Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. meargia plastics is evaluating its plastic bottles

Meargia Plastics is evaluating its plastic bottles division. The accounting manager has come up with...

60.1K

Verified Solution

Question

Accounting

image

Meargia Plastics is evaluating its plastic bottles division. The accounting manager has come up with the following data for the year: contribution margin of $575,000, controllable fixed costs of $230,000, and noncontrollable fixed costs of $57,500. Required: 1. What is the controllable margin? Controllable Margin 2. What is the total contribution by profit center (CPC)? Total contribution by profit center (CPC)

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

When it comes to the Statement of Cash Flow. Why is it important to identify the...

Chemistry
1.2K views

Calculate the solubility of Mn(OH)2 in grams per liter when buffered at pH=7.0, 9.8, 11.8. Assume...

Accounting
1.2K views

Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For its services,...

Biology
1.2K views

Which of the following are the three components of the cell theory?Cells are the basic...

Geometry
1.2K views

8x 12 E B D C 10x 22 13 14 15 16 X MAD mCD...

Algebra
1.2K views

5 2x 4 4x 10 6 4 2x 4x 10

Accounting
1.2K views

Equipment was purchased for $46,400 with an estimated life of 8 years and a residual...

Accounting
1.2K views

Calculate the sales price the company should set in order to earn a 15% return...

Accounting
1.2K views

Multiple Choice - Choose the best option. Clearly label your response in your answer document/file....

Accounting
1.2K views

10-5 The following transactions, adjusting entries, and closing entries were completed by Legacy Furniture Co....

Accounting
1.2K views

Recognizing an expense may be accompanied by which of the following? Multiple Choice ...

Finance
1.2K views

Thishy Contration Bedsheets start of the power 335.18, vendar to the end of you, and...