Duncan had revenues of $770,000 in March Fixed costs in March were $207,900 and profit was $215,600 a What was the contribution margin percentage Contribution Margin b What monthly sales volume (in dollars) would be needed to break even (Do not round intermediate calculations Round final answers t...

Contribution Margin Fixed Cost Profit Contribution Margin Contribution Mar ...

Duncan had revenues of $770,000 in March. Fixed costs in March were $207,900 and profit was...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Construction accounting and financial management

ISBN: 978-0135017111

2nd Edition

Authors: Steven j. Peterson

See More Books

Posted Date: May 08, 2022 07:47 AM

See More Questions

What is the contribution margin ratio? How is it used to calculate the break-even point?
What is the contribution margin ratio? How is it used to calculate the breakeven point?
What are the contribution margin and the contribution margin ratio for the company in Problem 1 if $15,000 of the overhead is considered variable overhead? In Problem 1 A construction company has...
Does the performance of kinross gold cooperation affect the performance S&P/TSX Composite index? Explain why or why not using this graph in brief Kinross Gold Corporation (K.TO) Toronto - Toronto...
Hull Manufacturing Co. must decide whether to purchase or lease a new piece of equipment. The equipment can be leased for $4,000 a year or purchased for $15,000. The lease includes maintenance and...
After reviewing the article below, do you think juveniles should be treated differently than adults by the criminal justice system? How would you support your reason and where did you come up with...
What is the difference between witchcraft and sorcery?
Stanco, Inc., is a decentralized organization with five divisions. The companys Electronics Division produces a variety of electronics items, including an XL5 circuit board. The division (which is...
In addressing the behavior of any of these staff members, is there anything you need to be cautious of from a legal or regulatory perspective?
Scientists have studied how snakes grip and climb ropes. In one study, they found that an important characteristic of a rope is its "compliance"--that is, how easily the rope, while under tension,...
For each molecule below, specify the polarity of the bonds and the overall polarity of the molecule. You must state the polarity of the molecules as well as the bonds. BeCl2 H2O O3
Alarm clock 1 is positioned at $x=-d$ and alarm clock 2 at $x=+d$ in reference frame $\mathrm{A}$. According to a clock in reference frame $\mathrm{A}$, both go off at $t=0$. An observer in...
Angular momentum can be represented as a vector product and interpreted in terms of the rate of change of an area with respect to time. Give a similar interpretation of another vector product:...
What is the internal energy of an electron moving at $0.750 c_{0}$ in the Farth reference frame?
A bullet is fired from a rifle (event 1 ) and then strikes a soda bottle, shattering it (event 2 ). Is there some inertial reference frame in which event 2 precedes event 1 ? If so, does the...
A neutron star has about two times the mass of our Sun but has collapsed to a radius of $10 \mathrm{~km}$. What is the acceleration due to gravity on the surface of this star in terms of the...
Decision Point: Business Objectives As the VP of Global Marketing, what business objective do you want Holden Evan to achieve in Tuatara? Any choice will bring its own challenges and rewards and can...
In what ways does a well-designed enterprise search software vary from popular search engines (e.g., Bing, DuckDuckGo, and Google)?
A manager has up to $190,000 available to invest in new construction equipment for the company. The manager must purchase a new dump truck and does not have a need for a second dump truck. The...
Describe the key relationships that must be maintained between the general ledger and the job cost ledger.
A construction company has total revenues of $1,150,000, total construction costs of $956,000, and general overhead costs of $159,000 for the year. Determine the companys total profit for the year...
Suppose that the random variables $X$ and $Y$ are independent and you know their distributions. Explain why knowing the value of $X$ tells you nothing about the value of $Y$.
Suppose that $X$ denotes the amount of rainfall in your hometown during a randomly selected month and $Y$ denotes the number of children born in Los Angeles during the same month. Are $X$ and...
Suppose that $Y_{1}, \ldots, Y_{n}$ are i.i.d. random variables with a $N(1,4)$ distribution. Sketch the probability density of $\bar{Y}$ when $n=2$. Repeat this for $n=10$ and $n=100$....

Duncan had revenues of $770,000 in March. Fixed costs in March were $207,900 and profit was...

Question:

Expert Answer:

Contribution Margin Fixed Cost Profit Contribution Margin Contribution Mar... View the full answer

Construction accounting and financial management

Students also viewed these accounting questions