Question
scort confectionary sells its stack o choc candy car for .90. the variabke cost per unit is .50. total fixed costs are 172000
What is the contribution margin ratio for the Stack o-Choc candy bar (Round ratio to 2 percentage places, s. 0.38 - 30%) The
0 0
Add a comment Improve this question Transcribed image text
Answer #1

The answer has been presented in the supporting sheet. All the parts has been solved with detailed explanation and calculation. For detailed answer refer to the supporting sheet.

A B C D Answer 2 Part 1) 3 Contribution Margin Ratio 4 = Contribution margin per unit / selling price per unit *100 5 = (-9-.

Add a comment
Know the answer?
Add Answer to:
scort confectionary sells its stack o choc candy car for .90. the variabke cost per unit...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Scott Confectionery sells its Stack-o-Choc candy bar for $0.60. The variable cost per unit for the...

    Scott Confectionery sells its Stack-o-Choc candy bar for $0.60. The variable cost per unit for the candy bar is $0.34; total fixed costs are $171,000. Your answer is correct. What is the contribution margin per unit for the Stack-o-Choc candy bar? (Round per unit answer to 2 decimal places, eg. 52.75.) The contribution margin per unit 0.26 e Textbook and Media Attempts: 1 of 12 used Your answer is correct. What is the contribution margin ratio for the Stack-o-Choc candy...

  • Scott Confectionery sells its Stack-o-Choc candy bar for $0.80. The variable cost per unit for the...

    Scott Confectionery sells its Stack-o-Choc candy bar for $0.80. The variable cost per unit for the candy bar is $0.20; total fixed costs are $150,000. An increase in chocolate prices causes the variable cost per unit to increase to $0.55. Calculate the breakeven point in units? (Round answer to 0 decimal places, e.g. 5,275.) Breakeven point in units bars Using the above breakeven point in units, calculate breakeven sales in dollars. (Round answer to 0 decimal places, e.g. 5,275.) Breakeven...

  • answer C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and...

    answer C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales, fixed costs are $120,000 per month. (1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38-38%.) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (2) ✓ Your...

  • Please find the following: Contribution margin per unit Contribution margin ratio Fixed Cost Fixed Cost per...

    Please find the following: Contribution margin per unit Contribution margin ratio Fixed Cost Fixed Cost per year Breakecen Sales Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable costs are 40% of sales, fixed costs are $116,000 per month. (a1) * Your answer is incorrect. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38...

  • Blossom Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...

    Blossom Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $50 throughout the country to loyal alumni of over 3,500 schools. Blossom's variable costs are 40% of sales; fixed costs are $118,000 per month (1) Your answer is correct Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 - 38%) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (a2) Your answer is correct....

  • Discussions WP 0.5/1 Conferences Collaborations Question 4 View Policies Show Attempt History Current Attempt in Progress...

    Discussions WP 0.5/1 Conferences Collaborations Question 4 View Policies Show Attempt History Current Attempt in Progress Account WileyPLUS Support Dashboard Courses Ivanhoe Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $45 throughout the country to loyal alumni of over 3.500 schools. Ivanhoe's variable costs are 41% of sales, fixed costs are $118.000 per month Calendar Inbox (a1) Get HELP SOS Your answer is correct. Calculate contribution margin ratio. (Round ratio...

  • solve C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and...

    solve C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales, fixed costs are $120,000 per month. (1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38-38%.) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (2) ✓ Your...

  • Sheridan, Inc., sells two types of water pitchers, plastic and glass. Plastic pitchers cost the company...

    Sheridan, Inc., sells two types of water pitchers, plastic and glass. Plastic pitchers cost the company $34 and are sold for $49. Glass pitchers cost $43 and are sold for $64. All other costs are fixed at $1,090,908 per year. Current sales plans call for 15,540 plastic pitchers and 46,620 glass pitchers to be sold in the coming year. How many pitchers of each type must be sold to break even in the coming year? (Use contribution margin per unit...

  • ANSWER D Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and...

    ANSWER D Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales; fixed costs are $120,000 per month. (21) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38-38%) Contribution margin ratio 60 % e Textbook and Media Attempts: 1 of 12 used ✓ Your...

  • Question 4 0.5/1 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium...

    Question 4 0.5/1 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $46 throughout the country to loyal alumni of over 3,000 schools. Sunland's variable costs are 43% of sales, fixed costs are $114,000 per month. (a1) ✓ Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 - 38%.) Contribution margin ratio 0 5...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT