2. Prepare projected Contribution margin-based Income Statement for the fourth quarter of 20Y3 for Denver and Santa Fe Divisions based on the projected data transferred in the Assumption box. Use formula as needed. Do not hardcode. B DO NOT MAKE CHANGES TO ANY LABELS OR TEXT BELOW. ANY CHANGES MADE WILL RESULT IN A LOSS OF POINTS. ASSUMPTIONS 2 Product: Complan Revenue per unit Total Variable Costs of Goods Sold Total Fixed Costs of Goods Sold Total Variable Selling and Administration Expenses Total Fixed Selling and Administration Expenses Quarterly volume of units sold in the fourth quarter 2013 Sales Total Variable costs Contribution margin Total Fixed costs Net income D Denver $30 Santa Fe $30 $900,000 $2,520,000 $1,650,000 $0 $150,000 $200,000 $320,000 $300,000 200,000 200,000 Projected Contribution Margin based Income Statement For Fourth quarter 20Y2 Denver $ Santa Fe $ An
2. Prepare projected Contribution margin-based Income Statement for the fourth quarter of 20Y3 for Denver and Santa Fe Divisions based on the projected data transferred in the Assumption box. Use formula as needed. Do not hardcode. B DO NOT MAKE CHANGES TO ANY LABELS OR TEXT BELOW. ANY CHANGES MADE WILL RESULT IN A LOSS OF POINTS. ASSUMPTIONS 2 Product: Complan Revenue per unit Total Variable Costs of Goods Sold Total Fixed Costs of Goods Sold Total Variable Selling and Administration Expenses Total Fixed Selling and Administration Expenses Quarterly volume of units sold in the fourth quarter 2013 Sales Total Variable costs Contribution margin Total Fixed costs Net income D Denver $30 Santa Fe $30 $900,000 $2,520,000 $1,650,000 $0 $150,000 $200,000 $320,000 $300,000 200,000 200,000 Projected Contribution Margin based Income Statement For Fourth quarter 20Y2 Denver $ Santa Fe $ An
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:2. Prepare projected Contribution margin-based Income Statement for the fourth quarter of
20Y3 for Denver and Santa Fe Divisions based on the projected data transferred in the
Assumption box.
Use formula as needed. Do not hardcode.
Transcribed Image Text:B
DO NOT MAKE CHANGES TO ANY LABELS OR TEXT BELOW. ANY CHANGES MADE WILL RESULT IN A LOSS OF POINTS.
ASSUMPTIONS
2
Product: Complan
Revenue per unit
Total Variable Costs of Goods Sold
Total Fixed Costs of Goods Sold
Total Variable Selling and Administration Expenses
Total Fixed Selling and Administration Expenses
Quarterly volume of units sold in the fourth quarter 2013
Sales
Total Variable costs
Contribution margin
Total Fixed costs
Net income
D
Denver
$30
Santa Fe
$30
$900,000
$2,520,000
$1,650,000
$0
$150,000
$200,000
$320,000
$300,000
200,000
200,000
Projected Contribution Margin based Income Statement
For Fourth quarter 20Y2
Denver
$
Santa Fe
$
An
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