Delta Manufacturing has sales of $2,275,000 with direct materials cost of $243,500, direct labor of $372,000, variable overhead of $117,000, and fixed costs of $309,100. What is Delta's contribution margin rate? a. 32.2% b. 67.8% c. 47.5% d. 63.8%

Mazoon Company has information on its revenue and costs is as follows: Selling price per unit $70; Variable costs per unit includes: Direct material $16, Direct manufacturing labor $8, Manufacturing overhead $8, and Selling costs $10; Annual fixed costs $85,000. What is the contribution margin percentage? a. 40% b. 52.5% C. 60% d. None of the given answers e. 70%

If the contribution margin ratio for France Company is 43%, sales are $407,000, and fixed costs are $94,000, the operating income is a.$94,000 b.$81,010 c.$175,010 d.$64,808

Mazoon Company has information on its revenue and costs is as follows: Selling price per unit $120; Variable costs per unit includes: Direct material $16, Direct manufacturing labor $8, Manufacturing overhead $8, and Selling costs $10; Annual fixed costs $60,000. What is the contribution margin percentage? O a. 35% O b. 73.3% O C. 80% Od. 65% O e. None of the given answers

If sales are $815,000, variable costs are 73% of sales, and operating income is $260,000, what is the contribution margin ratio? a.69% b.31% c.73% d.27%   The Aleutian Company produces two products, Rings and Dings. They are manufactured in two departments—Fabrication and Assembly. Data for the products and departments are listed below. Product Number ofUnits Labor HoursPer Unit Machine HoursPer Unit   Rings 1,180 3 5   Dings 1,920 9 8 All of the machine hours take place in the Fabrication Department, which has an estimated overhead of $84,100. All of the labor hours take place in the Assembly Department, which has an estimated total overhead of $68,600. The Aleutian Company uses departmental overhead rates. The Fabrication Department uses machine hours for an allocation base, and the Assembly Department uses labor hours. What is the overhead cost per unit for Rings? a.$4.10 b.$29.67 c.$61.29 d.$49.26     The following production data were taken from the records…

If the contribution margin ratio for France Company is 34%, sales were $424,000, and fixed costs were $100,000, what was the income from operations? a.$44,160 b.$100,000 c.$35,328 d.$144,160

Vishu

If sales are $425,000, variable costs are 62% of sales, and operating income is $50,000, what is the contribution margin ratio? a.26.8% b.11.8% c.62% d.38%

Suppose that Patron Company sells a product for $24. Unit costs are as follows: Direct materials $4.98 Direct labor 2.58 Variable factory overhead 1.00 Variable selling and administrative expense 2.00   Total fixed factory overhead is $30,000 per year, and total fixed selling and administrative expense is $11,664.   Required: 1. Calculate the variable cost per unit and the contribution margin per unit. 2. Calculate the contribution margin ratio and the variable cost ratio. 3. Calculate the break-even units. 4. Prepare a contribution margin income statement at the break-even number of units. Enter all amounts as positive numbers.

a. Young Company budgets sales of $1,120,000, fixed costs of $55,400, and variable costs of $246,400. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 58%, sales were $561,000, and fixed costs were $234,270, what was the operating income? LEGO %24