Business, 16.04.2020 01:46 angela6844
Classy Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $ 50 per passenger. Classy Cruiseline's variable cost of providing the dinner is $ 20 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $ 210 comma 000 per month. The company's relevant range extends to 14 comma 000 monthly passengers. The breakeven sales are 7 comma 000 tickets sold. a. Compute the operating leverage factor when Classy Cruiseline sells 8 comma 750 dinner cruises. b. If volume increases by 9%, by what percentage will operating income increase? c. If volume decreases by 4%, by what percentage will operating income decrease?
Answers: 2
Business, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.
Answers: 3
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 2
Classy Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast o...
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