Eastland Corp. had total variable costs of $155,306, total fixed costs of $119,500, and total revenues of $254,600. a. Calculate contribution margin ratio. b. Compute the required sales in dollars to break-even.
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- The controller of Ashton Company prepared the following projected income statement: Sales $97,000 Total variable cost 32,850 Total fixed cost 43,800 Operating income $20,440 Required: Calculate the contribution margin ratio?Sheridan Corp. had total variable costs of $148,200, total fixed costs of $139,200, and total revenues of $285,000. (a1) Calculate contribution margin ratio. 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, $126,000
- Please help fill in the rest of the table on based on Cost-Volume-Profit relationship3. A hardware company has a linear total cost function and has determined that it has a total cost of $13,980 on sales of $6,000. The same company has a total cost of $18,620 on sales of $14,000. The selling price per unit is $1. (a) Determine the revenue, cost, and profit function using q for quantity. (b) What is the fixed cost? (c) What is the variable cost on sales of $60,000? (d) What is the total cost on sales of $60,000? (e) Find the break-even point and break-even dollar volume of sales.Cullumber Corp. had total variable costs of $247,500, total fixed costs of $193,500, and total revenues of $450,000.Compute the required sales in dollars to break even. Required sales $enter the required sales in dollars
- A company has sales of $1,000,000, variable costs of $250,000, and fixed costs of $600,000. Compute the following: 1. Contribution margin ratio. 2. Break-even sales volume. 3. Margin of safety ratio. 4. Net operating income percentage.APPLY THE CONCEPTS: Target income (sales revenue) Another useful method for figuring out the type of performance your company will need to reach a target income is by using sales revenue. Rather than using the number of units, this method uses total sales revenue. In companies for which the total set of goods produced and sold is more varied, this would be the preferred method, as opposed to a business in which only one product is sold. Assume a company has pricing and cost information as follows: Price and Cost Information Amount Selling Price per Unit $30 Variable Cost per Unit $15 Total Fixed Cost $15,000 For the upcoming period, the company wishes to generate operating income of $40,000. Given the cost and pricing structure for the company's product, how much sales revenue must it generate to attain its target income? Step 1: Calculate the contribution margin ratio: The contribution margin ratio is the contribution margin in proportion to the selling price on a per-unit basis.…Pharoah Corp. had total variable costs of $179,400, total fixed costs of $74,400, and total revenues of $260,000.Compute the required sales dollars to break even. Required sales $ enter the required sales in dollars
- From the following data, you are required to calculate- 1)P/V Ratio 2) Break even sales with the help of P/V Ratio Fixed expenses- 90000 variable cost per unit: direct material=Rs.5 direct labour=Rs.2 direct overhead= 100% of direct labour selling price= Rs.12The controller of Pelly Corporation prepared the following projected income statement: Sales - $95,000 Total variable cost $68,400 Contribution margin - $26,600 Total fixed cost - $14,000 Operating Income - $12,600 A) Calculate the contribution margin ratio. B) Calculate the variable cost ratio. C) Calculate the break-even sales revenue for Pelly.Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.)