Contribution Margin Ratio a. Imelda Company budgets sales of S1,800,000, fixed costs of $394,000, and variable costs of $1,116,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) %
Q: Required information [The following information applies to the questions displayed below.] Data for…
A: Whenever there is an increase in sales revenue, profit increases upto the extent of contribution…
Q: Computing breakeven sales and operating income or loss under different conditions Gilbert’s Steel…
A: Break-even Point: It refers to a point in the level of operations at which a company experiences its…
Q: Contribution Margin Sally Company sells 20,000 units at $25 per unit. Variable costs are $20.50 per…
A: A Sales(20,000 units*25) $ 500,000 B Variable costs(20,000 units*20.5) $ 410,000…
Q: a. Young Company budgets sales of $1,040,000, fixed costs of $53,800, and variable costs of…
A: Contribution margin refers to the amount that the company earned from selling goods more than its…
Q: Contribution Margin Harry Company sells 40,000 units at $36 per unit. Variable costs are $22.32 per…
A: a. Contribution margin = Sales - variable cost = $36-22.32 = $13.68 Contribution margin ratio =…
Q: CALCULAT Cunningham Industries reported actual sales of $2,000,000, and fixed costs of $540,000. The…
A: Formula: Margin of safety in Dollars = Total sales - Break even sales. Deduction of break even sales…
Q: Contribution Margin Morrison Company sells 124,000 units at $16 per unit. Variable costs are $12…
A: The contribution margin is calculated as excess of sales revenue over variable expenses.
Q: 1. The following CVP income statements are available for ABC Company and XYZ Company. Sales Variable…
A: Break even point: It is a level of sales at which contribution is equal to fixed cost. It is a point…
Q: CVP analysis Current operating income for Bay Area Cycles Co. is $70,000. Selling price per unit is…
A:
Q: Contribution Margin Sally Company sells 24,000 units at $28 per unit. Variable costs are $19.60 per…
A: a. Compute contribution margin ratio.
Q: Current Attempt in Progress Moss, Inc. has total fixed costs of $56,000 and a contribution margin…
A: Compute target fixed cost as shown below:
Q: Contribution Margin Molly Company sells 29,000 units at $39 per unit. Variable costs are $27.30 per…
A: Contribution margin ratio expressed in terms of percentage and shows the difference between sales of…
Q: Contribution Margin Ferrante Company sells 27,000 units at $25 per unit. Variable costs are $16.00…
A: Answer a) Calculation of Contribution Margin ratio Contribution margin ratio = Contribution margin…
Q: Contribution Margin Ratio a. Imelda Company budgets sales of $1,080,000, fixed costs of $82,600, and…
A: Contribution margin = $1,080,000 - $367,200 = $712,800
Q: Contribution Margin Molly Company sells 40,000 units at $16 per unit. Variable costs are $9.92 per…
A: a.
Q: For Sheridan Company, variable costs are 60% of sales, and fixed costs are $193,000. Management's…
A: Net income = Contribution - Fixed costs $99,000 = Contribution - $193,000…
Q: Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of…
A: Determine the contribution margin ratio for Young Company.
Q: The records of Valium Company show a contribution margin ratio of 25%. The company desires to earn a…
A: Units to be sold for earning desired profit will be number of units at which business is recovering…
Q: Given below are two independent scenarios: a. Dream Co. has budgeted sales of $500,000, fixed…
A: Contribution margin = budgeted sales - variable costs = $500,000 - $375,000 = $125,000
Q: Gosnell Company produces two products: Clocks and Towers. The projected income for the coming year,…
A: Break-Even Point is point of sales where company earns no profit and neither incur any losses.
