Sales price Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin nquistador $6,200 (3,910) $2,290 (926) $1,364 (640) Hurricane $3,800 (2,550) $1,250 (642) $724 $608 (240) Fixed expenses Operating income n addition, the following sales unit volume information for the period is as follows: $368
Sales price Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin nquistador $6,200 (3,910) $2,290 (926) $1,364 (640) Hurricane $3,800 (2,550) $1,250 (642) $724 $608 (240) Fixed expenses Operating income n addition, the following sales unit volume information for the period is as follows: $368
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 87PSB
Related questions
Question
s
![Sales price
Variable cost of goods sold
Manufacturing margin
Variable selling expenses
Contribution margin
Sales unit volume
Sales
Conquistador
$6,200
(3,910)
$2,290
(926)
$1,364
(640)
Fixed expenses
Operating income
In addition, the following sales unit volume information for the period is as follows:
Variable cost of goods sold
Manufacturing margin
Variable selling expenses
Conquistador
3,200
$724
Hurricane
$3,800
(2,550)
$1,250
(642)
Conquistador
19,840,000
a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent.
Galaxy Sports Inc.
Contribution Margin by Product
3,280 X
$608
(240)
$368
Hurricane
2,400
1,920 X $
Hurricane
9120000 ✓
2,2 X
1,120 X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F06386d75-ae9e-4c26-8629-a9396daa35cc%2Fed2df600-58d8-464a-845f-f6089a4d9c86%2Fn7z7iyc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Sales price
Variable cost of goods sold
Manufacturing margin
Variable selling expenses
Contribution margin
Sales unit volume
Sales
Conquistador
$6,200
(3,910)
$2,290
(926)
$1,364
(640)
Fixed expenses
Operating income
In addition, the following sales unit volume information for the period is as follows:
Variable cost of goods sold
Manufacturing margin
Variable selling expenses
Conquistador
3,200
$724
Hurricane
$3,800
(2,550)
$1,250
(642)
Conquistador
19,840,000
a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent.
Galaxy Sports Inc.
Contribution Margin by Product
3,280 X
$608
(240)
$368
Hurricane
2,400
1,920 X $
Hurricane
9120000 ✓
2,2 X
1,120 X
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