Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ivanhoe corp. had total variable costs of $120,400

Ivanhoe Corp. had total variable costs of $120,400, total fixed costs of $101,200, and total...

60.1K

Verified Solution

Question

Accounting

Ivanhoe Corp. had total variable costs of $120,400, total fixed costs of $101,200, and total revenues of $215,000.

(a1)

Calculate contribution margin ratio.

Contribution margin ratio

enter the contribution margin ratio in percentages

 %

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider the formation of solid Ba(IO 3 ) 2 from the mixing of 7.5mg of barium...

Chemistry
Q

Countries policy suggestion about covid-19 : Policy suggestions (Fiscal policies, Monetary policies, Financial regulation policies, Social insurance...

Economics
Q

Reflect on the advertising you encounter while watching a favorite TV show, reading a magazine or...

Psychology
Q

Define neutral stimulus (NS), Unconditioned Stimulus (US or UCS), Unconditioned Response (UR or UCR), Conditioned Stimulus (CS),...

Psychology
Q

Managers at a consumer product company, ABC General, are currently debating how to Set the most...

General Management
Q

26 Given APOR ASTU m P 5x 30j mLQ 7x 35 mLT 4x 12y mzU...

Geometry
Q

In which limits below can we use L Hospital s Rule sin 5x 5x Olim...

Calculus
Q

Solve for x logg4 x O A B C 312 213 32

Algebra
Q

tir A $43,000, three-month, 9% note payable was issued on December 1, 2018. What is...

Accounting
Q

! Required information [The following information applies to the questions displayed below.] On January 1,...

Accounting
Q

Poor segregation of duties can most likely lead to Will not have any impact...

Accounting
Q

Toule Skirt Company had checks outstanding totalling $5,400 on its June bank reconciliation. In July,...

Accounting