Bryce Co. sales are $876,000, variable costs are $469,700, and income from operations is $216,000. What is the contribution margin ratio? Oa. 46.4% Ob. 53.6% Oc. 58.8% Od. 42.1%
Q: Bryce Co. sales are $876,000, variable costs are $469,800, and operating income is $233,000. What is…
A: Contribution margin: Difference between the sales and the variable costs is called contribution…
Q: a. Young Company budgets sales of $1,040,000, fixed costs of $53,800, and variable costs of…
A: Contribution margin refers to the amount that the company earned from selling goods more than its…
Q: For Sheridan Company, sales is $2000000, fixed expenses are $900000, and the contribution margin…
A: Solution: Fixed expenses = $900,000 Target net income = $700,000 Contribution margin ratio = 36%
Q: Bryce Co. sales are $891,000, variable costs are $460,100, and operating income is $203,000. The…
A: The contribution margin ratio =( sales - variable costs) / sales * 100 =($891,000 - $460,100 )/…
Q: Compute the contribution margin ratio and fixed costs using the following data. Sales $ 4,500…
A: Contribution margin ratio is calculated by dividing the contribution margin by sales revenue.…
Q: n income statement for Howell Company: Sales $600,000 Variable costs (150,000) Contribution margin…
A: Margin of safety is the excess sales over break even sales. Margin of Safety = Actual Sales Revenue…
Q: The sales and cost data for two companies in the transportation industry are as follows: X…
A: The margin of safety is defined as the difference between the expected profit and the break-even…
Q: Tucker Co. reports the following data: Line Item Description Amount Sales $911,900 Variable…
A: The objective of the question is to calculate the operating leverage of Tucker Co. Operating…
Q: Operating leverage Haywood Co. reports the following data: Line Item Description Amount Sales…
A: Operating income is a measure used to evaluate the effect of change in revenues on the operating…
Q: bryce Co. sales are $840,000, variable costs are $464,300, and operating income is $269,000. The…
A: Contribution margin = Sales - Variable costs = $840,000 - $464,300 = $375,700
Q: a. Coastal Company budgets sales of $870,000, fixed costs of $62,600, and variable costs of…
A: The objective of the first part of the question is to calculate the contribution margin ratio for…
Q: a. Young Company budgets sales of $710,000, fixed costs of $54,300, and variable costs of $241,400.…
A: The difference between the sales and the variable costs is called the contribution margin.…
Q: If sales are $797,000, variable costs are 80% of sales, and operating income is $201,000, what is…
A: Contribution margin is computed by subtracting the variable costs from sales. Contribution margin…
Q: Bluegill Company sells 16,700 units at $260 per unit. Fixed costs are $217,100, and operating income…
A: Variable costs are those costs which changes directly with change in level of activity. Contribution…
Q: 10. Louise Corp. has a contribution margin ratio of 31%, fixed costs of $62,000, and a profit of…
A: Break even point means where there is no profit no loss. Variable cost means the cost which vary…
Q: Young Company budgets sales of $1,210,000, fixed costs of $68,100, and variable costsof $302,500.…
A: Contribution margin ratio (%)=Contribution marginBudgeted sales×100
Q: If the contribution margin ratio for France Company is 32%, sales are $488,000, and fixed costs are…
A: Contribution margin = Sales x contribution margin ratio Operating income = Contribution margin -…
Q: If sales are $828,000, variable costs are 68% of sales, and operating income is $278,000, what is…
A: solution note Dear student as per the Q&A guideline we are required to answer the first question…
Q: Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $295,300…
A: Leverage analysis is a financial assessment that involves evaluating the impact of fixed costs on a…
Q: Contribution Margin Ratio a. Imelda Company budgets sales of $1,080,000, fixed costs of $82,600, and…
A: Contribution margin = $1,080,000 - $367,200 = $712,800
Q: A market segment has sales of $70,000, variable cost of goods sold of $10,000, variable selling…
A: The objective of this question is to calculate the contribution margin ratio for a market segment…
