Nelson Enterprises budgets sales of $1,350,000, fixed costs of $42,800, and variable costs of $165,600. What is the contribution margin ratio for Nelson Enterprises?
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What is the contribution margin ratio for nelson enterprises?
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- 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?What was the income from operations? Give me solutiona. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of $1,116,000. What is the contributior margin ratio for Imelda Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 42%, sales were $2,500,000, and fixed costs were $590,000, what was the income from operations?
- a. 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?What was the income from operations? Give me solution this questionCompute the contribution margin ratio using the following data: sales, $5,000; total variable cost, $3,000