Hollis industries produces flash drives for computers, which it sells for $20 each. each flash drive costs $13 of variable costs to make. during april, 1000 drives were sold. fixed costs for march were $2 per unit for a total of $1000 for the month. how much is the contribution margin ratio?

Answers

Answer 1
Given:
Price = $20
Variable Cost = $13
Total number of items sold = 1000

Find: Contribution Margin Ratio

The formula for Contribution Margin Ration is:
(Sales - Variable Expenses)/Sales

Revenue = 20000
Variable Expenses = 13000
Contribution Margin = 7000

(20000-13000)/20000 = 0.35

Hollis Industries Contribution Margin Ratio is 35%
Answer 2
Final answer:

The contribution margin ratio for Hollis Industries is calculated by subtracting the variable cost of making each flash drive from the sales price and then dividing the result by the sales price. It amounts to 35% for Hollis Industries.

Explanation:

The question asks how to calculate the contribution margin ratio for Hollis Industries, which sells flash drives. The contribution margin ratio is calculated by subtracting the variable cost per unit from the sales price per unit and then dividing that number by the sales price per unit.

The sales price per flash drive is $20, and the variable cost per unit is $13. Therefore, the contribution margin per unit is $20 - $13 = $7. To calculate the contribution margin ratio, you divide the contribution margin per unit by the sales price per unit, which would be $7 / $20 = 0.35 or 35%.

Note that the fixed costs mentioned in the question are not used in calculating the contribution margin ratio. Fixed costs are relevant for other analyses, such as determining break-even points or net profit, but not for the ratio itself.


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When creating a business plan, what should be the first thing you do? What order should the parts be created?

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I think the first thing you should determine your purpose of the business,build your vision,and test your business idea

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if the temperature of chilled food deliveries is less than or equal to +5°C and frozen food is not greater than –18°C. Food which is delivered at the wrong temperature must be rejected, i hope this helped!
Final answer:

When considering a delivery of packaged frozen vegetables, factors such as packaging condition, expiration date, and temperature should be taken into account. If there is any damage or signs of defrosting, or if the vegetables are past their expiration date, or arrive at a temperature above freezing, the delivery should be rejected.

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When it comes to packaged frozen vegetables, there are a few factors to consider before accepting or rejecting the delivery. One important aspect is the condition of the packaging. If any signs of damage or defrosting are present, it is a sign that the vegetables may have thawed and refrozen, which can affect their quality and safety. Another factor to consider is the expiration date. If the vegetables are past their expiration date, it is best to reject them as they may no longer be safe to consume. Lastly, check the temperature of the vegetables. If they arrive at a temperature above freezing (32°F or 0°C), it indicates that they may have been mishandled or thawed during transportation, and it is advisable to reject the delivery.

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What step must be taken before investigators can determine if data tampering has occurred?

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What step must be taken before investigators can determine if data tampering has occurred? Make sure there are enough resources for them to collect evidence on the matter. There must be evidence and resources that the FDA can collect information from to make sure tampering happened. 

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Answering questions such as, "what will you do differently on the next project based on your experience working on this project?" is part of a lessons-learned report. After you complete a project, it is often a requirement to reflect on what you did well and what you would change in the future. Most of the time things don't go directly as planned and hiccups happen throughout the life of the project. When you reflect you are able to openly share what you learned from your experiences. 

When you go on a hunting trip you should leave a hunting plan with someone you trust what infromation should the plan include?

Answers

The hunting plan can conclude where you are going hunting and the numbers to call if you are in danger

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What is hunting?

The term hunting refers to the killing of the wild animals and the birds. Hunting as the profession of the hunter. Hunting as they killed the animals as sale the skin of the countries as the making the products. The hunting is to balance the ecosystem.

The hunting are the shots to as the accurate range. The hunting is the profession of the hunter. A person was the go to the hunting place are the need to the information are how many people to the go for the hunting place and what are the tools are the requirement on this place. It was the basic information to require.

As a result, the basic information was the required.

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They float and ride the ocean current.
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Answers

When employees confront information​ overload, they may resort to​ mentally shutting down. Mentally shutting down refers to someone having to stop thinking and give their brain a rest from all of the information they just received. When too much information is given at a fast, nonstop pace, it's hard to stay focused because the information is going all over.