Q: pplicati... WP WileyPLUS B Bloomberg for Edu... Multiple Choice O O During its most recent fiscal…
A: Formula = sales - variable cost = contribution Variable cost = sales - contribution
Q: 14.if sales are $793,000, variable costs are 73% of sales, and operating income is $204,000, what is…
A: Contribution margin: Difference between the sales and the variable costs is called contribution…
Q: Sales $ 400, eee Variable expenses 260,e00 140, eee Contribution margin Fixed expenses 96,eee Net…
A: Formula: Contribution margin ratio = ( Contribution margin / Sales ) x 100
Q: Below is an income statement for Howell Company: Sales $600,000 Variable costs (150,000)…
A: Margin of safety is determined using the below mentioned formula; Margin of safety = Sales - Break…
Q: Contribution margin ratio a. Coastal Company budgets sales of $1,050,000, fixed costs of $82,700,…
A: Income statement is a financial statement that shows profitability, total revenue and total…
Q: The CVP income statements shown below are available for Blossom Company and Crane Company. Sales…
A: The contribution margin is calculated as the difference between sales and contribution margin. The…
Q: Assume a company reported the following results: Sales $ 400,000 Variable expenses 260,000…
A: Formula: Margin = ( Contribution margin / Sales ) x 100
Q: prepare a contribution income statement with the following: Selling Price Per Unit $45 Variable…
A: Contribution margin income statement: A contribution margin income statement is an income statement…
Q: a. Young Company budgets sales of $1,120,000, fixed costs of $55,400, and variable costs of…
A: Contribution margin = sales - variable costs = $1120000-246400 = $873,600
Q: Snellville Co. reports the following data: Line Item Description Amount Sales $673,800 Variable…
A: The objective of this question is to calculate the operating leverage of Snellville Co. using the…
Q: ryce Co. sales are $895,000, variable costs are $469,200, and operating income is $236,000. The…
A: Contribution margin is the percentage of earnings after variable costs to sales revenue. It is the…
Q: For Concord Corporation at a sales level of 4000 units, sales is $67000, variable expenses total…
A: CVP analysis is considered a decision-making tool that helps management to make strategies and take…
Q: For Coronado Industries, sales revenue is $640000, variable expenses are $371200, and fixed expenses…
A: Contribution margin is the ratio which is determined by the entity by dividing the contribution with…
Q: Contribution Margin Ferrante Company sells 31,000 units at $18 per unit. Variable costs are $10.62…
A: Contribution Margin is difference between sales value and variable cost. It can also be defined as…
Q: If the contribution margin ratio for France Company is 35%, sales are $419,000, and fixed costs are…
A: Contribution=Sale×Contribution margin ratio=$419,000×35%=$146,650
Q: Determine Teague Co.'s operating leverage. Round your answer to one decimal plac
A: Operating leverage is an important concept in finance. It shows the degree to which a firm can…
Q: Bluegill Company sells 16,200 units at $360 per unit. Fixed costs are $291,600, and operating income…
A: Sales volume = 16,200 units. Selling price per unit = $360 per unit Sales revenue = 360 * 16,200 =…
Q: 11) If the contribution margin ratio for France Company is 39%, sales were $473,000, and fixed costs…
A: Given that: Contribution Margin ratio = 39% Sales = $473000 Fixed costs = $95000
Q: Contribution Margin Ratio a. Young Company budgets sales of $900,000, fixed costs of $44,600, and…
A: The contribution margin is computed by subtracting the variable cost from the sale revenue. The…
Q: a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal…
A: Leverage can be commonly measured into 3 kinds, namely Operating Leverage (OL) Financing Leverage…
Q: a. Young Company budgets sales of $1,100,000, fixed costs of $37,100, and variable costs of…
A: Contribution margin: Difference between the sales and the variable costs is called contribution…
Q: Bryce Co. sales are $828,000, variable costs are $460,500, and operating income is $294,000. The…
A: The contribution margin ratio is the difference between sales and variable cost. It indicates the…
Q: Brand Company provides the following information about its single product. Targeted operating income…
