Question and answer
What is contribution margin
Contribution margin is a cost accounting concept that allows a company to determine the profitability of individual products.
Expert answered|yumdrea|Points 31857|
Question|Asked by QueenQ85
Asked 8/9/2016 8:30:05 PM
Updated 8/9/2016 8:31:36 PM
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This answer has been confirmed as correct and helpful.
Confirmed by vchutkan [8/9/2016 8:31:36 PM]
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Questions asked by QueenQ85
Gross margin is
Question|Asked by QueenQ85
Updated 8/9/2016 8:40:23 PM
1 Answer/Comment
Gross margin is the difference between revenue and cost of goods sold, or COGS, divided by revenue, expressed as a percentage.
Added 8/9/2016 8:40:23 PM
This answer has been confirmed as correct and helpful.
Confirmed by vchutkan [8/9/2016 8:40:58 PM]
Departmental reports are
Weegy: Departmental reports are basically reports that monthly finance reviews and also explains the progressions in the plans of the company. User: A line on the income statement that indicates what a department has left after covering cost of goods sold and direct expenses is (More)
Question|Asked by QueenQ85
Not Answered
Updated 9/16/2017 1:35:56 PM
1 Answer/Comment
A line on the income statement that indicates what a department has left after covering cost of goods sold and direct expenses is the contribution margin.
Added 9/16/2017 1:35:56 PM
This answer has been confirmed as correct and helpful.
Which of the following would not be shown on the statement of retained earnings? A. Purchase of treasury stock B. Appropriations for plant expansion C. Declaration of a stock dividend D. Declaration of a cash dividend
Question|Asked by QueenQ85
Not Answered
Updated 8/9/2016 9:24:14 PM
1 Answer/Comment
Appropriations for plant expansion would not be shown on the statement of retained earnings.
Added 8/9/2016 9:24:14 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/9/2016 9:52:07 PM]
The interest rate specified in the bond indenture is called the _______ rate. A. market B. discount C. contract D. effective
Weegy: The interest rate specified in the bond indenture is called the contract rate. (More)
Question|Asked by QueenQ85
Expert Answered
Updated 8/10/2016 3:05:46 AM
0 Answers/Comments
Direct labor includes the wages of A. an hourly worker producing the product. B. the shop foreman. C. maintenance workers. D. administrators.
Weegy: Direct labor includes the wages of an hourly worker producing the product. (More)
Question
Updated 8/12/2016 11:26:26 AM
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