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Seneca College *

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Accounting

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Nov 24, 2024

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pdf

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10/30/23, 8:14 PM Chapter 4 Post-Class Homework https://www.ameengage.com/mod/quiz/review.php?attempt=4637934&cmid=1260603&page=2 1/2 Dashboard / My courses / [Seneca 09/2023] HTM440NHB - Nardi / CHAPTER 4 - Cost-Volume-Profit Analysis / Chapter 4 Post-Class Homework Question 3 Correct Mark 14.00 out of 14.00 Take me to the text In the following chart, fill in the missing cells for each of the following independent scenarios. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Scenario Revenue Variable Costs Fixed Costs Total Costs Operating Profit CM Ratio Contribution Margin 1 $870 $ 374 $350 $724 $146 57 % $ 496 2 $2,300 $ 897 $ 500 $1,397 $ 903 61.00% $ 1403 3 $ 2200 $792 $ 500 $1,292 $908 64 % $ 1408 4 $940 $ 432 $270 $ 702 $238 54 % $508 Explanation Scenario Revenue Variable Costs Fixed Costs Total Costs Operating Profit CM Ratio Contribution Margin 1 $870 $374 $350 $724 $146 57.00% $496 2 $2,300 $897 $500 $1,397 $903 61.00% $1,403 3 $2,200 $792 $500 $1,292 $908 64.00% $1,408 4 $940 $432 $270 $702 $238 54.00% $508 Correct Marks for this submission: 14.00/14.00.
10/30/23, 8:14 PM Chapter 4 Post-Class Homework https://www.ameengage.com/mod/quiz/review.php?attempt=4637934&cmid=1260603&page=2 2/2
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