Contribution margin ratio a. Coastal Company budgets sales of $1,280,000, fixed costs of $83,500, and variable costs of $371,200. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 66%, sales were $904,000, and fixed costs were $423,610, what was the operating income?
Contribution margin ratio a. Coastal Company budgets sales of $1,280,000, fixed costs of $83,500, and variable costs of $371,200. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 66%, sales were $904,000, and fixed costs were $423,610, what was the operating income?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 9E: Contribution margin ratio Young Company budgets sales of 112,900,000, fixed costs of 25,000,000, and...
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