Zhao company has fixed costs of $469,200. its single product sells for $193 per unit, and variable costs are $125 per unit. the company reports sales of 10,000 units. prepare a contribution margin income statement for the year ended december 31
Answers
The contribution margin of $680,000 covers the fixed costs of $469,200 and generates a net income of $210,800. This means that Zhao Company is profitable and has a positive contribution margin per unit, indicating that it is generating enough revenue to cover the variable costs and contribute to the fixed costs and profits.
To prepare a contribution margin income statement for Zhao Company, we need to calculate the contribution margin per unit and the total contribution margin for the year. We also need to deduct the fixed costs from the total contribution margin to determine the net income.
Firstly, let's calculate the contribution margin per unit:
Contribution Margin per unit = Sales price per unit - Variable cost per unit
Contribution Margin per unit = $193 - $125 = $68
Secondly, let's calculate the total contribution margin for the year:
Total Contribution Margin = Contribution Margin per unit x Number of units sold
Total Contribution Margin = $68 x 10,000 = $680,000
Now, we can prepare the contribution margin income statement for Zhao Company:
Zhao Company Contribution Margin Income Statement
For the Year Ended December 31
Sales revenue (10,000 units x $193 per unit) $1,930,000
Variable costs (10,000 units x $125 per unit) $1,250,000
Contribution margin $680,000
Fixed costs $469,200
Net Income $210,800
In conclusion, preparing a contribution margin income statement helps us understand the financial performance of a company by focusing on the contribution margin generated by its products. By analyzing the contribution margin, we can determine the profitability of the company and make informed decisions about its future operations.
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Related Questions
. Which part of the online job application was easiest for you to complete? Which section was the most difficult? Give at least one example of work experience, education, or special skills that you included in the application.
Answers
Answer:
Easy & difficult part of online job application, things mentioned.
Explanation:
Part of online job application easiest to complete - Time & Place Flexibility, Less scope of inaccuracies
Difficult section - Lack of physical interaction with the organisation can make someone lack crucial information regarding organisation's favourable & unfavourable criterias, preferences.
Work experience, special skills included in application (consecutively) - Internships with prestigous organisations, Public communication & leadership skills (consecutively)
According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?
Answers
Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.
When investors doubt the creditworthiness of a borrower.
Answers
Answer:
Prices go down, yield go up
If interest rates rise above 8% and if the investor decides to sell it bond's price will fall as it makes bond unattractive as compare to other higher interest paying bonds/ instruments.
"credit to expert sanchitasing"
Explanation:
Answer:
Brainliest pls
Explanation:
Prices go down, yield goes up
As we know that there is an opposite relationship between the price of the bond and the yield which means if the creditworthiness comes into doubt so it reduced the price of the bond and at the same time it increased the yield
So as per the given situation as the investor doubt the borrower's creditworthiness so the price would fall and yield would go up
hence, the same is to be considered
Which resource can you use to view businesses or suppliers divided into different categories?
You may use online or offline _________
to view businesses or suppliers classified into different categories.
Answers
Answer:
yellow pages
Explanation:
It's "Yellow Pages" :)
I got it right on plato <3
A tornado that destroys a factory would be consided to be an example of a(n)?
Answers
A tornado that destroys a factory would be consided to be an example of an economic loss.
Tornadoes generally result in significant economic losses that are classified as direct losses or indirect losses.
Direct losses are the result of the destruction of assets and the resulting decrease in value of the asset and/or the lost income as a result of destroyed assets.
Indirect losses relate to the wider impact and include all the loss of production and sales, increased commute times, increased transportation costs, as well as decreased tourist activity.
Despite the economic devastation, tornadoes can act as economic stimuli, through rebuilding efforts, the inflow of insurance money and disaster-relief funds, and improvements in the labor market.
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b) They hire a new employee and after orientation, they collect the person's state
ID, social security number, and other important documents. At this point, what
responsibility do the two friends have as it pertains to regulation? Which guidelines
does this correspond with? (2 points)
Answers
Based on the given information, The guidelines do correspond with General Data Protection Regulation highlighting personal information.
As the context seems incomplete the answer is written in generalise manner.
When new employees start working for a firm, their personal information and other sensitive data must be collected and stored in accordance with numerous requirements to preserve their privacy and security.
The General Data Protection Regulation (GDPR), is a comprehensive data protection law that applies to firms operating in the European Union (EU) and the European Economic Area (EEA).
The GDPR requires businesses to seek explicit consent from individuals before collecting and processing their personal information, as well as to adopt sufficient technical and organizational safeguards to secure that data from unauthorized access or disclosure.
