Question: A product is sold at $30 and its variable cost is $13. What is the variable cost percentage?

A product is sold at $30 and its variable cost is $13. What is the variable cost percentage?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Compute the hydraulic radius for the section shown in Fig. 14.19 if water flows at a depth of 2.0 in. The section is that of a rain gutter for a house. 6 in 3.50 in 2 in 4 in

Q:

13 Part 13 of 5 Required information Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct...

Q:

A product is sold at $80 and its variable cost percentage is 50%. It also has a fixed cost of $500,000. What is the contribution margin per unit? \$ What is the breakeven sales revenue? \$ What is...

Q:

A. Calculate the missing amounts in MVP's Income Statement presented for financial reporting purposes below: MVP, Inc. Income Statement For the Year Ended December 31, 2021 Sales $ 375,000 Cost of...

Q:

A. Calculate the missing amounts in MVP's Income Statement presented for financial reporting purposes below: MVP, Inc. Income Statement For the Year Ended December 31, 2020 Sales $ 375,000 Cost of...

Q:

A product is sold at $20 and its variable cost is $12. What is the variable cost percentage?

Q:

A product is sold at $50 and its variable cost percentage is 50%. It also has a fixed cost of $500,000. What is the breakeven sales unit? No need to use the thousand separator in your

Q:

A product is sold at $60 and its variable cost percentage is 75%. It also has a fixed cost of $500,000. What is the breakeven sales revenue?

Q:

A product is sold at $50 and its variable cost percentage is 50%. It also has a fixed cost of $500,000. What is the breakeven sales revenue? No need to write down the $ sign and thousand separator in...

Q:

Please do part B and C A. Calculate the missing amounts in MUP's Income Statement presented for financial reporting purposes below: MuP. Ine. Additional information: Sales Price per unit: All...

Q:

QUESTION 3 Suppose the price of our brand is $5.00. The average price of other brands in our industry is $4.00. What is our relative price? 1.00 0.80 -1.00 1.25 QUESTION 4 A product is sold for $50...

Q:

What is demand management?

Q:

A coaxial cable has the cross section shown in the figure above. The shaded region is insulated. The regions in which r

Q:

SUBMIT ANSWER 2 1 . [ - 1 Points ] Evaluate the indefinite integral. ( U s e C for the constant o f integration. ) a + b x 4 5 a x + b x 5 2 d x Need Help? Read i t Watch I t SUBMIT ANSWER 2 2 . [ 3...

Q:

Question 12 What volume of 0.742 M Na2CO3 solution contains 44.9 g of Na2CO3? 3.53 103 L 6.41 103 L 0.314 L 0.571 L 1.75 L

Q:

In order to dilute 77.1 mL of 0.778 M HCl to 0.100 M, the volume of water that must be added is 9.91 mL. 67.2 mL. 1.01 103 mL 6 102 mL. 5.23 102 mL.

Q:

Discuss the importance of environmental scanning and explain how the founders of Airbnb scanned the environment before starting their company. NB: Your answer should be a minimum of 500 to a maximum...

Q:

Question 17 What are the smallest whole number coefficients the reactants and products when the following molecular equation is correctly balanced? __NH3(g) +__O2(g) __NO(g) + __H2O(g) 1,1,1,1...

Q:

Describe the type of economic system adopted in South Africa. (4)

Q:

why does maya goldenberg suggest thag we should re - frame the problem of vaccine hesitancy

Q:

Check with the EEOCs website and compile a list of the biggest financial settlements this past year for retaliation claims. About how much was the average claim?

Q:

Why is it important for companies today to make their human resources into a competitive advantage? Explain how HR can contribute to doing this. What are some examples of employers that do this?

Q:

Based on the few facts that you have, what steps could Garden management have taken to protect itself from liability in this matter?