Help please! Compute the missing amounts in the contribution income statement shown below:Note: Round "Per Unit" answers to 2 decimal places.Number of units soldCompany ACompany B2,250TotalPer unitTotalPer unitSalesVariable costsContribution marginFixed costsIncome$ 374,100 $ 87.00249,400$ 86,00094,500123,75047,250

Formula and Solutions: Company ANumber of units sold = Sales / Number of units soldNumber of units…

Answered: Compute the missing amounts in the…

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter19: Variable Costing (varcost)

Section: Chapter Questions

Problem 4R: To determine the effect of different levels of production on the company’s income, move to cell B7...

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Similar questions

Warm Hands, a small company based in Prince Edward Island, manufactures and sells two types of lightweight gloves for runners- Warm and Cozy. Current revenue, cost, and unit sales data for the two products appear below: Warm Cozy $15.00 Selling price per pair Variable expenses per pair Number of pairs sold monthly $10.00 $ 2.50 $ 7.50 2,100 units 700 units Fixed expenses are $2,520 per month.
Which of the following types of cost is shown in this table of cost data? Cost per Unit $6,000 3,000 2,000 1,500 b. fixed cost Number of Units C. variable cost d. period cost 1 A WN 2 3 4
Sims Company...
Do not give answer in image
In the cost-volume- profit graph (above), what is represented by the point marked "B"? Question 2 options: Breakeven point Fixed expenses Operating income area Operating loss area
In the cost-volume- profit graph (above), what is represented by the point marked "A"? Question 1 options: Breakeven point Fixed expenses Operating income area Operating loss area
Determine the missing amounts. (Round percentages to O decimal places, e.g. 52%.) Unit Selling Price 1. 2. 3. $ Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio $610 $325 $920 $ SA eTextbook and Media +A $310 $741 39
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CVP computations. Fill in the blanks for each of the following independent cases.
3
Determine the missing amounts in the following table: unit sales price unit varible costs unit contribution margin contribution margin ratio (%) $22 10 10 24 50 25
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