Gibson Manufacturing budgets sales of $3,750,000, fixed costs of $145,800, and variable costs of $975,000. What is the contribution margin ratio for Gibson Manufacturing?
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- What is the contribution margin ratio for yountz company?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?G Company budgets sales of $2,250,000, fixed costs of $62,900, and variable costs of $280,600. What is the contribution margin ratio for G Company?
- If Swannanoa Company's budgeted sales are $800,000, fixed costs are $250,000, and variable costs are $500,000, what is the budgeted contribution margin ratio? If the contribution margin ratio is 35%, sales are $900,000, and fixed costs are $200,000, what is the operating income?helpa. Coastal Company budgets sales of $1,070,000, fixed costs of $55,400, and variable costs of $246,100. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 50%, sales were $517,000, and fixed costs were $204,220, what was the operating income?