The contribution margin equals sales minus all O period O variable O fixed O product expenses.

Nathan Upton earns $11.80/hour, and worked 42 hours during the most recent week. He does not make any voluntary deductions each period. Nathan Upton is married, and claims three withholding allowances for both federal and state. His year-to-date taxable earnings for Social Security tax, prior to the current pay period, are $137,220, and he is paid with check #0502. Social Security Tax= Medicare Tax=

Please explain this statement thoroughly.  "To estimate what the profit will be at various levels of activity, multiply the number of units to be sold above or below the break-even point by the unit contribution margin."

Sales Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed Net income (loss) Continue LA $ Eliminate LA Net Income Increase (Decrease)

Change in operating income = change in sales dollars x contribution margin What is the equation for the "change in sales dollars"?

6. The unit contribution margin is computed by⦁    subtracting the variable cost per unit from the sales price per unit.⦁    dividing the sales revenue by variable cost per unit.⦁    dividing the variable cost per unit by the sales revenue.⦁    subtracting the sales price per unit from the variable cost per unit.

In the fixed cost per unit does the it increase as activity decreases and will decrease as activity increases?

At break even point: a) sales - contribution margin = net income or net loss b) sales - fixed expenses = variable expenses c) sales + variable expenses = contribution margin d) contribution margin + fixed expenses = net income

When the total contribution margin is greater than total fixed costs, a company has Select one: a. Higher variable cost and fixed cost. b. A net loss c. Zero profit. d. Net income.

When the sales price per unit decreases, the contribution margin per unit A. decreases B. increases OC. increases proportionately OD. remains the same 13