Keys Spas,Inc Calculate the Contribution Margin for August

question 86

Multiple Choice

Keys Spas,Inc.reports the following information for August: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 740,000 \\\hline \text { Variable Costs } & 230,000 \\\hline \text { Fixed Costs } & 100,000 \\\hline\end{array}$$ Calculate the contribution margin for August.

• A) $130,000
• B) $510,000
• C) $410,000
• D) $640,000

Analyze the economic strategies proposed by Hamilton and their impact on different regions and social groups in the U.S.

Comprehend the significance and outcomes of major treaties and laws passed during the period.

Understand the dynamics of the War of 1812 and its significance to American nationalism and foreign policy.

Appraise the transition of power and its effect on the democracy and republicanism in the U.S.

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Definitions:

Optimal Credit Policy

The credit terms that balance the costs and benefits to the firm, maximizing profitability while minimizing risk.

Accounts Receivable Period

The average number of days it takes a company to collect payments owed by its customers, indicating the efficiency of a company's credit and collections policies.

EOQ Model

Economic Order Quantity Model, a formula used by businesses to determine the optimal quantity to order that minimizes total inventory costs.

Optimal Order Size

The quantity of stock that minimizes both ordering and holding costs in inventory management, often determined by the Economic Order Quantity model.