Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 325,000 Variable expenses...
Schister Systems uses the following data in its Cost-Volume-Profit analyses:
| Total | ||
| Sales | $ | 325,000 |
| Variable expenses | 195,000 | |
| Contribution margin | 130,000 | |
| Fixed expenses | 105,000 | |
| Net operating income | $ | 25,000 |
What is total contribution margin if sales volume increases by 30%?
Multiple Choice
-
$17,500
-
$169,000
-
$32,500
-
$130,000
Homework Answers
CM ratio = Contribution margin by sales = $1,30,000/$325000 = 0.40
Contribution margin = CM ratio * Sales
Contribution Margin = 0.40 * (1.3 * $3,25,000) = $1,69,000
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Schister Systems uses the following data in its
Cost-Volume-Profit analyses:
Total
Sales
$
325,000
Variable expenses...
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