Business, 21.08.2019 02:10, mcmmonforte
Contribution margin, decision making. wharton men’s clothing’s revenuesand cost data for 2012 are as follows: revenues $500,000cost of goods sold 200,000gross margin = 300,000operating costs: salaries fixed $190,000sales commissions (11% of sales) 55,000depreciation of equipment and fixtures 14,000store rent ($5,000 per month) 60,000other operating costs 35,000 354,000operating income (loss) = $ (54,000)mr. wharton, the owner of the store, is unhappy with the operating results. an analysis of other operating costsreveals that it includes $25,000 variable costs, which vary with sales volume, and $10,000 fixed costs.1. compute the contribution margin of wharton men’s clothing.2. compute the contribution margin percentage.3. mr. wharton estimates that he can increase revenues by 25% by incurring additional advertising costs of$15,000. calculate the impact of the additional advertising costs on operating income.4. what other actions can mr. wharton take to improve operating income?
Answers: 3
Business, 22.06.2019 03:00, avrieell8584
1) u. s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u. s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.
Answers: 2
Business, 22.06.2019 20:50, JasJackson
Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level. refer to the standard normal table for z-values. a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=
Answers: 1
Business, 23.06.2019 08:00, Gbecky122
Using an organization with which you are familiar, identify its corporate culture and the elements of its observable culture. what do you think would need change in order to facilitate innovation? what role would organizational development play in overcoming resistance to change?
Answers: 3
Business, 23.06.2019 16:00, fatherbamboo
What is the difference between a debtor and a creditor?
Answers: 1
Contribution margin, decision making. wharton men’s clothing’s revenuesand cost data for 2012 are as...
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