Lang Bang Company operates on a contribution margin of 20% and currently has fixed costs of $500,000. Next year, sales are projected to be $3,000,000. An advertising campaign is being evaluated that costs an additional $80,000. How much would sales have to increase to justify the additional expenditure?

An unfavorable sales-volume variance could result from ________.

Assume a 8% required rate of return. What equal annual cash inflows over 6 years will create a net present value of $0 with an initial investment of $1,700,000?   Selected information from the PV tables: PV of $1 n=8, i=6: 0.627 PV of $1 n=6, i=8: 0.630 PV of an Annuity n=8, i=6: 6.210 PV of an Annuity n=6, i=8: 4.623

When deciding whether to discontinue a segment of a business, relevant costs include ________.

Higher energy level for electron – farther electron is from nucleus.

A cause of an unfavorable flexible-budget variance is ________.

Calculate frequency of blue light with wavelength equal 480 nm. (1 m = 1 x 109 nm, c = 3.00 x 108 m/s, c – speed of light)

A regional manager of a restaurant chain in charge of finding additional locations for expansion is most likely responsible for a(n) ________.

Rambo Company has three products, A, B, and C. The following information is available: Product A Product B Product C Sales $60,000 $90,000 $24,000 Variable costs 36,000 48,000 15,000 Contribution margin 24,000 42,000 9,000 Fixed costs: Avoidable 6,000 15,000 4,000 Unavoidable 7,000 9,000 5,400 Operating income $ 11,000 $18,000 $ (400) Rambo Company is thinking of dropping Product C because it is reporting a loss. Assuming Rambo drops Product C and does NOT replace it, operating income will ________.

Opportunity costs is defined as ________.