1. atlas corporation sells 100 bicycles during a month. the contribution margin per bicycle is $200. the monthly fixed expenses are $8,000. compute the profit from the sale of 100 bicycles
a. $12,000
b. $10,000
c. $20,000
d. $8,000

2. atlas corporation sells 100 bicycles during a month at a price of $500 per unit. the variable expenses amount to $300 per bicycle. how much does profit increase if it sells one more bicycle?
a. $500
b. $300
c. $200
d. $20,200

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?

What business practice contributed most to andrew carnegie’s ability to form a monopoly?