Oriole Corp. had total variable costs of $151,250, total fixed costs of $130,500, and total revenues of $275,000.(a1)X Your answer is incorrect.Calculate contribution margin ratio.Contribution margin ratio81.8do%

Contribution margin:The contribution margin is the amount received after the deduction of all…

Answered: Oriole Corp. had total variable costs…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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If the 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 2
both answer please provide.
kk. Subject :- Accounting
Company XYZ made total sales revenue of $ 300,000 . The variable manufacturing costs were $ 95,000 while the fixed manufacturing costs were $ 20,000 . The variable selling and administrative expenses were $ 47,000 while the fixed selling and administrative expenses were $ 10,000 How much was the total contribution margin ( $ ) ? O a . 243,000 O b . None of the given answers C. 205,000 O d . 158,000 O e . 185,000
How do you get income from operations? (see attached)
Company XYZ made total contribution margin of $ 300,000 and a net income of $ 140,000. The company also made a total gross margin of $ 270,000. Assume that the variable selling and administrative expenses were $ 80,000, how much is the fixed manufacturing cost ($)? O a. None of the given answers O b. 160,000 Oc 130,000 O d. 50,000 O e 110,000
Munabhai
Shirley Incorporated has three divisions, King, West and Gold. All common fixed costs are unavoidable. Following is the segmented income statement for the previous year: Sales revenue Variable costs Contribution margin Direct fixed costs Segment margin Common fixed costs (allocated) Net operating income (loss) King $ 1,040,000 312,000 $ 728,000 104,000 $ 624,000 391,000 $ 233,000 Required: a. What would Shirley's net income (loss) be if the West Division were dropped? b. What would Shirley's net income (loss) be if the Gold Division were dropped? Complete this question by entering your answers in the tabs below. Required A Required B What would Shirley's net income (loss) be if the West Division were dropped? Gold $426,000 251,340 $ 174,660 48.000 $ 126,660 159,375 $ (32,715) Total $ 2,048,000 889,260 $ 1,158,740 192,000 $ 966,740 763,000 $ 203,740
Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses $ 120,000 90,000 30,000 21,000 $ 9,000 Net operating income If sales volumes decline to 2,900 units, the net operating income would be closest to:
Bryce Co. sales are $897,000, variable costs are $468,500, and operating income is $276,000. The contribution margin ratio is Oa. $2.2% Ob. 57.4% Oc. 47.8% Od. 43.5%

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Oriole Corp. had total variable costs of $151,250, total fixed costs of $130,500, and total revenues of $275,000. (a1) Your answer is incorrect. Calculate contribution margin ratio. Contribution margin ratio 81.8 %