Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. payton corp. has sales of $200,000, a contribution

Payton Corp. has sales of $200,000, a contribution margin ratio of 35%, and a target...

70.2K

Verified Solution

Question

Accounting

Payton Corp. has sales of $200,000, a contribution margin ratio of 35%, and a target profit of $40,000. If 10,000 units were sold, what are total variable costs?

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

A Shopping Mall sells trays of eggs of which some are returned because they are defective...

Statistics
Q

Use technology and the given confidence level and sample data to find the confidence interval for...

Basic Math
Q

Convert hexadecimal BEEF to base 2 and 8 using grouping (No mathematics). Please show all work.

Programming
Q

Q3. a) Discuss the factors to be accounted for when specifying connections for structural steel work...

Civil Engineering
Q

Individuals who spend the majority of their day indoors and take no dietary supplements are more...

Medical Sciences
Q

2 The shown set up is released at rest obtain the speed of mass M...

Physics
Q

A company reimburses its sales representatives $150 per day for lodging and meals plus 37...

Basic Math
Q

20 8 e 4x 20 18 Solve for x ex 15e 8 0 19 8pts...

Calculus
Q

Shirley Processing, Incorporated (SPI) makes adhesive tape. The following information on the physical flow of...

Accounting
Q

Forecasting with the Parsimonious Method and Estimating Share Value Using the DCF Model Following are...

Accounting
Q

I completed most of it. Im just stuck on the closing entries, some of the...

Accounting
Q

The accounting guidelines for all countries recommend?

Accounting