standard deviation?An analysis of a dataset's dispersion in relation to its mean is done statistically using the standard deviation. The square root of the variance is used to quantify it. It is necessary to assess the variation between the numerous data points in reference to the mean in order to determine the standard deviation as the square root of the variance. The dataset's deviation increases as the distance between the data points and the mean increases. In other words, the standard deviation rises as the number of data points increases.
The standard deviation can help by revealing information about a stock's historical volatility when used in a financial context, such as when applying it to stock market returns. A higher standard deviation indicates that the stock's price dispersion from the mean is greater. This suggests a wider pricing range. For instance, volatile equities will have a high standard deviation, whereas more stable stocks will have a smaller standard deviation.
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Please Help me with this. I don't understand.
Answer:Your posting to many stuff just wait and see what people are gonna say
Explanation:
although dependent on several variables, any gainfully employed person can have this type of account.
The correct answer is SEP Plan. The SEP plan stands for Simplified Employee Pension.
What is Employee Pension?A pension is a fund that is accumulated over the course of an employee's career and into which recurring payments are made to support the employee's retirement. A pension can be a "defined benefit plan," in which a predetermined sum is regularly given to an individual, or a "defined contribution plan," in which a predetermined sum is invested and becomes available upon attaining retirement age. Severance pay and pensions are two distinct concepts that shouldn't be mixed up. After an involuntary termination of employment prior to retirement, the former is often granted as a fixed payment, while the latter is typically paid as a regular amount.
Retirement plans and superannuation typically refer to a pension that is paid out.
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some u.s. hospitals outsource radiology work to india. this is possible because of advancements in blank . multiple choice question. technology customer service legislation tariffs
Some u.s hospitals outsource radiology work in India. This is a recent advancement that is possible because of advancement in technology.
Why do hospitals in the USA subcontract their radiology services to nations like India?
Currently, radiology reporting is routinely outsourced by institutions in the USA, UK, and Singapore to nations in Europe and Asia, including India. This is all because they require prompt and capable expert assistance. During medical emergencies, it is crucial that diagnostic services are easily accessible.
Radiology services will be nearly completely outsourced as teleradiology continues to advance. After all, this approach might be able to handle more than 90% of typical x-ray, MRI, CT, and ultrasound tests.
Teleradiologists specialized in different subspeciesPeer-reviewed reportsCompetitive pricing to benefit your budgetApplicable to a variety of medical operationsFull support services
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How can diversity enrich the operations and effectiveness of sport organizations?
In communities that foster and sustain a mixed workforce, people who operate in groups can interact with others who bring a wide variety of experiences, perspectives, and opinions.
In what ways does diversity help people in sports organizations?Advantages of diversity contain increased creativity and less groupthink. Groupthink occurs when too many like-minded people degrade different ideas, about other possibilities and ideas as deliberate sabotage or influencing opinions. Equality is around identifying and removing the obstacles faced by people involved, or desiring to be interested in sport organisation. It is about changing the culture of sport to one that appreciates diversity and enables the full involvement of disadvantaged classes in every aspect of the sport.
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the national differences in the quality of factors of production help companies multiple choice question. improve the quality or functionality of their product offering. lower their profit margin thus allowing them to compete more effectively. increase the barriers to cross-border trade. increase the overall cost structure of their business operations.
Growing demand and new industry capabilities in the emerging world are changing global value chains. Financial success is a constant problem for all nations in the world, irrespective of their level of economic growth.
Assessing your company's foreign market goals, product-related costs, market demand, and competitiveness are important components. These all help to increase economic growth, which is the most effective means of reducing poverty in emerging nations.
Efficiency in production, distribution, marketing, and administration are essential for success in the global marketplace, which ultimately shifts its attention to price.
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a high school in a low-income area offers special programs to help students acquire the technical skills needed to find jobs as computer technicians. this program is most strongly related to which aspect of life? culture culture society society economy economy ethics ethics
A high school in a low-income area offers special programs to help students acquire the technical skills needed to find jobs as computer technicians. this program is most strongly related to the economy Option C
This is further explained below.
What is economics?Generally, Students who attend a high school located in a low-income community have access to specialized programs designed to assist them in acquiring the technical skills necessary to obtain employment as computer technicians.
