Business, 28.11.2019 23:31 miahbaby2003p2af1b
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.)
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Business, 21.06.2019 15:30
Should the government be downsized? which functions should be cut back? which ones should be expanded?
Answers: 2
Business, 21.06.2019 22:10
Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)
Answers: 3
Business, 22.06.2019 13:50
Which one of the following statements is true? ddt does not prevent disease from passing from agricultural animals to humans. cost was a major factor in the united states government's decision to ban ddt. many african governments concluded that the potential long-term health effects of ddt were not as serious as the immediate problem of insect control. ddt cannot accumulate in the fat of animals. the ddt ban in the united states has made it very difficult to control agricultural insect pests.
Answers: 3
Business, 22.06.2019 17:10
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
Exercise 19-8 contribution margin format income statement lo p2 polarix is a retailer of atvs (all-t...
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