Blog

Last month, Everest Environmental Services had revenues amounting to $50,000, while direct labor and other variable costs were $25,000 and fixed costs were $20,000. Everest has an income tax rate of 42%. Based on this information, which statement is correct about last month’s results?

What is the weighted average contribution margin (WACM) per unit?

Lauren launched her online boutique at the beginning of last year and would like to review her performance so far. She gathered the following information:She would like to use data analytics to evaluate her year. What is the highest net income percentage for the months listed?

Increasing fixed costs and assuming no other changes will have what impact on a company’s degree of operating leverage (DOL)?

The calculation of break-even in units is determined by dividing

Craftsman has the following production information available regarding its lawn mowers:​Riding MowerSelf-Propelled Push MowerUnit Contribution Margin$500$275Production MachineHours per Mower10 hours5 hoursIf Craftsman currently has only 900 machine hours available per month for mower production, which of the two lawn mowers, Riding Mower and/or Self-Propelled Push Mower, should Craftsman produce to maximize net income (assuming all mowers produced can be sold)?

A speaker’s ethical obligations decrease as the size of the audience decreases.

As more users engage in online activity, more data circulates and more information is collected by outside entities. In the United States, there are laws that govern the collection of information rather than a single comprehensive policy or agency. Which of the following is an example of a law that governs personal information collection by banks or financial institutions?

Hopalong Hot Dog Stand had the following results last month: Sales revenues were $6,000, variable costs were $3,000, and fixed costs were $1,500 per month. If Hopalong wants to achieve a targeted operating income goal of $3,000 next month, how much in total sales revenue will be required?

The management at Gellar Corp. is compiling data for their data analytics team. Gellar is a factory that produces gummy bear candy, and they are very interested in what changes can be made in the next few years to reduce costs. What specific technique could be utilized to evaluate various scenarios that management may envision happening?