Contribution Margin Ratio a. Imelda Company budgets sales of S1,800,000, fixed costs of $394,000, and variable costs of $1,116,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) %
Q: For Crane Company, sales is $3000000, fixed expenses are $900000, and the contribution margin ratio…
A: Required sales in dollars to earn a target net income = (Fixed expenses + target net income ) /…
Q: ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false…
A: Answer Formula = Contribution margin = Sales - variable cost / sales
Q: [The following information applies to the questions displayed below] Information for Pueblo Company…
A: Contribution margin ratio is the one which is determined by the entity for the purpose of knowing…
Q: (Target Income + Fixed Cost) Sales Dollars Contribution Margin Ratio + $15,000) Sales Dollars = Step…
A:
Q: Contribution Margin Harry Company sells 40,000 units at $36 per unit. Variable costs are $22.32 per…
A: a. Contribution margin = Sales - variable cost = $36-22.32 = $13.68 Contribution margin ratio =…
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: eBook Show Me How Contribution Margin Ratio a. Imelda Company budgets sales of $1,010,000, fixed…
A: Income statement is a financial statement that shows profitability, total revenue and total…
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: ! Required information [The following information applies to the questions displayed below.] Hudson…
A: A financial concept known as the "margin of safety" evaluates the level of safety or buffer that a…
Q: If sales are $796,000, variable costs are 76% of sales, and income from operations is $230,000, what…
A: Given: Sales=$796000Variable cost =76% of salesIncome from operations=$230000
Q: Required information [The following information applies to the questions displayed below.] Hudson…
A: Lets understand the basics. When target income is given and calculation is needed for determining…
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: A company reports the following information for the single product it manufactures. Sales price…
A: Calculation: Requirement A:Selling price per unit $230Less: Variable cost per…
Q: Required information [The following information applies to the questions displayed below.] Oslo…
A: The answer is in the explanation section below.Explanation:To find the breakeven point in dollar…
Q: Contribution Margin Sally Company sells 24,000 units at $28 per unit. Variable costs are $19.60 per…
A: a. Compute contribution margin ratio.
Q: Contribution Margin Molly Company sells 29,000 units at $39 per unit. Variable costs are $27.30 per…
A: Contribution margin ratio expressed in terms of percentage and shows the difference between sales of…
Q: Annual financial information for a company follows. Contribution Margin Income Statement Sales…
A: Answer:- Relevant Cost:- It is the cost that is different in different alternatives. It is used for…
Q: Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar…
A: Solution Formula- Calculation of variable cost (Per unit) = 1077300 /135000. = $7.98 Per unit.
Q: Contribution Margin Ferrante Company sells 27,000 units at $25 per unit. Variable costs are $16.00…
A: Answer a) Calculation of Contribution Margin ratio Contribution margin ratio = Contribution margin…
Q: [The following information applies to the questions displayed below.] Information for Pueblo Company…
A: Contribution margin ratio is the one which is determined by the entity for the purpose of knowing…
Q: Willie Company sells 30,000 units at $16 per unit. Variable costs are $13.28 per unit, and fixed…
A: Solution a: Contribution margin ratio = CM per unit / Selling price per unit = ($16 - $13.28) / $16…
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: Hudson Company reports the following contribution margin income statement. HUDSON COMPANY…
A: Let's understand the basics.When target income is given and calculation is needed for determining…
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 company sells its products for S80 per unit and has per-unit variable costs of $30. What is the…
A: Contribution margin is the excess of sales price over the direct costs of a product. The…
Q: If the contribution margin on the firm's single product is $2.00 per unit and fixed costs are…
A:
Q: Sally Company sells 25,000 units at $47 per unit. Variable costs are $28.67 per unit, and fixed…
A: Particular $ Sales 47 variable cost -28.67 contribution per unit 18.33 Contribution for…
Q: ! Required information Use the following information for the Exercises below. (Algo) [The following…
A: Under marginal Costing Income is Computed by Deducting Fixed cost from Contribution Margin.…
Q: Pepper Corporation has provided the following contribution format income statement. Assume that the…
A: Solution: Existing contribution margin per unit = Contribution margin / Nos of units sold = $10,000…
Q: Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar…
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…
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: Required information Use the following information for the Exercises below. (Algo) [The following…
A: According to the given question, we need to determine the required figures mentioned in the…
Q: Contribution Margin Sally Company sells 37,000 units at $16 per unit. Variable costs are $10.40 per…
A: (a) contribution margin ratio = unit contribution margin / selling price per unit unit…
Q: ontribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar…
A: Solution:- 1)Calculation of the contribution margin per unit and contribution margin ratio as…
Q: Contribution Margin Sally Company sells 15,000 units at $24 per unit. Variable costs are $20.40 per…
A: Contribution margin ratio = (Contribution Margin per unit/ Selling Price per unit) Contribution…
Q: Contribution Margin Ratio a. Young Company budgets sales of $900,000, fixed costs of $44,600, and…
A: The contribution margin is computed by subtracting the variable cost from the sale revenue. The…
Q: Which company will benefit most from a 15% increase in sales?
