Questions
Please format answer into a table Calculate gross sales, variable costs, and gross margin (profit) for...

Please format answer into a table

  1. Calculate gross sales, variable costs, and gross margin (profit) for each product and for an entire company.
  2. Calculate break-even sales dollars for a company.
  3. Determine the relevant cash flows for a planned asset purchase.

    Madison Company produces four lines of accessories for major U.S. combine manufacturers. The lines are known by the code letters A, B, C, and D. The current sales mix for Madison Company and the contribution margin ratio for these product lines are as follows:

    Product Line Percentage of Total Sales Contribution Margin Ratio
    A 23.67 % 36.00 %
    B 39.33 % 42.00 %
    C 21.67 % 24.00 %
    D 15.33 % 56.00 %

    Assume total sales for next year are forecast to be $3,500,000 and total fixed costs will be $525,000.

  4. Prepare a table showing the values for sales, total variable costs, and the contribution margin (gross profit) associated with each product line and the company as a whole. (15 points total – one point per table value)
  5. Calculate break-even sales dollars for the Madison Company. (2 points)

In: Finance

Based on your independent knowledge of various issues related to health insurance coverage in the U.S....

Based on your independent knowledge of various issues related to health insurance coverage in the U.S. (news articles, etc), what do you believe are the biggest challenges facing the current U.S. healthcare delivery system?

In: Operations Management

A U.S. labor economist interviews 581 workers and finds that the mean number of hours they...

A U.S. labor economist interviews 581 workers and finds that the mean number of hours they worked in the last week was 36.9 with a standard deviation of 3.6 hours. Make a 95% confidence interval for the mean of all workers in the U.S.

In: Statistics and Probability

Discuss the importance of international business services to total U.S. export trade. How do most U.S....

Discuss the importance of international business services to total U.S. export trade. How do most U.S. service companies become international? Please give some examples.? Please give as much as possible thanks!

In: Economics

Can the MNC apply all of its local taxes as a credit against its U.S. taxes?...

Can the MNC apply all of its local taxes as a credit against its U.S. taxes? If not, which subsidiaries can it use to get a credit against its U.S. taxes. Explain your rationale briefly.

In: Accounting

Describe centralization in health care systems throughout the world, including the U.S. How has the U.S....

Describe centralization in health care systems throughout the world, including the U.S. How has the U.S. moved to greater centralization? What are some of the unintended consequences of this? What are the promises and problems of the Affordable Care Act, in particular?

In: Nursing

Discuss the cross-country evidence of financial development/ structure in relation to economic growth. 1. Mexico vs...

Discuss the cross-country evidence of financial development/ structure in relation to economic growth.

1. Mexico vs Brazil.
2. German vs U.K.
3. German vs U.S.
4. Japan vs U.S.

In: Economics

Describe the progress (or lack thereof) that U.S. accounting standard setting bodies have made toward harmonization...

Describe the progress (or lack thereof) that U.S. accounting standard setting bodies have made toward harmonization of U.S. GAAP with International Financial Reporting Standards. Elaborate on what you think the future holds in this regard.

In: Accounting

The U.S. Department of Agriculture donates $125 million of rice to North Korea. This is recorded...

The U.S. Department of Agriculture donates $125 million of rice to North Korea.

This is recorded on the U.S. balance of payments as

Group of answer choices

Current transfers: credit

Goods: credit

Current transfers: debit

Goods: debit

In: Finance

If it is important to have a "standard" language or dialect in the U.S., who gets...

If it is important to have a "standard" language or dialect in the U.S., who gets to decide what that "standard" is? Is it important to have an official "standard" language or dialect in the U.S.? Why or why not? need 150 words minimum on answering this questions

In: Psychology