Financial information is presented below: Operating expenses $ 40,000 Sales revenue 200,000 Cost of goods sold 150,000 Gross profit would be Group of answer choices $160,000. $ 40,000. $ 50,000. $ 10,000.

Q: Given a selling price of $350 and a gross profit mark-up of 40%, the cost price would be A $100 B…

A: We have the following information: Selling Price: $350 Gross profit mark-up: 40%

Q: Miracle Green Corporation operates two garden supply stores: and B. The following information…

A: The contribution Margin is calculated as difference between sales and variable cost. The segment…

Q: Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR…

A: Contribution margin measures the growth of the company based on a particular good or service.

Q: Total Sales revenue (30,000 units) $750,000 Variable costs 450,000 Contribution margin 300,000 Fixed…

A: Contribution margin ratio shows the percentage amount of contribution earned on given sales. It is…

Q: I need help with this question. Please show work, thank you! If net sales are $400,000 cost of goods…

A: The term" cost of goods sold"( COGS) describes the escalation of fund charges a business incurs when…

Q: If a business had sales of $4,316,000 and a margin of safety of 20%, the break-even point was Oa.…

A: Total sales = Margin of Safety + Break even point Break even point : At break even point, there is…

Q: n income statement for Howell Company: Sales $600,000 Variable costs (150,000) Contribution margin…

A: Margin of safety is the excess sales over break even sales. Margin of Safety = Actual Sales Revenue…

Q: Current Attempt in Progress Tamarisk Manufacturing has net sales of $160000, cost of goods sold of…

A: Gross Profit - Gross Profit is a Profit Earned by the company from the sales made. This is the…

Q: e margin g income $750,000 $300,000 $170,000 s the company's margin of safety in dollars? e Choice

A: $425,000Margin of safety= $425,000Margin of safety= current sales- Break-even salesMargin of safety=…

Q: Cottonwoods cvp income statement included sales of 5,000units , a selling price of $100 , variable…

A: Income statement is one of the financial statements that shows profitability, total revenue and…

Q: For Kosko Company, actual sales are $ 1,200,000 and break-even sales are $ 960,000 Compute (a) the…

A: Margin of safety sales are those sales over and above break even sales. At break even point fixed…

Q: Total Sales: $60,000 Price per unit: $10 Estimated order cost: $25 per order Inventory Cost: $0.70…

A: Optimum order size is order quantity at which both ordering and carrying costs are minimum

Q: If Pluto Company sold 3000 units at sales price of SR45. The variable cost per unit is SR25.…

A: Introduction: Contribution margin per unit: Deduction of all variable costs from the sales price…

Q: Lantern Company is thinking of discontinuing product line F because it is reporting an operating…

A: Introduction:- Lantern company discontinuing product line F It is operating loss is $9,000…

Q: If a business had sales of $4,219,000 and a margin of safety of 20%, the break-even point was Oa.…

A: Explanation:   Margin of safety will be  formula = Actual sales - Break even point  Sales…

Q: Schister Systems uses the following data in Its Cost-Volume-Profit analyses: Total $ 400,000 220,000…

A: Lets understand the basics.Contribution margin is a margin generated on sales. It is calculated by…

Q: Operating Profit?

A: Operating profits are profits that are earned by the company from its major business activities…

Q: A company provided the following results from It's operations: Total Sales $400,000 Variable…

A: Lets understand the basics. Contribution margin is a margin generated from sales. Contribution…

Q: The following information has been provided by the Giant Panda Stores, Inc., for the first quarter…

A: Contribution Margin                          The contribution margin can be expressed in either…

Q: If the gross profit margin is 20% and the cost of goods sold is $120,000, what is the amount of…

A: Gross profit is the profit which a business has earned when the cost of goods sold is deducted from…

Q: what is total contribution if sales volume

A: The contribution margin is used in the variable costing method.The contribution margin is the amount…

Q: Arm’s CVP income statement included sales of 4,000 units, a selling price of $100, variable expenses…

A: Income statement: This statement showing that the firm’s revenue and expenses over a specified…

Q: The overhead expenses for a pharmacy was calculated to be $2,128,000.00. If the pharmacy’s income is…

A: A ratio that helps to evaluate how much portions of the sales revenue of a company turns in the…

Q: If a business had sales of $3,510,000 and a margin of safety of 20%, the break-even point was Oa.…

A: Formulas: Margin of Safety = (Sales - Break even Sales) / Sales

Q: 6. Below is selected financial data for Sims Company. Sales of these $1,000,000 Variable Costs pie…

A: The operating leverage is the measure which shows the growth in operating leverage due to the growth…

Q: 40. Jupiter Inc. reports the following information for August: Sale revenue.........…

A: Given, Sales revenue = $800,000 Variable costs = $200,000

Q: Need help with this question

A: Step 1: Introduction to the Gross ProfitThe gross profit is the surplus of sales revenue over the…

Q: Sales revenue (6,000 units)                                    $150,000 Cost of goods sold:…

A: Total Contribution Margin = Sales - All Variable Cost

Q: A company's contribution margin income statement showed net operating income of $9,000 and fixed…

A: Net operating income = $9,000Fixed expenses = $20,000

Q: Determine the missing amounts. 1. 2. 3. LA $ Unit Selling Price $600 $250 (e) $ LA LA Unit Variable…

A: Unit contribution margin :— It is the difference between unit selling price and unit variable cost.…

Q: Information for Duncan Corporation is shown below:   20X1 Net Income ₱   400,000    Average…

A: Sales margin = Net income / sales revenue where, Net Income = Total revenue - Total expenses

Q: 5. Pong Incorporated's income statement for the most recent month is given below. Total $150,000…

A: Net Operating Income: Net operating income (NOI) decides an element's or alternately property's…

Q: Table Cost.12: Amount Interest Rates Loan #1 = $28,000 2.40% Loan #2 = $40,000 2.50% Owner's Last…

A: INCOME STATEMENT Income Statement is one of the Important Financial Statement of the Company. Income…

Q: 1. $ 2. AWN - 3. Sales Revenue Variable Expenses 4. 415,000 $ 150,000 336,000 55,000 83,000 117,000…

A: The break even sales are calculated as fixed costs divided by contribution Margin Ratio. The…

Q: If a business had sales of $3,886,000 and a margin of safety of 20%, the break-even point was O a. O…

A: Break even point :— It is the point of production where total cost is equal to total revenue. At…

Q: If a business had sales of $3,632,000 and a margin of safety of 20%, the break-even point was Oa.…

A: Breakeven is the point in the cost volume and profit analysis at which an entity is in a situation…

Q: Total sales amount to $2,000,000 Food generates 75% of total sales Food cost is $500,000…

A: Contribution margin is the revenue left after deducting all variable manufacturing expenses from the…

Q: Copr. Goed Uplift, Inc. reported the following financial data for the segmented income statements:…

A: There are three types of expenses variable expense, fixed expenses and semi variable…

Q: Given that: Sales = $200,000,000 %3D Transportation cost $12,000,000 Warehousing cost = $3,000,000…

A: Total operating cost: All the costs that would incur in the maintenance and the administration of…

Q: D.Insert a column called percentage contribution in an appropriate area of the spreadsheet, to…

A: The incentives are based upon the fact which has been set by the company and based upon that…

Q: Need answer of this Question with explanation

A: Definition of Gross Profit:Gross profit is the financial metric that represents the difference…

Q: Gross Sales increases by 2% in year 2, 4% in year 3, 6% in year 4, and 8% in year 5. The Gross…

A: Gross profit is 40% of sales Cost of sales is 60% of sake Or saleem gross profit Operating expenses…