A: ParticularsAmount($)Sales$4,000,000Variable Cost (45% of sales)$1,800,000Contribution Margin (Sales…
Q: this information, what is Your Company's Your Company's expected net income when 5,000 units are…
A: Option D Or $26250 Sales (5000 × $20) $100000 Less : Variable Cost (1 - 0.35) × Sales $65000…
Q: Contribution Margin Harry Company sells 32,000 units at $38 per unit. Variable costs are $28.12 per…
A: Contribution Margin: It is defined as the difference between the sales and the variable cost. In…
Q: Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue The controller of Ashton…
A:
Q: If sales are $797,000, variable costs are 69% of sales, and operating income is $206,000, what is…
A: Formula: Contribution margin ratio = [ ( Sales - variable cost ) / Sales ] x 100
Q: If sales are $30,000, fixed costs are margin ratio? $10,000, and variable costs are $7,000 what is…
A: Contribution Margin Ratio: It represents the money made on each product of the company after…
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: Consider the following information from the income statement of Leighton Company: Contribution…
A: Break-even point (BEP): Breakeven is the point where total expenses are equal to total revenue. At…
Q: a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to…
A: Contribution Margin ratio: It is a ratio that measures the contribution margin generated by the…
Q: Required: 1. Compute the amount of total dollar sales. 2. Compute the amount of total variable…
A: The problem the part of cvp analysisIn this the variable costs are those which change with…
Q: Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar…
A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
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- A company has total sales of $1,000,000, variable costs of $500,000, and fixed costs of $200,000. What is the contribution margin ratio?Given the following information, find dollar sales: a. Fixed costs, $60,000; profit, $18,000; sales price per unit, $8.00; variable cost per unit, $5.00 b. Variable rate, .45; profit, $21,578.10; fixed costs, $58,382 c. Sales price per unit, $16.60; profit, $21,220; contribution margin, $9.29; fixed costs, $126,000A company's product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin ratio? A.10% B.40% C. 60% D. 90%
- Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue The controller of Ashton Company prepared the following projected income statement: Sales $88,000 Total variable cost 23,760 Contribution margin $64,240 Total fixed cost 43,800 Operating income $20,440 Required: 1. Calculate the contribution margin ratio. Note: Enter as a percent, rounded to the nearest whole number. fill in the blank 1 % 2. Calculate the variable cost ratio. Note: Enter as a percent, rounded to the nearest whole number.fill in the blank 2 % 3. Calculate the break-even sales revenue for Ashton. Note: Round your answer to the nearest dollar. $fill in the blank 3 4. How could Ashton increase projected operating income without increasing the total sales revenue? Decrease the contribution margin ratioRequired information [The following information applies to the questions displayed below] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9,700 units at $280 each) Variable costs (9,700 units at $210 each) Contribution margin Fixed costs Income 1. Amount of sales 2. Margin of safety 1. Assume Hudson has a target income of $163,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.) $ 2,716,000 2,037,000 679,000 441,000 $ 238,000 %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
- Contribution margin Amon Company sells 180,000 units at $185 per unit. Variable costs are $111 per unit, and fixed costs are $8,175,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio b. Unit contribution margin $ c. Operating income LA % per unitContribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 105,000 units of antibiotic at an average price of $24 each in the coming year. Total variable costs equal $856,800. Total fixed costs equal $8,100,000 Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent. $ What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a whole percent amount.) 2. Calculate the sales revenue needed to break even. Round your answer to the nearest dollar. 3. Calculate the sales revenue needed to achieve a target profit of $240,000. Round your answer to the nearest dollar.If sales are $720,000, variable costs are 58% of sales, and operating income is $68,000, what is the contribution margin? Group of answer choices $302,400 $417,600 42% $234,400
- Contribution Margin Molly Company sells 32,000 units at $39 per unit. Variable costs are $29.25 per unit, and fixed costs are $174,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) $4 per unit c. Operating incomeRequired information [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): $ 10,000 5,500 4,500 2,250 Sales Variable expenses Contribution margin Fixed expenses Net operating income 2,250 2. What is the contribution margin ratio? Contribution margin ratioContribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 145,000 units of antibiotic at an average price of $19 each in the coming year. Total variable costs equal $826,500. Total fixed costs equal $7,900,000. Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent.$______ What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a whole percent amount.) ________ 2. Calculate the sales revenue needed to break even. Round your answer to the nearest dollar.$_______ 3. Calculate the sales revenue needed to achieve a target profit of $230,000. Round your answer to the nearest dollar. $______ 4. What if the average price per unit increased to $20.50? Recalculate the following: a. Contribution margin per unit. Round your answer to the nearest cent. $______ b. Contribution margin ratio. Enter your answer as a…