Q: ontribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar…
A: Solution:- 1)Calculation of the contribution margin per unit and contribution margin ratio as…
Q: Contribution Margin Ratio a. Young Company budgets sales of $900,000, fixed costs of $44,600, and…
A: The contribution margin is computed by subtracting the variable cost from the sale revenue. The…
Q: a. Young Company budgets sales of $1,100,000, fixed costs of $37,100, and variable costs of…
A: Contribution margin: Difference between the sales and the variable costs is called contribution…
Q: Contribution Margin Harry Company sells 32,000 units at $38 per unit. Variable costs are $28.12 per…
A: Contribution Margin: It is defined as the difference between the sales and the variable cost. In…
Q: Jellico Inc.’s projected operating income (based on sales of 450,000 units) for the coming year is…
A: "Since you have posted a question with multiple sub-parts, we will answer first three sub-parts for…
Q: The records of Valium Company show a contribution margin ratio of 45%. The company desires to earn a…
A: The target sales revenue is calculated by dividing the target contribution margin by contribution…
Q: Calculate the contribution margin ratio of a company with sales of $180,000 and operating income of…
A: Contribution MarginContribution Margin can be stated on a gross or per unit basis. It represents the…
Q: The following data for Romero Products Inc. are available: For the Year Ended December 31…
A: Sales quantity factor:- Unit price factor:-
Q: Contribution Margin Ratio a. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000,…
A: Contribution margin = Budgets sales - variable costs = $1,800,000 - $1,116,000 = $684,000
Q: For Sheridan Company, variable costs are 70% of sales, and fxed costs are $179,400. Management's net…
A: Formula: Required sales in dollars = ( Fixed cost + Targeted income ) / contribution margin ratio
Q: Required information [The following information applies to the questions displayed below.] Data for…
A: In order to determine the contribution margin per unit, the variable cost per unit is required to be…
Q: a. Yountz Company budgets sales of $1,130,000, fixed costs of $68,600, and variable costs of…
A: A.) Given : Sales-1,130,000 Variable costs- $305,100 Contribution Margin= Sales - Variable Costs…
Q: Contribution Margin Willie Company sells 39,000 units at $33 per unit. Variable costs are $22.11…
A: The Break-even point is the point where the company incurs no loss no profit. The contribution…
Q: Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of…
A: Formula: Contribution margin = Sales - variable cost
Q: Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar…
A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
Q: Prepare a contribution margin format income statement; answer what-ifquestions Shown here is an…
A: Hey, since there are multiple requirements posted, we will answer first three requirements. If you…
Q: Required information [The following information applies to the questions displayed below.] Data for…
A: This question deals with the concept of whether increase in advertising budget or not. We will…
Q: Contribution Margin Ratio a. Young Company budgets sales of $1,030,000, fixed costs of $23,200, and…
A: Contribution Margin: Contribution Margin refers to the margin of profit expected by the company. The…
Q: The records of Valium Company show a contribution margin ratio of 40%. The company desires to earn a…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: For Ivanhoe Company, variable costs are 66% of sales, and fixed costs are $183,000. Management's net…
A: We know that under marginal costing Profit = Sales Revenue - Total Variable cost - Total Fixed…
Q: Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of…
A: Since we are entitled to answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…
Q: Seabold Interiors sold 18,400 yards of wallpaper last year at a contributionmargin of $3.50 per yard…
A: Contribution margin: It is the difference between the sale value and the variable cost. When we…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Contribution margin and contribution margin ratio For a recent year, McDonalds (MCD) company-owned restaurants had the following sales and expenses (in millions): Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonalds contribution margin? Round to the nearest tenth of a million (one decimal place). b. What is McDonalds contribution margin ratio? Round to one decimal place. c. How much would operating income increase if same-store sales increased by 800 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the nearest tenth of a million (one decimal place).Contribution Margin Ratio a. Matzinger Company budgets sales of $1,150,000, fixed costs of $155,300, and variable costs of $690,000. What is the contribution margin ratio for Matzinger Company? % b. If the contribution margin ratio for Raynor Company is 39%, sales were $639,000, and fixed costs are $194,380, what is the operating income? Check My Work Previous NextContribution margin ratio a. Coastal Company budgets sales of $1,050,000, fixed costs of $82,700, and variable costs of $367,500. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 51%, sales were $448,000, and fixed costs were $178,210, what was the operating income?
- a. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of $1,116,000. What is the contributior margin ratio for Imelda Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 42%, sales were $2,500,000, and fixed costs were $590,000, what was the income from operations?Contribution Margin Ratio a. Young Company budgets sales of $900,000, fixed costs of $44,600, and variable costs of $198,000. 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 49%, sales were $757,000, and fixed costs were $255,940, what is the income from operations?$__________Contribution Margin Ratio a. Young Company budgets sales of $1,240,000, fixed costs of $41,900, and variable costs of $186,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 62%, sales were $567,000, and fixed costs were $274,200, what was the operating income?
- Contribution Margin Ratio a. Young Company budgets sales of $710,000, fixed costs of $54,300, and variable costs of $241,400. What is the contribution margin ratio for Young Company?fill in the blank % b. If the contribution margin ratio for Martinez Company is 67%, sales were $875,000, and fixed costs were $433,830, what was the operating income?a. Coastal Company budgets sales of $1,070,000, fixed costs of $55,400, and variable costs of $246,100. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 50%, sales were $517,000, and fixed costs were $204,220, what was the operating income?Calculate the contribution margin of a product for a service company if revenues are $50,000, variable expenses are $30,000, and fixed expenses are $15,000. a.) $ 20,000 b.) $80,000 c.) $35,000 d.) $5,000
- a. Young Company budgets sales of $960,000, fixed costs of $34,600, and variable costs of $153,600. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 61%, sales were $559,000, and fixed costs were $248,920, what was the operating income?For Sheridan Company, sales is $2000000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $700000? A. $4444444 B. $5555556 C. $2500000 D. $1944444a. 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?