If variable costs are 40% of sales and sales increase by $60,000 this month due to a special promotion, by how much will the contribution margin increase? A. $18,000 B. $36,000 C. $24,000 D. $60,000
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By how much will the contribution margin increase?
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- I need this question answer financial accountingIf the contribution margin ratio is 55%, target operating income is $30,000, and the sales revenue needed to achieve the target operating income is $100,000, what are total fixed expenses? O A. $55,000 О В. $25,000 о с. $85,000 O D. $16,50010. If sales are $500,000, variable costs are 200,000, and fixed costs are 260,000, what is the contribution margin percentage? a. 52% b. 48% c. 40% d. 60%
- If Sales for the last year was Rs. 40,00,000 and variable cost ratio is 80%. What will be the new contribution if the sales increase by 20%? Oa.10,50,000 O b. 9,60,000 O c. 9,20,000 O d. 8,00,000Jamie Quinn, a sole proprietor, has the following projected figures for next year: Selling price per unit $150.00 Contribution margin per unit $45.00 Total fixed costs $630,000 What is the break-even point in dollars? a.$2,100,000 b.$426,000 c.$189,000 d.$900,000Accounting question help
- Company's project profit?3. The management of Lambda Corporation has received the following forecast for the next year. Sales revenue $600,000Fixed costs $275,000Variable costs 270,000Total costs 545,000Net income $ 55,000 Capacity is a sales volume of $800,000.a. Computei. the contribution margin ii.the contribution rate. b. Compute the break-even pointi. in dollars; ii. as a percent of capacity. c. Determine the break-even volume in dollars if fixed costs are increased by $40,000, while variable costs are held to 40% of sales.Rolles Company has a contribution margin ratio of 27%. The company is considering a proposal that will increase sales by $130,000. What increase in profit can be expected assuming total fixed costs increase by $25,000? A. $20,000 B. $10,100 C. $25,000 D. $5,000.
- A company that manufactures monitors has fixed costs of $82,000 per annum. The variable costs are 30% of sales and the profit is $63,000. When the selling price was reduced by 10%, the sales volume increased by 25%. a. What was the original sales revenue? Round to the nearest cent b. What were the original variable costs? -> SAVE PROGRESS SUBMITAProvide answer this questionCompany's project profit? Accounting