Company XYZ made total sales revenue of $500,000. The variable manufacturing costs were $135,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $51,000 while the fixed selling and administrative expenses were $10,000. ?($) How much was the total contribution margin 439,000 .a 345,000 .b 314,000 .C None of the given answers .d 365,000 .e

Company XYZ made total sales revenue of $500,000. The variable manufacturing costs were $135,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $51,000 while the fixed selling and administrative expenses were $10,000. ?($) How much was the total contribution margin 439,000 .a 345,000 .b 314,000 .C None of the given answers .d 365,000 .e

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

How do you find the breakeven sales revenue from the picture below?
None
Cullumber Corp. had total variable costs of $224,200, total fixed costs of $139,400, and total revenues of $380,000. Compute the required sales in dollars to break even. Required sales $
At a sales level of $441,000, James Company's gross margin is $15,000 less than its contribution margin, its net operating income is $49,000, and its selling and administrative expenses total $112,400. At this sales level, its contribution margin would be: A. $161,400. B. $392,000. C. $176,400. D. $146,400.
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%
Sheridan Company had the following operating data for the year for its computer division: sales, $700000; contribution margin, $171000; total fixed costs (controllable), $119000; and average total operating assets, $300000. What is the controllable margin for the year? O $171000. O 57%. O $52000. O 17.3%.
At a volume of 20,000 units, Almount Industries reported sales revenues of $1,180,000, variable costs of $360,000, and fixed costs of $352,000. The company's contribution margin per unit is: A. None of the answers is correct. B. $36. C. $28. D. $41. E.$43.
Pharoah Corp. had total variable costs of $179,400, total fixed costs of $74,400, and total revenues of $260,000.Compute the required sales dollars to break even. Required sales $ enter the required sales in dollars
Blossom Corp. had total variable costs of $137,500, total fixed costs of $103,500, and total revenues of $250,000.Compute the required sales in dollars to break even. Required sales $enter the required sales in dollars
Dhapa
Need help with this question
If the contribution margin ratio for Martinez Company is 51%, sales were $707,000, and fixed costs were $248,790, what was the operating income?$fill in the blank 2