A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000Sales revenue$2,132,000Variable manufacturing expense$650,000Fixed manufacturing expense$464,000Variable selling and administrative expense$260,000Fixed selling and administrative expense$312,000Net operating income$446,000The company's contribution margin ratio is closest to:
A. 57.3%
B. 45.8%
C. 21.0%
D. 42.7%
Answer: A
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Consider a supply chain where a manufacturer sells to a distributor who sells to a wholesaler who sells to a retailer. Last year, the retailer's weekly variance of demand was 4000 units
The weekly variance of orders was 5000; 8000; 12,000; and 17,000 units for the retailer, wholesaler, distributor, and manufacturer, respectively. (Note that the variance of orders equals the variance of demand for that firm's supplier.) (a) Calculate the bullwhip measure for the retailer. (b) Calculate the bullwhip measure for the wholesaler. (c) Calculate the bullwhip measure for the distributor. (d) Calculate the bullwhip measure for the manufacturer. (e) Which firm appears to be contributing the most to the bullwhip effect in this supply chain?
A company made the following merchandise purchases and sales during the month of May: May 1Purchased380 units at$15 eachMay 5Purchased270 units at$17 eachMay 10Sold400 units at$50 eachMay 20Purchased300 units at$22 eachMay 25Sold400 units at$50 eachThere was no beginning inventory. If the company uses the periodic FIFO inventory method, what would be the cost of the ending inventory?
What will be an ideal response?
Federal lands are exempt from real property taxes
Indicate whether the statement is true or false
When an agency issues a substantive rule, it is generally required by the APA to:
a. interview all parties who will be affected by the regulation before it issues a final order b. inform the President of the proposed rule c. receive the approval of both houses of Congress before it issues a final order d. all of the other specific choices e. none of the other choices