The Safehead Company, which sells hard hats for construction, provided the following data for Years 1 and
Question:
What impact did the changes in sales volume and in sales price have on the contributionmargin?
Transcribed Image Text:
Year 1 Year 2 10,000 Hats $1,500,000 Sales Volume Sales Revenue Variable Costs Contribution Margin 12,000 Hats $1,600,000 1.300,000)1.0 1.300,000) 1050000) $300,000 $450,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 86% (15 reviews)
In thousands Analysis Year 2 Change in Profits from Change in Costs Change in Profits from Cha...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
Question Posted:
Students also viewed these Managerial Accounting questions
-
You have acquired the following data for Years 1 and 2 for Harry's Horseback Rides. Write a short report to Harry's uncle who loaned Harry the money to start this business. Explain the cause of the...
-
The safety requirements for hard hats worn by construction workers and others, established by the American National Standards Institute (ANSI), specify that each of three hats pass the following...
-
What impact would the following changes have on the security market line and therefore on the required return for a given level of risk? (a) An increase in inflationary expectations. (b) Investors...
-
Explain how you solve problems during the implementation of your projects. Does this operate as a formal approach and/or use specific supportive techniques?
-
Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt is 85 basis points (0.85%). Your firm's five-year debt has a coupon rate of 6%. You see that new...
-
Par Corporation acquired a 70 percent interest in Sol Corporation's outstanding voting common stock on January 1, 2011, for $490,000 cash. The stockholders' equity of Sol on this date consisted of...
-
Based on your experiences in college, draw and label a conceptual model that shows the factors that lead to your satisfaction (or dissatisfaction) with a course?
-
Where, if at all, should the following items be classified on a balance sheet? (a) Goods out on approval to customers. (b) Goods in transit that were recently purchased f.o.b. destination. (c) Land...
-
The Lang Corporation has provided the following account balances: Account Amount Cash $25,000 Short-term Investments 5,000 Accounts Receivable 20,000 Supplies 7,000 Long-term Notes Receivable 3,000...
-
Cycle Gear Corporation has incurred the following costs on job W456, an order for 20 special sprockets to be delivered at the end of next month: Direct materials: On April 10, requisition number...
-
Diaz Company prepared a budget last period that called for sales of 14,000 units at a price of $12 each. Variable costs per unit were budgeted to be $5. Fixed costs were budgeted to be $21,000 for...
-
Mason prepared a budget last period that called for sales of 200 units at a price of $100 each. Variable manufacturing costs were budgeted to be $39 per unit, and variable marketing costs were...
-
Suppose the internal nodes of two binary trees, T 1 and T 2 respectively, hold items that satisfy the heap-order property. Describe a method for combining these two trees into a tree T, whose...
-
A tensile member made of AISI 1020 hot-rolled steel is being designed for a car. It must withstand a repeated load of 4200 N and not elongate more than 0.12 mm in its 630-mm length. Use a design...
-
Record transactions of selling company. DO IT ! 5 . 3 ( L 0 3 ) , AP On October 5 , Iresson Company burys merchandise on account from Lasse Company. The selling price of the goods is $ 5 , 0 0 0 ,...
-
A lump of iron of mass 5 . 6 4 3 kg is suspended ( completely immersed ) in a brine solution of density 1 0 8 5 kg m - 3 The volume of the iron is 0 . 0 0 0 7 1 7 m 3 . Calculate the upthrust on the...
-
A beam AB of span 1 2 m is simply supported at its ends is subjected to a point load of 4 0 kN at C at a distance of 4 m from left end. Using moment area method, Compute thedeflection at the point C...
-
The measured resistance force of the automobile moving with a speed corresponding to the Mach number of M = 0,075 is R = 511 Newtons. The weight density of the air is = 1,297 kgf/m3 . given. In the...
-
Name and describe the key problems when measuring perfor-mance across multiple supply chain partners.
-
Consider a closed, rigid tank with a volume of 0.8L, filled with cold water initially at 27C. The tank is filled such that there are no voids (air pockets) within. The initial pressure within the...
-
Problems 5060 do not match the examples in this text, but all the problem-solving techniques necessary to answer these questions have been covered in this text. These problems are designed to test...
-
What is activity-based management (ABM), and what specific management tools are used in ABM?
-
What is activity analysis, and how is it used with cost driver analysis to manage costs?
-
Why are value-added activities defined from a customer viewpoint?
-
Develop a 3-year financial projection for your proposed cancer tele-genetics program . State any and all assumptions you make in creating your estimates. Please consider the following in creating...
-
Lets assume that we have project L, which has a 40% chance of turning out good. The company Raises $7,000, 50% from bondholders demanding a 6% interest rate and 50% from stockholders, which becomes...
-
Please assist in the filling out the above and below table. I have provided all information that has been provided to me. Company Shares Outstanding Latest Share Price MVE Total Debt W d W e a b c =...
Study smarter with the SolutionInn App