A: Contribution margin is an important technique used in the cost volume profit analysis. It is the…
Q: Ferrante Company sells 25,000 units at $44 per unit. Variable costs are $27.72 per unit, and fixed…
A: Unit Contribution margin = Selling price - Unit Variable cost Contribution margin ratio = Unit…
Q: Skywalker Corporation reported the following on their contribution format income statement: Sales…
A: CONTRIBUTION MARGIN REPRESENTS THE DIFFERENCE IN COMPANY'S SALES AND VARIABLE COSTS EXPRESSED AS…
Q: The sales and cost data for two companies in the transportation industry are as follows: X…
A: CVP analysis is used to identify the changes in costs and volume affect a company's operating…
Q: Bluegill Company sells 8,900 units at $320 per unit. Fixed costs are $142,400, and income from…
A: Contribution margin statement: Sales XXXLess: Variable expenses…
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- Bryce Co. sales are $848,000, variable costs are $466,300, and operating income is $229,000. What is the contribution margin ratio? Oa. 60.2% Оb. 55.0% Ос. 40.7% Od. 45.0%Tucker Company reports the following data: Sales $415,400 Variable costs 278,300 Contribution margin $137,100 Fixed costs 112,200 Income from operations $24,900 Determine Tucker Company's operating leverage. Round your answer to one decimal place.fill in the blank 1The single-column CVP income statements shown below are available for Wildhorse Company and Blossom Company, Sales Variable costs Contribution margin Fixed costs Net income Wildhorse Wildhorse Co. Blossom $495,000 239,000 256,000 1000 156,000 $100,000 Blossom Co. Degree of Operating Leverage $495,000 (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.15.) $ 51,000 444,000 344,000 $100,000 (b) Assuming that sales revenue increases by 10% (due to a 10% increase in the number of units sold), prepare a single-plumn CVP income statement for each company. Wildhorse Company $ tA $ Blossom Company
- Teague Co. reports the following data: Sales $489,300 Variable costs 278,900 Contribution margin $210,400 Fixed costs 170,700 Income from operations $39,700 Determine Teague Co.’s operating leverage. Round your answer to one decimal place.fill in the blank 1a. Young Company budgets sales of $960,000, fixed costs of $34,600, and variable costs of $153,600. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 61%, sales were $559,000, and fixed costs were $248,920, what was the operating income?Contribution Margin Sally Company sells 36,000 units at $11 per unit. Variable costs are $7.70 per unit, and fixed costs are $44,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operations
- Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $374,700 $1,056,000 Variable costs 150,300 633,600 Contribution margin $224,400 $422,400 Fixed costs 158,400 246,400 Income from operations $66,000 $176,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place. Beck Inc. Bryant Inc. b. How much would income from operations increase for each company if the sales of each increased by 20%? If required, round answers to nearest whole number. Dollars Percentage Beck Inc. $ % Bryant Inc. $ %Oriole Corp. had total variable costs of $151,250, total fixed costs of $130,500, and total revenues of $275,000. (a1) X Your answer is incorrect. Calculate contribution margin ratio. Contribution margin ratio 81.8 do %Contribution Margin Ratio a. Imelda Company budgets sales of $810,000, fixed costs of $62,000, and variable costs of $275,400. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 62%, sales were $596,000, and fixed costs were $273,440, what was the income from operations?
- Bryce Co. sales are $897,000, variable costs are $468,500, and operating income is $276,000. The contribution margin ratio is Oa. $2.2% Ob. 57.4% Oc. 47.8% Od. 43.5%Contribution margin ratio a. Coastal Company budgets sales of $1,080,000, fixed costs of $38,900, and variable costs of $172,800. What is the contribution margin ratio for Coastal Company?fill in the blank 1 of 1 % b. If the contribution margin ratio for Bushner Company is 42%, sales were $848,000, and fixed costs were $277,800, what was the operating income?fill in the blank 1 of 1$If sales are $797,000, variable costs are 69% of sales, and operating income is $206,000, what is the contribution margin ratio? Oa. 69% Ob. 35% Oc. 65% Od. 31%