ABC Corporation had sales revenue of $180,000 last year with a contribution margin ratio of 0.40. If the operating income was $25,000, what was the total fixed cost?
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What was the total fixed cost ??
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- Last year, Jenson Enterprises earned an operating income of $27,800 with a contribution margin ratio of 0.30. Actual revenue was $250,000. Calculate the total fixed cost. Round your answer to the nearest dollar, if required.What is the company's total contribution margin ?What were the total sales for the year ?
- For its most recent fiscal year, a firm reported that its contribution margin was equal to 60 percent of sales and that its net income amounted to 10 percent of sales. If its fixed costs for the year were P60,000, how much was the margin of safety?What were total sales for the year??Calculate the total fixed cost?
- Correct AnswerIf a company, sold 37,000 units, total sales were $148,000, total variable expenses were $105,080, and fixed expenses were $38,900. What is the company's contribution margin (CM) ratio? What is the estimated change in the companys net operating income if it can increase sales volum by 525 units and total sales by $2,100. Contribution margin ratio ___________________% Estimated change in net operating income ___________________%What was the income from operations?