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In at least 150 words, analyze the relationships of users and participants in marketing research projects. Examine each group that makes up the structure of the marketin
Answers
Answer:
Financial markets offer some solace
Explanation:
Financial markets offer some solace: After tumbling the most in more than two months on Wednesday in the wake of the April consumer price data, the S&P 500 Index jumped on Thursday and Friday. Bond yields also retreated after a surge, suggesting no big fear of breakout inflation.#accelerationism
This graph compares the cost of an education at different institutions in Texas.
A graph titled The Cost of Tuition in Texas from 2012 to 2013 has type of school on the x-axis, and yearly cost in thousands of dollars on the y-axis. Public 4-year university is about 7,000, and private 4-year is 23,000. Public community college is 2,000, and private community college is 9,000. Technical school is 4,000.
This graph demonstrates that
private universities can cost three times as much to attend as public universities.
public universities can cost three times as much to attend as private universities.
community colleges can cost five times as much to attend as technical schools.
technical schools can cost five times as much to attend as community colleges.
Answers
Answer:
private universities can cost three times as much to attend as public universities.
Explanation:
Private universities are more expensive to attend compared to public universities. As per the graph, the public university is cost 7,000 while private university costs 23,000 to attend. It is then correct to say that private universities cost more than three times as public universities ( 23,000/7,000= 3.29).
Community college costs 9000, while technical schools cost 4000; the cost is not five times more.
Technical schools 4,000 and community colleges are 9000; the costs are only two and a half more.
The graph is a pictorial representation of the data given.
The graph shows the relationship between two quantities whether it is linear or inversely proportional etc.
The given graph depicts that:
Private universities can cost three times as much to attend as public universities.
The given data tells that
Costsa)Public b) Private
University 7000 23000
College 2000 9000
Dividing b by a gives
23000/7000=3.286
9000/200= 4.5
Choice b public universities can cost three times as much to attend as private universities is incorrect.
Choice c community colleges can cost five times as much to attend as technical schools is also incorrect.
Choice d technical schools can cost five times as much to attend as community colleges is incorrect as well.
The best answer from the given choices is option a: private universities can cost three times as much to attend as public universities.
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HOSA and SkillsUSA-VICA are examples of what type of organization?
answer choices
O professional organizations
O Student organizations
O community organizations
O civic organizations
Answers
HOSA and SkillsUSA-VICA are examples of student organizations. Here option B is the correct answer.
HOSA (Health Occupation Students of America) and SkillsUSA-VICA (formerly known as Vocational Industrial Clubs of America) are student organizations that provide career and technical education students with opportunities to develop leadership, technical, and employability skills.
They are both student-led organizations that focus on preparing students for careers in the health sciences, technical and professional fields, and other areas of the workforce.
They organize competitions, and conferences, and provide professional development opportunities for students. These organizations are often found in high schools, vocational schools, and colleges. Professional organizations are groups of professionals in a specific field who come together to share knowledge, and resources and advocate for their profession.
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outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
What seems to be the issue for young adults and financial literacy? Explain why.
Answers
Hawaiian food would be an example of what type of cuisine?
A
Classic cuisine
B
Regional cuisine
С
Nouvelle cuisine
D
National cuisine
Answers
Hope it helps
Pls mark as brainlist
Nouvelle cuisine is the type of cuisine. As it is an example of Hawaiian food. Hence, option C is correct.
What is Nouvelle cuisine?Nouvelle cuisine, which translates to "new cuisine," is a diverse international cooking style that first appeared in France in the 1960s and 1970s. It emphasized freshness, lightness, and clarity of flavour while also influencing new culinary trends across the globe.
Roger Verge, a pioneer of nouvelle cuisine, developed a Provençal cuisine he named "the meal of the sun" at his renowned restaurant Le Moulin de Mougins near Cannes, France. On Friday, Roger Verge passed away in his Mougins residence.
Nouvelle cuisine is still relevant today. Many chefs throughout the world are advocating the idea of using the freshest and locally produced ingredients, stressing plating as well, to obtain a good explosion of flavour in every dish.
Thus, option C is correct.
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Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or nondiversified business. concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.
Answers
Answer:
concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.
Explanation:
Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or non diversified business. co
so whos gonna help me with my family and consumer science finals :/
Answers
according to the nhtsa, the total cost of motor vehicle crashes in year 2010 alone was about
Answers
Answer: $242 billion
Explanation:
According to the National Highway Traffic Safety Administration (NHTSA), the total cost of motor vehicle crashes in the year 2010 alone was estimated to be about $242 billion. This figure takes into account various factors, including medical expenses, property damage, lost productivity, legal costs, and the impact on quality of life for those involved in the crashes. Motor vehicle crashes impose a significant economic burden on society, and these costs highlight the importance of promoting road safety measures and reducing the occurrence of accidents.
