If the contribution margin ratio for France Company is 32%, sales are $488,000, and fixed costs are $110,000, the operating income is Oa. Si10,000 Ob. $46,160 Oc. 536,928 Od. S156,160

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: Robinson Products Company has two service departments (S1 and S2) and two production departments (P1…

A: Lets understand the basics.In direct allocation, allocation of service department cost is made…

Q: Bryce Co. sales are $891,000, variable costs are $460,100, and operating income is $203,000. The…

A: The contribution margin ratio =( sales - variable costs) / sales * 100 =($891,000 - $460,100 )/…

Q: The February contribution format income statement of Tipton Corporation appears below: Sales.…

A: Solution: Contribution margin = $115,200 Net operating income = $31,100 Degree of operating leverage…

Q: Assume a company reported the following results: $ 400, 000 260,000 Sales Variable expenses…

A: The return on investment is calculated as net income divided by average operating assets.

Q: Company X requires sales of $2,042,000 to achieve its target net income. Contribution margin ratio…

A: Net income is the difference between contribution margin and fixed costs. Contribution margin 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: Tucker Co. reports the following data: Line Item Description Amount Sales $911,900  Variable…

A: The objective of the question is to calculate the operating leverage of Tucker Co. Operating…

Q: bryce Co. sales are $840,000, variable costs are $464,300, and operating income is $269,000. The…

A: Contribution margin = Sales - Variable costs = $840,000 - $464,300 = $375,700

Q: A segment reported sales of $225,000; variable costs of $175,000; direct fixed expenses $20,000 and…

A: Under segment reporting the managers of a particular segment are held accountable for the segment…

Q: The February contribution format income statement of Mcabier Corporation appears below:   Sales $…

A: Degree of operating leverage (DOL): DOL reflects  variable and fixed cost relationship of an…

Q: If sales are $314,000, variable costs are 75% of sales, and operating income is $44,100, the…

A: Operating leverage means the measurement between the contribution margin with the earning of the…

Q: Sales $ 400, eee Variable expenses 260,e00 140, eee Contribution margin Fixed expenses 96,eee Net…

A: Formula: Contribution margin ratio = ( Contribution margin / Sales ) x 100

Q: If sales are $309,000, variable costs are 75% of sales, and operating income is $36,000, the…

A: Operating Leverage = Contribution Margin / Operating Income Operating Income is given, so we only…

Q: The CVP income statements shown below are available for Blossom Company and Crane Company. Sales…

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

Q: Robinson Products Company has two service departments (S1 and S2) and two production departments (P1…

A: S1 S2 P1 P2 S1 - 20% 30% (100-20-30) = 50% S2 20% - (100-20-40) = 40% 40%

Q: LSB Company has the following income statement: Revenues $100,000 Variable Costs 40,000 Contribution…

A: Contribution margin: Difference between the sales and the variable costs is called contribution…

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 for France Company is 35%, sales are $419,000, and fixed costs are…

A: Contribution=Sale×Contribution margin ratio=$419,000×35%=$146,650

Q: jlp.3

A: The objective of the question is to calculate the operating leverage of Beemer's business. Operating…

Q: Determine Teague Co.'s operating leverage. Round your answer to one decimal plac

A: Operating leverage is an important concept in finance. It shows the degree to which a firm can…

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

A: Total Contribution Margin = Sales - All Variable Cost

Q: a. Young Company budgets sales of $1,100,000, fixed costs of $37,100, and variable costs of…

A: Contribution margin: Difference between the sales and the variable costs is called contribution…

Q: Hudson Company reports the following contribution margin income statement. HUDSON COMPANY…

A: ·       The sales value of earn target income can be calculated by dividing the aggregate of fixed…

Q: Contribution Margin Ratio a. Young Company budgets sales of $1,240,000, fixed costs of $41,900, and…

A: Contribution margin = Sales - Variable costs Contribution margin ratio = Contribution margin/Sales…

Q: ABC Company has three product lines-D, E, and F. The following information is available: Sales…

A: Operating income is the adjusted revenue of a company after all expenses of operation and…

Q: Contribution Margin Ratio a. Young Company budgets sales of $1,150,000, fixed costs of $80,200, and…

A: Contribution margin ratio=Budgeted sales-Variable costsBudgeted sales×100 Operating…

Q: At a sales level of $441,000, James Company's gross margin is $15,000 less than its contribution…

A: Step 1: Introduction to Contribution Margin and Gross Margin:The contribution margin is computed by…

Q: The sales and cost data for two companies in the transportation industry are as follows:     X…

A: CVP analysis is used to identify the changes in costs and volume affect a company's operating…

Q: Assume the following financial data pertains to a certain single-product lodging business: Room…

A: Contribution Margin Percentage = (Contribution Margin / Room Sales) x 100

Q: If sales are $817,000, variable costs are 79% of sales, and operating income is $240,000, what is…

A: Sales = Total variable cost + Total Contribution margin Contribution margin = Sales - Variable cost

Q: Beemer's sales are $400,000, variable costs are 75% of sales, and income from operations is $50,000.…

A: Degree of operating leverage is calculated by dividing contribution margin by net income. The…