During its most recent fiscal year, Dover, Inc. had total sales of $3,340,000. Contribution margin amounted to $1,570,000 and pretax income was $505,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?a) $2,075,000.b) $2,835,000.c) $1,265,000.d) $1,065,000.e) $1,770,000.

Answers

Answer 1

Answer:

d) $1,065,000

Explanation:


Related Questions

5. What is one of the main benefits of volunteering with community organizations while you are still in high school?
1) It allows you to put your time to good use.
2) It allows you to experience career related work while making a difference in your community.
3) It helps you get to know new people.
4)You will be paid for your time and give you the benefit of saving money for your career education and training

Answers

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Ur answer is... 4) You will be paid for your time and give you the benefit of saving money for your career education and training

ig this is the best benefit...

thanks Hope it helps.

How is cost of attendance (COA) determined at an institute of higher education?

It's based on tuition so it is calculated from the number of classes you enroll in.

It is the cost of tuition plus taxes.

It is an estimate of tuition fees, room and board, books, supplies and other expenses.

It combines financial aid, what your family can pay, plus tuition and room and board.​

Answers

Answer:

Option C, It is an estimate of tuition fees, room and board, books, supplies and other expenses.

Explanation:

Cost of attendance attendance is the total cos incurred on an individual during an entire academic year by the institute. An institute take into account cost incurred on the following for determining COA-

a)  tuition and fees

b) books and supplies

c) College infrastructure cost inclusive of room and board

d) transportation

e) scholarship etc.

Hence, option C is correct

On January 1, Year 4, Jaffe Co. leased a machine to Pender Co. for 10 years, with $10,000 payments due at the beginning of each year effective at the inception of the lease. The machine cost Jaffe $55,000. The lease is appropriately accounted for as a sales-type lease by Jaffe. The present value of the 10 rent payments over the lease term discounted appropriately at 10% was $67,600. The estimated residual value of the machine at the end of 10 years is equal to the disposal costs. How much interest revenue should Jaffe record from the lease for the year ended December 31, Year 4

Answers

Answer:

$5,760

Explanation:

Calculation to determine How much interest revenue should Jaffe record from the lease for the year ended December 31, Year 4

First step is to calculate the carrying amount

carrying amount=$67,600-$10,000

carrying amount of $57,600

Now let calculate the interest revenue

Interest revenue =$57,600*10%

Interest revenue=$5,760

Therefore How much interest revenue should Jaffe record from the lease for the year ended December 31, Year 4 is $5,760

Explain the impact of effective purchasing on an operation’s cash flow.

Answers

Answer:

Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.

The effective purchasing is very important to a small business.  Purchasing is a key factor for any small business as  it influence the performance at all levels.

When the supplies you purchase for consumption do not meet one's needs they will limit the efficiency of the operations you want to carry out and also cash flow in the organization or business. One must to create the right purchasing procedures and closely handle them.

 

Purchasing systems play an key role in controlling a company's cash outflows this is because they ensure that only the key purchases are made and that they are to be done at good or reasonable prices.

Learn more about Purchasing  from

https://brainly.com/question/5168855

In Hersey and Blanchard's situational theory, job maturity refers to the Select one: a. length of time the employee has been employed with the organization. b. level of the follower's skills and technical knowledge relative to the task being performed. c. follower's relative levels of self-confidence and self-respect. d. age of the employee as compared to the median age of all company employees. e. amount of time a job has been defined within the organization.

Answers

Answer:

b) level of the follower's skills and technical knowledge relative to the task being performed

Explanation:

Hersey-Blanchard Model can be regarded as leadership model which focuses on willingness as well as ability of individual employees. It gives suggestion that there is no single leadership style that is more better than another style, the suggestion stressed that leaders should adjust their styles in regards to those they are leading. It should be noted that In Hersey and Blanchard's situational theory, job maturity refers to the level of the follower's skills and technical knowledge relative to the task being performed

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