What is the contribution margin ratio of this accounting question? Sales amount to $774,000, variablecosts are 59% of sales, and fixed costis $120,000. What is the contributionmargin ratio?a. 41%b. 44%c. 39%d. 37%

Step 1: Define Contribution Margin AnalysisThe contribution margin analysis for a firm usually…

Answered: Sales amount to $774,000, variable…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4EA: A product has a sales price of $250 and a per-unit contribution margin of $75. What is the...

See similar textbooks

Similar questions

If sales are $796,000, variable costs are 76% of sales, and income from operations is $230,000, what is the contribution margin ratio? Oa. 76% b. 72% Ос. 28% С. Od. 24%
If sales are $425,000, variable costs are 62% of sales, and operating income is $50,000, what is the contribution margin ratio? a.26.8% b.11.8% c.62% d.38%
If sales are $797,000, variable costs are 69% of sales, and operating income is $206,000, what is the contribution margin ratio? Oa. 69% Ob. 35% Oc. 65% Od. 31%
If sales are $797,000, variable costs are 80% of sales, and operating income is $201,000, what is the contribution margin ratio? a. 20% b. 80% C. 76% d. 24%
If sales are $796,000, variable costs are 76% of sales, and income from operations is $230,000, what is the contribution margin ratio? Oa. 76% Оb. 72% Ос. 28% Od. 24%
If c/s =25% , prime cost $140, fixed cost $4600 ,contribution 80 and absorption cost is 40. What is the sales? 35 57.3 220 320 3.2
If sales are $28,000 , variable costs are $ 8,000 , and fixed costs are $4,000 , the contribution margin ratio is : (rounded to the nearest number ) a. 71% b. 14% c. 57 % d. None of the given answers e. 29%
Compute for what is being asked1. Unit selling price P800 unit variable cost P350 annual sales volume, 620 units, fixed costs and expenses P200,000 per year. Compute the following.a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salee. Operating income (BIT)using the break even salef. Operating income (EBIT) using the annual sales volume
Determine the missing amounts. Unit SellingPrice Unit VariableCosts Unit ContributionMargin Contribution MarginRatio 1. $750 $375 $ (a) % (b) 2. $450 $ (c) $153 % (d) 3. $ (e) $ (f) $760 40 %
10. Louise Corp. has a contribution margin ratio of 31%, fixed costs of $62,000, and a profit of $41,850. What are total sales? a. $335,000 b. $103,850 c. $32,194 d. $191,429
ieverage is 6 (contribution margin divided by net income), one would e\per net income to increase by 10. I1 sales increase from P400.000 to P450,000, and if the degree of operating a. 75% b. 67% c. 12.5% d. None of these.
If c/s =25% , prime cost $140, fixed cost $4600 contribution 80 and absorption cost is40. What is the sales? 106.67 247.67 320 none of the above

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Survey of Accounting (Accounting I)

Accounting

ISBN:

9781305961883

Author:

Carl Warren

Publisher:

Cengage Learning

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Survey of Accounting (Accounting I)

Accounting

ISBN:

9781305961883

Author:

Carl Warren

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

Sales amount to $774,000, variable costs are 59% of sales, and fixed cost is $120,000. What is the contribution margin ratio? a. 41% b. 44% c. 39% d. 37%