In conclusion, economics is the topic that is most directly relevant to this curriculum. Alternative C
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Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units and ordering cost = $15 per order. the total cost per year, assuming no stockouts, is approximately equal to:______.
Given that unit cost is $25, annual carrying charge = 10%, annual demand = 4,000 units, and ordering cost = $15 per order, the EOQ is 219 units.
Annual carrying chargeA carrying cost is a cost associated with holding a physical commodity or financial instrument. Models of carrying charges contain insurance costs, storage costs, and good charges on borrowed funds. These costs are also occasionally directed as an investment's cost of carrying.
EOQAlso directed as 'optimum lot size,' the financial order quantity, or EOQ, is a calculation developed to find the optimal order quantity for businesses to underestimate logistics costs, warehousing space, stockouts, and overstock costs. The formula is:
EOQ = square root of = 2 ( setup costs )( demand ) ] / holding expense.
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the first stage of the change process should be: a. maintaining the change. b. planning and implementing the change. c. engaging people in the change. d. it is not a linear process. you will often find yourself working in many stages of the process simultaneously.
The first stage of the change process should be planning and implementing the change. Shock, rage, acceptance, and commitment are the stages. People's initial response to the change is probably going to be astonishment or denial since they don't want to believe that change is actually happening.
When there is no immediate intention planning to change behavior, the stage is known as precontemplation. A straightforward and simple paradigm for humanizing the change management process is Lewin's change model. You are able to plan and carry out the necessary modification using these three separate stages of change . Precontemplation, thought, planning, doing, maintaining, and ending.
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Organizational performance can be measured by how well an organization achieves its ______ while efficiently maximizing its _______.
Organizational performance can be measured by how well an organization achieves its goals while efficiently maximizing its performance.
Financial measures of performance relate to organizational effectiveness and profits. Examples consist of monetary ratios such as return on assets, return on equity, and return on investment. different common monetary measures consist of profits and stock charges.
Employee productiveness. How efficiently do corporations meet their goals. The alignment among business functions, in addition to the ones capabilities' alignment with the agency's approach. Organizational lifestyle and weather.
Organizational effectiveness refers to how a business enterprise has completed complete self-consciousness due in part to Leaders setting properly-defined goals for personnel and outlining ways to effectively execute one's desires. Management enforcing clean decision-making processes and conversation pipelines.
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A micro-influencer is someone who has 10,000-50,000 followers. engaging with a micro-influencer may be more beneficial than engaging with a larger macro influencer (500,000-1,000,000 ) if ________.
Someone with between 10,000 and 50,000 followers is considered a micro-influencer.
If a micro-influencer has a more devoted following, working with them may be more advantageous than working with a bigger macro influencer (500,000–1,000,000).
Because the majority of followers of a larger influencer just follow them because so many other people do, micro-influencers have more power over their followers.
Micro-influencer followers, on the other hand, adhere to their material. Additionally, they are in close contact with their influencer.
A micro-influencer is someone whose social media following is bigger than that of an average person but smaller than that of a star.
Typically, that implies having more than 1,000 followers but less than 100,000. Because they are enthusiastic about their area and can select the most contentious issues to engage their followers, micro-influencers have 22.2 times more Conversations than the average user, which helps them appear to the audience as "people like me."
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Communication as the means of coming to know who we are is known as satisfying ________ needs.
Communication as the means of coming to know who we are is known as satisfying Identity needs.
Since we enter the world with little to no sense of who we are and only acquire one by the way others define us, communication serves as a significant means by which we learn who we are as people.
Communication: a method by which people communicate with one another by using a shared set of signs, symbols, or actions.
Communication as the means of coming to know who we are is known as satisfying Identity needs.
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scenario planning has a short-term focus and is typically associated with planning at the supervisory level.
Scenario planning is frequently related to planning at the supervisory level and has a short-term focus. Procedures are limited-purpose plans that are only required if an organization lacks policies. Many managers overlook planning in favor of concentrating on current job issues.
Explain what scenario planning is.
In scenario planning, you make predictions about the future and how your company's environment will evolve over time in response to it. A more exact definition of scenario planning is the identification of a certain collection of uncertainties, or various "realities," of what could transpire in the future of your company.
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