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I would say that is an alright deal you get prime video and music 
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Explanation:

The text provided appears to be a product listing for a book titled "Bill Nye's History of the United States" on Amazon. When a product is listed as "temporarily out of stock", it indicates that Amazon currently does not have any more units of the product in their warehouses, but they expect more to come in. Customers can still 'order now and receive the item when it becomes available. There is also a suggestion to try the Kindle edition instead of waiting for a physical copy. 'Free shipping for prime members', means that Amazon Prime members will not be charged additional shipping fees.

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Answer:

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Answer:

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Tax systems in the U.S. fall into three main categories: Regressive, proportional, and progressive. Two of these systems impact high- and low-income earners differently.

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Mr. Cooper would like to customize his Excel software so his students can create an electronic graph in Excel for their lab reports. Which process would best help the students locate the chart tools options?


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Answers

Mr. Cooper would like to customize his Excel software so his students can create an electronic graph in Excel for their lab reports. Which process would best help the students locate the chart tools options? Adding the Chart Tools options as a main tab. I would add this option versus create a graph template because the tool will allow more customization for the students to have. If they go off of a template, they likely won't know how to edit the graph template and they will all look the same. 

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Which of the following is not tax exempt?
a. the convenience store on the corner
b. your family’s church
c. the homeless shelter in your neighborhood
d. the federal military base near your home

Answers

the convenience store on the corner


Final answer:

The convenience store on the corner is typically not tax-exempt, unlike the other options which have tax-exempt status due to their non-profit or governmental nature. So the correct answer is option A.

Explanation:

The question asks which of the given options is not tax-exempt. A convenience store, a church, a homeless shelter, or a federal military base are given as options. To answer your question, the convenience store on the corner is typically not tax-exempt. While churches, homeless shelters, and federal properties such as military bases often have tax-exempt status due to their non-profit or governmental nature, convenience stores as general business entities are subject to tax.

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Davis is planning to buy a bike. He has the full amount in his bank account. He does not want to pay any interest on his purchase. Which option(s) can Davis use when making the purchase? Use a debit card only. Use a credit card only. Use a debit card, or use a credit card and pay the balance in full when the bill arrives. Use a debit card, or use a credit card and make payments over the next few months.

Answers

Answer:

Use a debit card, or use a credit card and pay the balance in full when the bill arrives.

Explanation:

When you use a debit, the amount of the purchase is directly debited from your checking account, so you don't have to pay any interest. But you can also use a credit card to pay for goods. If you pay your balance in full every single month before the grace period ends, you will not pay any interests.

Answer:

C) ”Use a debit card, or use a credit card and pay the balance in full when the bill arrives.”

Explanation:

In a speech delivered at the grocery manufacturers association conference, michelle obama made this claim: "and we need you not just to tweak around the edges, but to entirely rethink the products that you're offering, the information that you provide about these products, and how you market those products to our children. that starts with revamping or ramping up your efforts to reformulate your products, particularly those aimed at kids, so that they have less fat, salt, and sugar, and more of the nutrients that our kids need." which of these statements shows an acknowledgement of a counterclaim to her position?

Answers

The answer to that question is the third option which states, "And I understand that this is easier said than done. This doesn't happen overnight. We all know that human beings—I, for one, know—are hard-wired to crave sugary, fatty, salty foods. And it is tempting to take advantage of that—to create products that are sweeter, richer, and saltier than ever before."

These statements shows an acknowledgement of a counterclaim to the position of Michelle Obama is her attempt to encourage the producers on capitalizing their policy on such unhealthy food products which are richer, sweeter, and saltier than ever.

What are unhealthy food products?

The term "junk food" is used to characterize unhealthy foods products that are high in calories from sugar and/or fat, as well as sodium, but low in protein, dietary fiber, vitamins, and other essential nutrients.

In short foods with a high calorie count but no nutritional value. Some of the examples are burger, pizza, hot dog, doughnut fast foods, chocolate and sweets, sugary drinks etc.

Therefore the core intention of Michelle Obama behind these statement to encourage & promote healthy food items production for the kids by  the food processing industry giants which has more nutrient value.

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