Sales | $2,927,500 |
Less: Variable Cost | |
Cost of Goods Sold | $1,920,440 |
Selling Expense | $107,732 |
Administrative Expense | $79,628 |
Contribution margin | $819,700 |
Contribution margin ratio | 28.00% |
($819,700 / $2,927,500) | |
Break even point in dollars | $3,315,000 |
($928,200/28%) |
Problem 18-4A a-b (Part Level Submission) (Video) Carla Vista Corp.'s sales slumped badly in 2020. For...
CALORLATOK BACK Problem 18-04A Carla Vista Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from ang sus, so wis of product sales $2,927,500, total costs and expenses $3,036,000, and net loss $108,500. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods sold $2,497,340 $1,920,440 $576,900 Selling expenses 292,750 107,732 185,018 Administrative expenses 245,910 79,620 166,282 $3,036,000...
Break even point for
alternative 1 is?
Break even point for alternative two is?
Problem 18-4A a-b (Part Level Submission) (Video) Carla Vista Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 585,500 units of product: sales $2,927,500, total costs and expenses $3,036,000, and net loss $108,500. Costs and expenses consisted of the amounts shown below. Cost of goods sold Selling...
Problem 18-04A Crane Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 585,500 units of product: sales $2,927,500, total costs and expenses $3,024,875, and net loss $97,375. Costs and expenses consisted of the amounts shown below. Total Variable Fixed Cost of goods sold $2,486,215 $2,008,265 $477,950 Selling expenses 292,750 107,732185,018 Administrative expenses 245,910 79,628 166,282 $3,024,875 $2,195,625 $829,250 Management is considering...
Problem 11-3
Pina Colada Corp.’s sales slumped badly in 2017. For the first
time in its history, it operated at a loss. The company’s income
statement showed the following results from selling 585,500 units
of product: sales $2,927,500, total costs and expenses $3,044,600,
and net loss $117,100. Costs and expenses consisted of the amounts
shown below.
Total
Variable
Fixed
Cost of goods sold
$2,505,940
$1,861,890
$644,050
Selling expenses
292,750
107,732
185,018
Administrative expenses
245,910
79,628
166,282
$3,044,600
$2,049,250
$995,350
Management...
Problem 5-4A (Video) Crane Corps sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 505,500 units of product: sales $2,527,500, total costs and expenses $2.622.000, and net loss 594,500. Costs and expenses consisted of the amounts shown below. Cost of goods sold Selling expenses Administrative expenses Total $2,156,940 252,750 212,310 $2,622,000 Variable $1,658,040 93,012 68,748 $1,819,800 Fixed $498,900 159,738 143,562 $802,200 Management...
Problem 18-04A Crane Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 590,500 units of product: sales $2,952,500, total costs and expenses $3,050,875, and net loss $98,375. Costs and expenses consisted of the amounts shown below. Cost of goods sold Selling expenses Administrative expenses Total $2,507,615 295,250 248,010 $3,050,875 Variable $2,025,415 108,652 80,308 $2,214,375 Fixed $482,200 186,598 167,702 $836,500 Management is...
Problem 18-04A Oriole Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 540,500 units of product: sales $2,702,500, total costs and expenses $2,803,440, and net loss $100,940. Costs and expenses consisted of the amounts shown below. Cost of goods sold Selling expenses Administrative expenses Total $2,306,180 270,250 227,010 $2,803,440 Variable $1,772,840 99,452 73,508 Fixed $533,340 170,798 153,502 $857,640 $1,945,800 Management is...
Crane Corp.’s sales slumped badly in 2020. For the first time
in its history, it operated at a loss. The company’s income
statement showed the following results from selling 590,500 units
of product: sales $2,952,500, total costs and expenses $3,050,875,
and net loss $98,375. Costs and expenses consisted of the amounts
shown below.
Total
Variable
Fixed
Cost of goods sold
$2,507,615
$2,025,415
$482,200
Selling expenses
295,250
108,652
186,598
Administrative expenses
248,010
80,308
167,702
$3,050,875
$2,214,375
$836,500
Management is considering the...
Oriole Corp.'s sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 555,500 units of product: sales $2,777,500, total costs and expenses $2,869,875, and net loss $92,375. Costs and expenses consisted of the amounts shown below. Cost of goods sold Selling expenses Administrative expenses Total $2,358,815 277,750 233,310 $2,869,875 Variable $1,905,365 102,212 75,548 $2,083,125 Fixed $453,450 175,538 157,762 $786,750 Management is considering the...
Blossom Corp's sales slumped badly in 2020. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 575,500 units of product: sales $2,877,500, total costs and expenses $2,984,880, and net loss $107,380. Costs and expenses consisted of the amounts shown below Cost of goods sold Selling expenses Administrative expenses Total $2,455,420 287,750 241,710 $2,984,680 Variable $1,887,640 105,892 78,268 $2,071,800 Fixed $567,780 181,858 163,442 $913,080 • Management is considering...