Nizwa Co. has the following information available for December 2019:Total fixed costsOMR 240,000Units sold400Unit selling price of a TV unit OMR 2,000Unit variable costsOMR 500The contribution margin ratio is:Select one:O a. 0.75O b. 600,000Oc 0.25d. None of the answers are correcte. 1,500

The contribution margin is the amount left after subtracting the variable costs from the selling…

Answered: contribution margin ratio

Business

Accounting

contribution margin ratio

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EA: The cost data for Evencoat Paint for the year 2019 is as follows: Using the high-low method, express...

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Nizwa Co. has the following information available for December 2019: Total fixed costs R.O. 240,000 Units sold Unit selling price of a TV unit R.O. 2,000 Unit variable costs 400 R.O. 500 The contribution margin ratio is: Select one: O a. 1,500 O b. 0.25 O c. 600,000 O d. 0.75
Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR 600,000 and fixed expenses were OMR 300,000. What is the contribution margin ratio? Select one: O a. 400,000 Ob.40% Oc 50% Od. 30% Oe. None of the answers are correct
Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR 600,000 and fixed expenses were OMR 300,000. What is the contribution margin ratio? Select one: а. 40% b. 30% C. 50% d. None of the answers are correct e. 400,000
Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR 600,000 and fixed expenses were OMR 300,000. What is the contribution margin ratio? Select one: O a. 40% O b. 50% O c. None of the answers are correct O d. 400,000 O e. 30%
Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR 600,000 and fixed expenses were OMR 300,000. What is the contribution margin per unit? Select one: Oa. 4 O b. 400,000 O c. None of the answers are correct O d. 40% Oe. 8
Muscat Pharmacy had sales of RO 1,000,000 (50,000 units) for 2019. The variable expenses were RO 600,000 and fixed expenses were RO 300,000. What is the contribution margin per unit? Select one: O a. None of the answers are correct O b. 400,000 O c. 4 O d. 40% O e. 8
Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,200 units Sales price $75 per unit Variable costs $45 per unit Fixed costs $18,480 (a) Correct answer iconYour answer is correct. What is the contribution margin ratio? Contribution margin ratio Type your answer here 40 % eTextbook and Media Attempts: 2 of 5 used (b) What is the break-even point in dollars? Break-even point
wrt disk company sells its disk for $107 per unit. total fixed cost are $197000 and variable costs are $32 per unit. calculate the number of units to be sold to earn a pretax income of $224500.
Sohar Company has a product with a selling price per unit of OMR 200, the unit variable cost is OMR 110, and the total monthly fixed costs are OMR 300,000. How much is Sohar's contribution margin ratio? Select one: O a. None of the answers are correct Оь. 45% O c. 55% O d. 150% О . 182%
Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2021: Sales quantity Unit selling price Unit variable costs Fixed costs (a) 2,200 barrels $75 per barrel $45 per barrel $18,480 What is the contribution margin ratio? Contribution margin ratio %
Marsh microns produces an product and provides the following information for the year 2019: Margin of Safety =P3,75,000 Total Cost=P3,87,500 Margin of Safery = 15,000 units Break Even Sales=5,000 units Find: Selling price per unit and profit.
Sohar Company has a product with a selling price per unit of OMR 200, the unit variable cost is OMR 110, and the total monthly fixed costs are OMR 300,000. How much is Sohar's contribution margin ratio? Select one: O a. 45% O b. None of the answers are correct O c. 150% O d. 55% O e. 182%