Contribution Margin Ratio a.  Young Company budgets sales of $950,000, fixed costs of $55,600, and variable costs of $247,000. What is the contribution margin ratio for Young Company?% b.  If the contribution margin ratio for Martinez Company is 62%, sales were $563,000, and fixed costs were $254,810, what was the operating income?$

Q: The table below summarizes key components of a contribution margin income statement. Fill in the mi…

A: Contribution Margin -Revenues less variable costs is equals to contribution margin. A figure, a…

Q: .  Young Company budgets sales of $830,000, fixed costs of $14,900, and variable costs of $66,400.…

A: For Part a.Contribution Margin Ratio = Sales - Variable costsSalesFor Part b.Income from Operations…

Q: A company with a break-even point at $900,000 in sales revenue had fixed costs of $225,000. When…

A: Break even analysis is a concept in managerial accounting which aims to bifurcate costs into fixed…

Q: a.  Imelda Company budgets sales of $850,000, fixed costs of $19,100, and variable costs of $85,000.…

A: SOLUTION:   Contribution Margin Ratio: Contribution Margin Analysis is a technique of cost volume…

Q: Coastal Company budgets sales of $1,020,000, fixed costs of $64,300, and variable costs of $285,600.…

A: The contribution margin is computed as the difference between the sale price of a product and the…

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: Company XYZ is producing and selling 2,500. At this level, the selling price per unit is $10, the…

A: Given,   Sales quantity = 2500 units Sales price per unit = $ 10 per unit Variable cost = $ 5 per…

Q: Assume MIX Incorporated has sales volume of $1,162,000 for two products with May sales and…

A: Total contribution margin = Product A contribution margin + Product B contribution marginAt Break…

Q: Question: A manufacturing company has a fixed cost of $120,000 and a variable cost per unit of $8.…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: cion's contribution format income statement for last P 2,000,000 ble Costs 1400.000 ribution Margin…

A: Contribution margin ratio is the ratio of the contribution margin to sales revenue Breakeven point…

Q: The February contribution format income statement of Tipton Corporation appears below: Sales.…

A: Solution: Contribution margin = $115,200 Net operating income = $31,100 Degree of operating leverage…

Q: Hudson Company reports the following contribution margin income statement. HUDSON COMPANY…

A: The break-even sales are the sales where the business earns no profit or loss during the period. The…

Q: n income statement for Howell Company: Sales $600,000 Variable costs (150,000) Contribution margin…

A: Margin of safety is the excess sales over break even sales. Margin of Safety = Actual Sales Revenue…

Q: Operating leverage Haywood Co. reports the following data: Line Item Description Amount Sales…

A: Operating income is a measure used to evaluate the effect of change in revenues on the operating…

Q: a.  Young Company budgets sales of $710,000, fixed costs of $54,300, and variable costs of $241,400.…

A: The difference between the sales and the variable costs is called the contribution margin.…

Q: Last period Hartig Corporation sold 40.000 units, total sales were $303,000, total variable expenses…

A: Contribution margin ratio = Contribution margin / Sales where, Contribution margin = Sales -…

Q: Young Company budgets sales of $1,210,000, fixed costs of $68,100, and variable costsof $302,500.…

A: Contribution margin ratio (%)=Contribution marginBudgeted sales×100

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 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: The February contribution format income statement of Mcabier Corporation appears below:   Sales $…

A: Degree of operating leverage (DOL): DOL reflects  variable and fixed cost relationship of an…

Q: A company with monthly revenue of $146,000, variable costs of $56,500, and fixed costs of $42,600…

A: The contribution margin is calculated as the difference between sales and variable costs. The net…

Q: Contribution margin ratio a. Coastal Company budgets sales of $1,050,000, fixed costs of $82,700,…

A: Income statement is a financial statement that shows profitability, total revenue and total…

Q: Mazoon Company has information on its evenue and costs is as follows: Selling price per unit $70;…

A: Variable cost means the cost which vary with the level of output where as fixed cost remain…

Q: a. Young Company budgets sales of $1,120,000, fixed costs of $55,400, and variable costs of…

A: Contribution margin = sales - variable costs = $1120000-246400 = $873,600

Q: If the contribution margin on the firm's single product is $2.00 per unit and fixed costs are…

A:

Q: A company has return on sales of 15% at sales of $400,000. Its fixed cost are $90,000; variable…

A: Solution..   Return on sales = 15%  Sales = $400,000  Fixed cost = $90,000  Variable cost = $25 per…

Q: Contribution margin ratio a. Coastal Company budgets sales of $1,280,000, fixed costs of $83,500,…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: For Blossom Company, variable costs are 70% of sales, and fixed costs are $182,000. Management's net…

A: The Break-even point is the point where the company is able to cover all its costs but does not make…

Q: Determining transfer pricing "he Lin Company is decentralized, and divisions are considered…

A: PLEASE LIKE THE ANSWER, YOUR RESPONSE MATTERS  LIN COMPANY   REQUIREMENT 1   CONTRIBUTION MARGIN…

Q: Given below are part of the recent income statement of Golden Corporation reported this year: Sales…

A: Total contribution margin = Sales revenue - Variable costs = 10,000,000 - 6,000,000 = 4,000,000

Q: JPS Company manufactures and sells three products. Relevant per unit data concerning each product…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: 11) If the contribution margin ratio for France Company is 39%, sales were $473,000, and fixed costs…

A: Given that: Contribution Margin ratio = 39% Sales = $473000 Fixed costs = $95000

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: Which company will benefit most from a 15% increase in sales?

A: ParticularsAmount($)Sales$4,000,000Variable Cost (45% of sales)$1,800,000Contribution Margin (Sales…

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: 3. A company has return on sales of 20%, income of $50,000, selling price of $10, and a contribution…

A: Solution..   Income = $50,000  Return on sales = 20%  Contribution margin ratio = 40%  Selling price…

Q: 1) A company has a target income of $128,000. The contribution margin ratio is 30%. What dollar…

A: Cost volume profit analysis is the technique used by management for decision-making. The methods…

Q: Answer the following questions based on the given information:             Sales Units   500,000…

A: Solution: - 1) Calculation of total contribution as follows under: -

Q: The following income statement applies to Finch Company for the current year: Income Statement Sales…

A: The contribution margin approach can be used to calculate the magnitude of operating leverage, which…

Q: Contribution Margin Ratio a. Young Company budgets sales of $1,240,000, fixed costs of $41,900, and…

A: Contribution margin = Sales - Variable costs Contribution margin ratio = Contribution margin/Sales…

Q: Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue The controller of Ashton…

A:

Q: Ferrante Company sells 25,000 units at $44 per unit. Variable costs are $27.72 per unit, and fixed…

A: Unit Contribution margin = Selling price - Unit Variable cost Contribution margin ratio = Unit…

Q: Contribution Margin Ratio a. Young Company budgets sales of $1,150,000, fixed costs of $80,200, and…

A: Contribution margin ratio=Budgeted sales-Variable costsBudgeted sales×100 Operating…