August 2018 föllows: Sugar Lips selis three plain donuts sells for $4.00, with total variable cost of $1.80 per dozen. A dozen custard-filled donuts sells for $8.00. with total variable cost of $3.60 per dozen contr argin income statement or Sugar Lips Donuts ozen plain donuts for every dozen custe donuts. A dozen E (Click the icon to view the contribution margin income statement.) Data Table Requirement 1. Calculate the weighted-average contribution margin. (Round all currency amou Plain Filled Total Net Sales Revenue 2$ 125,000 Variable Costs: Cost of Goods Sold $ 32,100 Selling Costs 17,400 Choose from any list or enter any number in the input fields and then click Check Answer. (? 6,750 56,250 Administrative Costs parts remaining Clea Contribution Margin 68,750 Fixed Coste
August 2018 föllows: Sugar Lips selis three plain donuts sells for $4.00, with total variable cost of $1.80 per dozen. A dozen custard-filled donuts sells for $8.00. with total variable cost of $3.60 per dozen contr argin income statement or Sugar Lips Donuts ozen plain donuts for every dozen custe donuts. A dozen E (Click the icon to view the contribution margin income statement.) Data Table Requirement 1. Calculate the weighted-average contribution margin. (Round all currency amou Plain Filled Total Net Sales Revenue 2$ 125,000 Variable Costs: Cost of Goods Sold $ 32,100 Selling Costs 17,400 Choose from any list or enter any number in the input fields and then click Check Answer. (? 6,750 56,250 Administrative Costs parts remaining Clea Contribution Margin 68,750 Fixed Coste
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Question 7. Please fill in the blanks

Transcribed Image Text:The contribution margin income statement of Sugar Lips Donuts for August 2018 follows:
Sugar Lips sells three dozen plain donuts for every dozen custard-filled donuts. A dozen
plain donuts sells for $4.00, with total variable cost of $1.80 per dozen. A dozen custard-filled
donuts sells for $8.00, with total variable cost of $3.60 per dozen.
E (Click the icon to view the contribution margin income statement.)
Data Table
Requirement 1. Calculate the weighted-average contribution margin. (Round all currency amou
Plain
Filled
Total
Net Sales Revenue
$
125,000
Variable Costs:
Cost of Goods Sold
$
32,100
Selling Costs
17,400
Choose from any list or enter any number in the input fields and then click Check Answer.
?
Administrative Costs
6,750
56,250
7
parts
remaining
Clea
Contribution Margin
68,750
Fixed Costs:

Transcribed Image Text:The contribution margin income statement of Sugar Lips Donuts for August 2018 follows:
Sugar Lips sells three dozen plain donuts for every dozen custard-filled donuts. A d
plain donuts sells for $4.00, with total variable cost of $1.80 per dozen. A dozen cus
donuts sells for $8.00, with total variable cost of $3.60 per dozen.
E (Click the icon to view the contribution margin income statement.)
Read t
Data Table
Jemng COSS
T7,400
Contribution margin
Administrative Costs
6,750
56,250
Weighted-average contribution margin per unit
Contribution Margin
68,750
Fixed Costs:
Choose from any list or enter any number in the input fields and then click Check Answer.
Selling Costs
24,750
8,250
33,000
parts
remaining
Administrative Costs
7
Clear All
$
35,750
Operating Income
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