he contribution margin ratio for Martinez Company is 51%, sales were $707,000, and fixed costs were $248,790, what was the operating income? $fill in the blank

Q: Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin…

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

Q: a.  Young Company budgets sales of $1,040,000, fixed costs of $53,800, and variable costs of…

A: Contribution margin refers to the amount that the company earned from selling goods more than its…

Q: Young Company budgets sales of $700,000, fixed costs of $31,500, and variable costs of $140,000.…

A: Answer : a. Contribution margin = Sales - Variable cost  = $700,000 - $140,000 = $560,000…

Q: Compute the contribution margin ratio and fixed costs using the following data.     Sales $ 4,500…

A: Contribution margin ratio is calculated by dividing the contribution margin by sales revenue.…

Q: a.  Coastal Company budgets sales of $870,000, fixed costs of $62,600, and variable costs of…

A: The objective of the first part of the question is to calculate the contribution margin ratio for…

Q: sales are $500,000, variable costs are $200,000, and fixed costs are $240,000, what is the…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is One of the Important Cost…

Q: If sales are $797,000, variable costs are 80% of sales, and operating income is $201,000, what is…

A: Contribution margin is computed by subtracting the variable costs  from sales. Contribution margin…

Q: ! Required information [The following information applies to the questions displayed below.] Hudson…

A: A financial concept known as the "margin of safety" evaluates the level of safety or buffer that a…

Q: 10. Louise Corp. has a contribution margin ratio of 31%, fixed costs of $62,000, and a profit of…

A: Break even point means where there is no profit no loss. Variable cost means the cost which vary…

Q: If the contribution margin ratio for France Company is 32%, sales are $488,000, and fixed costs are…

A: Contribution margin = Sales x contribution margin ratio Operating income = Contribution margin -…

Q: Consider the following information available for Barium Company: Total fixed costs $1,440,000…

A:

Q: Sheridan Corp. had total variable costs of $148,2 (a1) Calculate contribution margin ratio.…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: a. Coastal Company budgets sales of $1,070,000, fixed costs of $55,400, and variable costs of…

A: Income statement is a financial statement that shows profitability, total revenue and total…

Q: If sales are $425,000, variable costs are 62% of sales, and income from operations is $50,000, what…

A: Given: Cost of sales = $ 425,000 Variable cost = 62 % Income = $ 50,000

Q: Calculate the contribution margin of a product for a service company if revenues are $50,000,…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: ryce Co. sales are $895,000, variable costs are $469,200, and operating income is $236,000. The…

A: Contribution margin is the percentage of earnings after variable costs to sales revenue. It is the…

Q: If the contribution margin ratio is 55%, target operating income is $30,000, and the sales revenue…

A: As per the question we know that contribution margin ratio is 55%Contribution margin ratio=…

Q: Sun Corporation has provided the following contribution format income statement. All questions…

A: Margin of safety under the cost volume profit analysis is the difference between the total sales…

Q: If the contribution margin ratio for France Company is 43%, sales are $407,000, and fixed costs are…

A: The contribution margin ratio is computed by dividing the contribution by the sales and multiplying…

Q: The contribution margin ratio of Thronson Corporation's only product is 69%. The company's monthly…

A: Reference: Break-Even And Target Income - principlesofaccounting.com. (2021, October 7).…

Q: Help fill this out

A: We are given that contribution margin ratio is 75% or 0.75 as we need to change it in whole number…

Q: If sales are $30,000, fixed costs are margin ratio? $10,000, and variable costs are $7,000 what is…

A: Contribution Margin Ratio: It represents the money made on each product of the company after…

Q: For a certain company, the cost function for producing x items is C(x)=40x+200, and the revenue…

A: Profit function is the difference between Sales and cost function. P(x) = R(x) - C(x) domain of…

Q: For a table manufacturing company, variable cost is $125.00 per Unit, rent is $2,544.00 per month…

A: Contribution margin is the difference between sales and variable cost that indicates the earning…

Q: A company has sales of $125,000, variable costs of $45,000 and fixed costs of $30,000. The…

A: Given that,  sales = $125000  Variable cost = $45000  Fixed cost = $30000

Q: If the contribution margin ratio for Harrison Company is 38%, sales were $425,000, and fixed costs…

A: Income statement is a financial statement that shows profitability, total revenue and total expenses…

Q: Contribution Margin Ratio a.  Young Company budgets sales of $950,000, fixed costs of $55,600, and…

A: a. Calculation of contribution margin ratio: Therefore, the contribution margin ratio is 74%.…

Q: Company XYZ made total contribution margin of $200,000 and a net income of $150,000. The company…

A: Contribution = Fixed cost + Net profit

Q: a. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of…

A: Contribution margin ratio = (Total contribution/sales) ×100