Construction Accounting And Financial Management (4th Edition)
4th Edition
ISBN: 9780135232873
Author: Steven J. Peterson MBA PE
Publisher: PEARSON
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Chapter 10, Problem 15P
Determine the break-even contribution margin ratio for a company with a fixed
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What is the contribution margin ratio for yountz company?
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?
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Chapter 10 Solutions
Construction Accounting And Financial Management (4th Edition)
Ch. 10 - What are some of the ways a company can increase...Ch. 10 - Prob. 2DQCh. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - A construction company has total revenues of...Ch. 10 - A construction company has total revenues of...Ch. 10 - A construction company has total revenues of...Ch. 10 - A construction company has total revenues of...Ch. 10 - Determine the break-even volume of work for a...Ch. 10 - Determine the break-even volume of work for a...
Ch. 10 - Determine the break-even volume of work for a...Ch. 10 - Determine the break-even volume of work for a...Ch. 10 - A construction company has a fixed overhead of...Ch. 10 - A construction company has a fixed overhead of...Ch. 10 - Determine the break-even contribution margin ratio...Ch. 10 - Determine the break-even contribution margin ratio...Ch. 10 - Determine the break-even contribution margin ratio...Ch. 10 - Determine the break-even contribution margin ratio...Ch. 10 - Determine the profit and overhead markup for a...Ch. 10 - Determine the profit and overhead markup for a...Ch. 10 - Prob. 21PCh. 10 - Prob. 22P
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- A company has sales of $125,000, variable costs of $45,000 and fixed costs of $30,000. The contribution margin ratio isarrow_forwardThe following information is available from the accounting records of Eva Corporation. Fixed costs per period are $4800. Sales volume for the last period was $19,360, and variable costs were $13,552. Capacity per period is a sales volume of $32,000. Compute the total contribution margin.arrow_forwardIf the contribution margin ratio for Harrison Company is 38 %, sales were $425,000, and fixed costs were $100,000, what was the income from operations? A) $163,500 B) $161,500 C) $54,730 61,500arrow_forward
- Determine the profit and overhead markup for a company who wants to maintain a 13.2%% gross profit margin.arrow_forwardIf a company had a contribution margin of $21,000 and a contribution margin ratio of 70%, total variable costs must have been …arrow_forwardPlease give answer the questionarrow_forward
- 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 2arrow_forwarda. Coastal Company budgets sales of $870,000, fixed costs of $62,600, and variable costs of $278,400. What is the contribution margin ratio for Coastal Company?fill in the blank 1 of 1 % b. If the contribution margin ratio for Bushner Company is 66%, sales were $652,000, and fixed costs were $296,920, what was the operating income?arrow_forwardA company had unit contribution margin of $3.60 and fixed costs of $29,664. Income was $2,520. What was the margin safety in units?arrow_forward
- For a table manufacturing company, variable cost is $125.00 per Unit, rent is $2,544.00 per month and insurance is $1,095.00 per month. Selling price for a table is $200.00 per Unit, How much is the company contributing to covering their fixed costs or generating profits? Submitarrow_forwardGeneral Accountingarrow_forwardAarrow_forward
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