FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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 1. The highest Contribution Margin is:


2. The highest Contribution Margin Ratio is:

Note: Enter up to three decimals. For example, for 36.28^% enter 0.363.


3. Which margin is most useful in evaluating segment viability?
a) Contribution margin’
b) None of the above
c) Controllable contribution margin
d) Segment Margin

 

Net sales
Less:
Less:
Less:
Less:
Net income
XY CORPORATE SUMMARY REPORT
CONTRIBUTION INCOME STATEMENTS
For the Year Ending December 31, 20XX
Variable product cost
Variable SG&A
Total variable cost
Controllable contribution margin
Controllable fixed costs
Controllable contribution margin
Uncontrollable fixed costs
Segment margin
General corporate costs
Company Total
Which division has the higher contribution margin? >>>>
Which division has the higher contribution margin ratio?
1,400,000
450,000
225,000
675,000
725,000
250,000
540,000
225,000
315,000
250,000
65,000
Which margin is most useful in evaluating segment viability? >>>>
Which margin is most useful in evaluating segment management? >>>>
Division X
600,000
250,000
25,000
275,000
325,000
85,000
240,000
75,000
165,000
Division Y
800,000
200,000
200,000
400,000
400,000
100,000
300,000
150,000
150,000
BOD
Y
X
Segment
Controllable
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Transcribed Image Text:Net sales Less: Less: Less: Less: Net income XY CORPORATE SUMMARY REPORT CONTRIBUTION INCOME STATEMENTS For the Year Ending December 31, 20XX Variable product cost Variable SG&A Total variable cost Controllable contribution margin Controllable fixed costs Controllable contribution margin Uncontrollable fixed costs Segment margin General corporate costs Company Total Which division has the higher contribution margin? >>>> Which division has the higher contribution margin ratio? 1,400,000 450,000 225,000 675,000 725,000 250,000 540,000 225,000 315,000 250,000 65,000 Which margin is most useful in evaluating segment viability? >>>> Which margin is most useful in evaluating segment management? >>>> Division X 600,000 250,000 25,000 275,000 325,000 85,000 240,000 75,000 165,000 Division Y 800,000 200,000 200,000 400,000 400,000 100,000 300,000 150,000 150,000 BOD Y X Segment Controllable
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