Homework Answers
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Contribution margin ratio = (Sales-variable cost)/sales = (800,000-104,000)/800,000 = 87% |
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Operating income = Contribution margin - Fixed cost = (66%*577,000)-258,960 = 121,860 |
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Contribution Margin Ratio a. Young Company budgets sales of $800,000, fixed costs of $23400, and variable...
Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable...
Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 40%, sales were $34,800,000, and fixed costs were $1,500,000, what was the operating income?
Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable...
Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 40%, sales were $34,800,000, and fixed costs were $1,500,000, what was the operating income? $
Contribution Margin Ratio a. Young Company budgets sales of $1,110,000, fixed costs of $84,900, and variable costs of $...
Contribution Margin Ratio a. Young Company budgets sales of $1,110,000, fixed costs of $84,900, and variable costs of $377,400. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 69%, sales were $689,000, and fixed costs were $356,560, what was the operating income?
Contribution Margin Ratio a. Young Company budgets sales of $1,090,000, fixed costs of $54,000, and variable...
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4. Contribution Margin Ratio a. Young Company budgets sales of $1,080,000, fixed costs of $43,700, and variable costs of $194,400. What is the contribution margin ratio for Young Company? _______% b. If the contribution margin ratio for Martinez Company is 63%, sales were $556,000, and fixed costs were $269,720, what was the operating income? $ 5. Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $494,400, a unit...
2. Contribution Margin Ratio a. Young Company budgets sales of $1,280,000, fixed costs of $54,700, and...
2. Contribution Margin Ratio a. Young Company budgets sales of $1,280,000, fixed costs of $54,700, and variable costs of $243,200. What is the contribution margin ratio for Young Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Martinez Company is 61%, sales were $583,000, and fixed costs were $280,950, what is the income from operations? $
Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What...
Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? ______ % b. If the contribution margin ratio for Martinez Company is 40%, sales were $34,800,000, and fixed costs were $1,500,000, what was the operating income? ________$
a. Young Company budgets sales of $790,000, fixed costs of $33,800, and variable costs of $150,100....
a. Young Company budgets sales of $790,000, fixed costs of $33,800, and variable costs of $150,100. What is the contribution margin ratio for Young Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Martinez Company is 56%, sales were $844,000, and fixed costs were $354,480, what is the income from operations? $
a. Young Company budgets sales of $1,190,000, fixed costs of $32,100, and variable costs of $142,800....
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a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000....
a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Martinez Company is 40%, sales were $34,800,000, and fixed costs were $1,500,000, what is the income from operations? $
Contribution Margin Ratio a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 40%, sales were $34,800,000, and fixed costs were $1,500,000, what was the operating income?
Contribution Margin Ratio a. Young Company budgets sales of $1,110,000, fixed costs of $84,900, and variable costs of $377,400. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 69%, sales were $689,000, and fixed costs were $356,560, what was the operating income?
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