The NHTSA's estimation of the total cost of motor vehicle crashes reflects the extensive impact these incidents have on both individuals and society as a whole. The costs encompass not only immediate expenses such as medical treatments and vehicle repairs but also long-term consequences like disability, reduced productivity, and the emotional toll on victims and their families. Furthermore, the financial impact extends beyond the individuals directly involved in the crashes, affecting insurance companies, healthcare providers, and the overall economy.
These staggering costs underscore the need for ongoing efforts to improve road safety through various means, including education, enforcement of traffic laws, vehicle safety enhancements, and infrastructure improvements. By reducing the frequency and severity of motor vehicle crashes, society can mitigate the economic and human costs associated with these incidents and promote safer transportation for everyone.
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NEED HELP!
-The single country with the world's largest GDP is______.
-The member countries of the European Union have about the same GDP as_____.
-Together, these four countries and the European Union have ______ half of the world's total GDP.
.
Answers
Answer:
The single country with the world's largest GDP is the US.The member countries of the European Union have about the same GDP as the US.Together, these four countries and the European Union have more than half of the world's total GDP.✿---✿--❀---❀---✿---✿
hope it helps...
have a great day!!
Jessi has received a loan to start her new bakery. She wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What should Jessi make FIRST to make to make sure to manage her money so that she prioritizes what she needs for her bakery?
buying plan
sales forecast
profit margin
investment
Answers
Since Jessi has received a loan to start her new bakery, and he wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What she should make FIRST to make sure to manage her money so that she prioritizes what she needs for her bakery is a "buying plan" (Option A)
What is the definition of a "Buying Plan"?A buying plan, sometimes known as a buying club, is a sort of plan that obligates a buyer to purchase products on a fixed timetable, to acquire items that a seller may deliver without warning, or to pay membership fees in exchange for the right to purchase at a supposedly discounted price.
Goods planning and procurement is a systematic strategy used by retailers to predict merchandise inventory requirements and negotiate the best terms with suppliers.
Typically, retailers employ a centralized buyer or team of buyers that supervise the chain's purchasing process. They may have additional local or regional merchandise managers that supervise merchandise implementation in stores.
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We _________ afford a new car this year.
should
might
may
can
Answers
Can
We can afford a new car this year.
what is the meaning of business opportunity
Answers
Answer:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business. ... This is different from the sale of an independent business, in which there is no continued relationship required by the seller.
Explanation:
Which career field is likely to experience increased job openings and security over the
next few years? (10 points)
O Retail
O Nursing
O Government
O Manufacturing
Answers
Answer: government
Explanation:
Government is the career field is likely to experience increased job openings and security over the next few years. Hence, option C is correct.
What is Government is the career?Public Sector Employment is "a particular government responsibility or action. A "government job" is widely defined for recruitment purposes as any position in any department or entity that works for the government. Consequently, a position carrying out government business is a government employment ".
Among the job options in the U.S. government are political jobs working for the executive, judicial, and legislative branches of the federal government.
Government employees are employed by the military, the post office, federal law enforcement organizations, and other governmental agencies and departments.
Thus, option C is correct.
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a. How many more people were working in agri-
cultural jobs in the traditional economy than in
the market economy?
Answers
In the traditional economy there were hundreds more people working than in the market economy
The market economy is an economic term characterized by:
A system of economic relations based on sale and exchangeThe state does not play a decisive role and in which decisions are made by each economic entity independentlyA market economy is characterized by private propertyOn the other hand, the traditional economy is characterized by:
They are based on traditional economic activities such as agriculture and harvestingFocuses on survivalHas a reduced economic surplusAccording to the above, in a traditional economic system, more people are working in agriculture than in the market economy because the market economy is based on industrial production and exchange.
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A short-term creditor is primarily interested in the __________ of the borrower.
Answers
Answer:
A short-term creditor is primarily interested in the liquidity of the borrower.
Which document determines the number of shares in a company? a stock prospectus an annual bill of rights a corporate charter an annual report
Answers
Answer: Corporate charter
Explanation:
The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.
When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.
Answer:
The answer is (c) coporate charter
Explanation:
How do the specific goals of interest rate stability and
exchange rate stability differ in importance from the other
specific goals mentioned for central bankers?
Answers
The specific goals of interest rate stability and exchange rate stability differ in importance from other specific goals mentioned for central bankers due to their direct impact on the economy and monetary policy.
