3-36 Contribution margin, gross margin, and margin of safety. Roma Skincare manufactures and sells aface cream to small specialty stores in Victoria, Australia. It presents the monthly operating income state-ment shown here to Jacob Scott, a potential investor in the business. Help Mr. Scott understand RomaSkincare's cost structure.Sabnuobluow totadt gegawollgem noitudintnoo brstinu neq nipTebquod bns aslea tinu ni tniogFormulasmoo erit steluals3 .ftrom ert zi terW SPage Layoutlas Data Joxe Reviewatinu 000,00Bruno Bow CWOODW0193802 91 AViewE21 of moitibbs nlwen erit edsand 6pritsiaqo .derit of nateHomeInsertSZ ĀRU STCOD 01be ting viace 101 01.03 bisq asRoma Skincare andam2Operating Income Statement June 20203Units soldRevenuesCost of goods sold456 Variable manufacturing costs7Fixed manufacturing costsbe8Total cost of goods soldSpe9Gross margin4. Wh5. If 10 Operating costs:21800 116000,00 12000,00 13000.08 14 Operating income000.8Variable marketing costs$ 6,000Fixed marketing & admin. costs m 10000114,000000,008Total operating costs$60,00022,000212015,000$120,000$ 82,000$ 38,000advertisin$ 20,000$ 18,0009V3 28-8assilsizegasoilique terique2016152109110Boivisa traitsTestussnousteinimba1. Recast the income statement to emphasize contribution margin.2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 2020.3. What is the margin of safety (in units) for June 2020?SIGU518Jadun.mp3 S4. If sales in June were only 12,000 units and Roma Skincare's tax rate is 30%, calculate its net income.

bluow to 10a fina oce 101 01.03 bisq 28 Roma Skincare sibem anti ins Operating Income Statement June 2020 19V878 2 3 Units sold 4 Revenues 5 Cost of goods sold 6 Variable manufacturing costs 7 8 9 Gross margin 4. Wh 5. If 10 Operating costs: 21800 11 6000,00 12 000,00 13 000,08 14 Operating income 2, W sent neg awoligt be spe Fixed manufacturing costs Total cost of goods sold Variable marketing costs Fixed marketing & admin. costs m Total operating costs alanl 000,008 $60,000 22,000 $ 6,000 14,000 000 RIE 1. Recast the income statement to emphasize contribution margin. 1.000 15,000 $120,000 $ 82,000 $ 38,000 adverti $ 20,000 $18,000 of Hobbs wen erit ed navedsand . Britsiaqo .d 10 910) of 19tefl 9V3 88-8 ni assilsizega asilique toerine 281682 108110 v162 traits Burs noutateinimba 81200 Istol 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 2020. 3. What is the margin of safety (in units) for June 2020?

bluow to 10a fina oce 101 01.03 bisq 28 Roma Skincare sibem anti ins Operating Income Statement June 2020 19V878 2 3 Units sold 4 Revenues 5 Cost of goods sold 6 Variable manufacturing costs 7 8 9 Gross margin 4. Wh 5. If 10 Operating costs: 21800 11 6000,00 12 000,00 13 000,08 14 Operating income 2, W sent neg awoligt be spe Fixed manufacturing costs Total cost of goods sold Variable marketing costs Fixed marketing & admin. costs m Total operating costs alanl 000,008 $60,000 22,000 $ 6,000 14,000 000 RIE 1. Recast the income statement to emphasize contribution margin. 1.000 15,000 $120,000 $ 82,000 $ 38,000 adverti $ 20,000 $18,000 of Hobbs wen erit ed navedsand . Britsiaqo .d 10 910) of 19tefl 9V3 88-8 ni assilsizega asilique toerine 281682 108110 v162 traits Burs noutateinimba 81200 Istol 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 2020. 3. What is the margin of safety (in units) for June 2020?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 57P: Identifying Fixed, Variable, Mixed, and Step Costs Consider each of the following independent...

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