A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 470,000 Sales revenue $ 1,840,000 Variable manufacturing expense $ 943,000 Fixed manufacturing expense $ 232,000 Variable selling and administrative expense $ 355,000 Fixed selling and administrative expense $ 198,000 Net operating income $ 112,000 The company's contribution margin ratio is closest to:

The company's contribution margin ratio is 29.46% OR 29%

Explanation:

Variable manufacturing expense = $943,000

Variable selling and administrative expense = $355,000

Kilograms produced and sold = $470,000

Fixed selling and administrative expense = $198,000

Sales revenue = $1,840,000

Net operating income = $112,000

Total Variable expense = Variable manufacturing + Variable selling

Total Variable expense = $943,000 + $355,000

Total Variable expense = $1,298,000

Now,

Contribution margin = Sales revenue - Total Variable expense

Contribution margin =  $1,840,000 - $1,298,000

Contribution margin =  $542,000

Contribution Margin Ratio = Contribution Margin / Sales revenue

Contribution Margin Ratio = $542,000 / $1,840,000

Contribution Margin Ratio = 29.46% OR 29%

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.