Hollis industries produces flash drives for computers, which it sells for $20 each. each flash drive requires $13 of variable costs to make. during april, 1,000 drives were sold. fixed costs for march were $2 per unit for a total of $1,000 for the month. how much is the contribution margin ratio?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Hollis industries produces flash drives for computers, which it sells for $20 each. each flash drive requires $13 of variable costs to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
To get his company through some hard economic times, Ben's working hours have just been reduced from 40 hours a week to 33.
Answers (1)
The predetermined manufacturing overhead rate for 2020 was $4.00 per direct labor hour; employees were paid $5.00 per hour. If the estimated direct labor cost was $75,000, what was the estimated manufacturing overhead?
Answers (1)
Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer's website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call);
Answers (1)
The price tag on a golf ball in 1975 read $0.20, and the price tag on a golf ball in 2005 read $2.00. The 1913 was 32.3, and the CPI in 2005 was 191.3. In 1975 dollars, a 1975 golf ball cost $0.20 and a 2003 golu cost a. $0.
Answers (1)
Which of the following is not a way that tobacco products are used? a. eating b. dipping c. chewing d. smoking?
Answers (1)
New Questions in Business
Which of the following is an example of passive income? (1) portfolio income, including interest, dividends, annuities, and royalties (2) income from rental real estate earned by a no real estate professional (3) winnings from gambling (4) state and
Answers (1)
A zoo animal with an infectious disease needs to be If there is no means to keep the animal in.
Answers (1)
According to IFRS, all of the following pieces of information about property, plant, and equipment must be disclosed in a company's financial statements and footnotes except for: a. useful lives. b. acquisition dates. c. amount of disposals
Answers (2)
Although Elton Mayo originally intended to collect data for a traditional scientific management study, his breakthrough research led to further research on the kinds of things that drive employees to successfully meet and exceed productivity goals
Answers (1)
If the 10-year Treasury bond rate is 5.3 % , the inflation premium is 2.8 % , and the maturity-risk premium on 10-year Treasury bonds is 0.
Answers (1)