Interest rate stability refers to the objective of maintaining stable and predictable interest rates over time. Central banks aim to achieve this goal to provide certainty to businesses and households, encourage investment and lending, and promote overall economic stability. By managing interest rates, central banks can influence borrowing costs, inflation, and economic growth. Exchange rate stability, on the other hand, focuses on maintaining a stable value of a country's currency relative to other currencies. Central banks may intervene in the foreign exchange market to influence exchange rates and prevent excessive fluctuations. Exchange rate stability is crucial for international trade, investment, and economic confidence. It can affect export competitiveness, import costs, and capital flows.While the other specific goals of central bankers, such as price stability, full employment, and financial stability, are also important, interest rate stability and exchange rate stability have unique significance. They directly impact the cost of borrowing, investment decisions, and international trade, making them vital for economic stability and overall monetary policy effectiveness. Central banks carefully balance these goals to achieve their broader objectives of sustainable economic growth and stability.
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~PLEASE HELP~
Why is it important to develop an idea of your potential career cluster now?
Answers
Answer:
It is important for you to get a idea what you would to be in because it is going to help you understand your purpose in life. It is going to help you choose the right college for you.
Explanation:
You own a construction business and need to hire workers to build a house and add one worker at a time to the added contribution of each worker. At what point will you stop hiring workers ? Relate this process to the three stages of production function as you explain your answer .
Answers
In the long run, all inputs are variable, so the marginal product of labor will continue to decline as more workers are added. Eventually, the marginal cost of hiring additional workers will exceed the marginal benefit, and it will no longer be profitable to hire more workers.
In the context of a construction business, you would likely stop hiring workers when the marginal product of labor begins to decline, or when the marginal cost of hiring additional workers exceeds the marginal benefit. This decision would be based on your analysis of the costs and benefits of hiring more workers, and your assessment of the efficiency and productivity of your construction process
Is it valid to apply game theory to the analysis of
organizational strategy in a perfectly competitive market? Why or
why not?
Answers
Yes, game theory can be validly applied to the analysis of organizational strategy in a perfectly competitive market.
Game theory is a mathematical framework used to study strategic decision-making in competitive environments involving multiple participants or players. In a perfectly competitive market, firms are price takers and lack market power, as prices are determined by market forces of demand and supply. Despite this, game theory can still be employed to analyze strategic decisions in such markets.
Firms can utilize game theory to examine strategic interactions between different firms, determine optimal pricing strategies, assess the impact of competitive behaviors, and analyze the effects of new entrants in the market. By applying game theory, organizations can gain insights into the dynamics of strategic interactions and make informed decisions.
In summary, game theory is applicable to the analysis of organizational strategy in a perfectly competitive market, enabling firms to understand and navigate strategic interactions among players and determine the most advantageous courses of action.
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OMARK FOR REVIEW
Question 4 of 40
4. Which is considered a nonjudgmental statement when stopping alcohol service to a guest?
O "I cannot serve you more alcohol because you have had enough. "
O "I'm pretty sure you won't be able to drive home, so I'm not serving you any more drinks. "
O "You seem pretty intoxicated, and I feel that you have had enough to drink tonight. "
O "I'm sorry, but to serve you more alcohol is against the law. "
Answers
Answer:
third optioni
Explanation:
it is not attacking the customer because you are not straightly saying they are intoxicated and you can't just not serve them because they are consuming to much
You click on a job and see that you have a “Connection” at that company. Brainstorm 1-2 steps you might want to take with this connection if you are interested in applying. Explain your reasoning.
Answers
Answer:
make a resume and get an application to apply
Explanation:
If any person are the applying, the job as the scene to the connection of the company as the add-on the reference as the on the resume.
What is job?
The term "job" refers to employment with a certain company. A job is also known as the amount of money that a corporation pays its employees. The employment has provided the opportunity to pursue a career. A job provides financial assistance as well as experience. There are four types of people: producers, builders, thinkers, and improvers.
A person is the need of the job. To search the job are the seen the connection of the company are with the help of the resume to take to apply as the lastly add-on the reference. The reference was the important in the resume to apply for the job are the easily to grab the opportunities.
As a result, a person is to apply for the job.
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Which component of a balance sheet includes a business’s debts, or the money that it owes to creditors for past transactions?
Answers
Answer:
liabilities.
Explanation:
A balance sheet is prepared based on the accounting equation of assets = capital + liabilities.
The liability section is where the debts of the business are recorded. Liabilities represent what the business owes to suppliers and other third parties. They are expressed in monetary value. Liabilities are further subdivided into current and long term liabilities.