On what basis does the $20,000 of company fixed expenses appear to be allocated? Calculate the effect on total company net income if the MV12 model were discontinued. Calculate the contribution margin ratio for each model. If an advertising campaign focusing on a single model were to result in an increase of 5,000 units in the quantity of units sold, which model should be advertised? If an advertising campaign focusing on a single model were to result in an increase of $25,000 in revenues, which model should be advertised?

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.