Coronado Industries has a contribution margin of $160000 and a contribution margin ratio of 40%. What are the company's total variable costs? O $64000 O $240000 O $400000 O $96000 3 Coronado Industries has a contribution margin of $160000 and a contribution margin ratio of 40%. What are the company's total variable costs? O $64000 O $240000 O $400000 $96000

Coronado Industries has a contribution margin of $160000 and a contribution margin ratio of 40%. What are the company's total variable costs? O $64000 O $240000 O $400000 O $96000 3 Coronado Industries has a contribution margin of $160000 and a contribution margin ratio of 40%. What are the company's total variable costs? O $64000 O $240000 O $400000 $96000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 8EB: Suppose that a company has fixed costs of $11 per unit and variable costs $6 per unit when 11,000...

See similar textbooks

Similar questions

Sheffield has a contribution margin of $378000 and a contribution margin ratio of 30%. How much are total variable costs? $113400 $264600 $882000 $1260000
2. A company provided the following information: Sales Variable costs Fixed costs P500,000 P100,000 P200,000 | Required: A. What is the contribution margin ratio? 500,000 – 100,000 = 400,000 "Contribution Margin" 400,000/500,000 = 0.8 What is the level of sales in amount necessary to generate a profit of P40,000? C. What is the contribution margin ratio if the sales price is increased by 10%? Using the information in part C, what level of sales in amount is necessary to generate a profit of P40,000? D. B.
Answer the attached question
The cost equation of YTS Inc. is y = 35x + 400,000. y is the profit, 35 is the contribution margin per unit, x is the number of units sold, and 400,000 is the total fixed cost. What is the total units to be sold to arrive a profit of 146,000?
What is the answer for number 20?
If sales are $30,000, fixed costs are $10,000, and variable costs are $7,000 what is the contribution margin ratio? O 0.594 O 0.767 O 0.612 0.659
10. Product Cott has sales of P200,000, a contribution margin of 20%, and a margin of safety of P80,000. What is Cott's fixed cost? a. P16,000 b. P24,000 c. P80,000 d. P96,000 e. None of these; answer is
Suppose a ceiling fan manufacturer has the total cost function C(x) = 35x + 1200 and the total revenue function R(x) = 65x. (a) What is the equation of the profit function P(x) for this commodity? P(x) = (b) What is the profit on 20 units? P(20) = Interpret your result. The total costs are less than the revenue. The total costs are more than the revenue. The total costs are exactly the same as the revenue. (c) How many fans must be sold to avoid losing money? fans
Ivanhoe, Inc. developed the following information for its product: Sales price Variable cost Contribution margin Total fixed costs Per Unit (a) $102.00 71.40 $30.60 $1,288,260 Answer the following independent questions. Number of units to be sold How many units must be sold to break even?
5. Herman Corp. has two products, A and B, with the following total sales and total variable costs: Product A Product B P10,000 P30,000 Total Sales P 4,000 P24,000 Total Variable Costs What is the overall contribution margin ratio? 30% 50% 40% 70%
The answer please ?
If variable manufacturing costs are $15 per unit and total fixed manufacturing costs are $200,000, what is the manufacturing cost per unit if: d. 25,000 units are manufactured and the company uses the absorption costing concept? this is the only one i cant get