Lake Sales had $1,800,000 in sales last month. The contribution margin ratio was 40% and operating profits were $155,000. What sales volume does Lake's need to yield a $282,500 operating profit?
a. $2,082,500
b. $2,118,750
c. $387,500
Lake Sales had $1,800,000 in sales last month. The contribution margin ratio was 40% and operating...
Lake Sales had $2,600,000 in sales last month. The contribution margin ratio was 40% and operating profits were $180,000. What is Lake's margin of safety in sales dollars?
Lake sales had 2,000,000 in sales last month. The contribution margin was 40% and operating profits was $165,000. What is Lakes break even sales volume?
Contribution margin ratio Gross margin ratio Margin of safety percentage Degree of operating leverage 40% 60% 10% If O'Riley's sales increase by 25%, by what percentage will its net operating income increase? a. 40% b. 160%. c. 240%. d. 100%.
E11-10 Contribution margin and contribution margin ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales a expenses (in millions): $16,488 TL $5,552 4,400 4,025 Sales Food and packaging Payroll Occupancy (rent, depreciation, etc.) General, selling, and admin. expenses Other expense Total expenses Operating income (loss) 2,434 209 (16,620) $ (132) Assume that the variable costs consist of food and packaging, payroll, and 45% of the general, selling, and administrative expenses. 493 a. What is McDon b....
Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): Sales $14,400 $3,960 Food and packaging Payroll 3,800 Occupancy (rent, depreciation, etc.) General, selling, and admin. expenses 8 INN Other expense 10 Total expenses 70 Operating income (loss) Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Enter your answer in million,...
The Greenback Store’s cost structure is dominated by variable
costs with a contribution margin ratio of 0.40 and fixed costs of
$100,800. Every dollar of sales contributes 40 cents toward fixed
costs and profit. The cost structure of a competitor, One-Mart, is
dominated by fixed costs with a higher contribution margin ratio of
0.70 and fixed costs of $244,800. Every dollar of sales contributes
70 cents toward fixed costs and profit. Both companies have sales
of $480,000 for the month....
Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): Sales $15,500 Food and packaging $5,480 Payroll 4,100 Occupancy (rent, depreciation, etc.) 3,520 General, selling, and admin. expenses 2,400 Other expense 310 Total expenses (15,810) Operating income (loss) $(310) Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Enter your answer in...
Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): $32,500 Sales Food and packaging Payroll Occupancy (rent, depreciation, etc.) General, selling, and admin. expenses Other expense Total expenses Operating income (loss) $7,925 8,600 10,975 5,000 650 (33,150) $(650) Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Enter your answer in...
Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions) Sales $32,700 Food and packaging $8,593 Payroll 8,700 Occupancy (rent, depreciation, etc.) 10,407 General, selling, and admin. expenses 5,000 Other expense 650 Total expenses (33,350) $(650) Operating income (loss) Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Enter your answer in...
Spring Company’s cost structure is dominated by variable costs with a contribution margin ratio of 0.40 and fixed costs of $88,500. Every dollar of sales contributes 40 cents toward fixed costs and profit. The cost structure of a competitor, Winters Company, is dominated by fixed costs with a higher contribution margin ratio of 0.70 and fixed costs of $265,500. Every dollar of sales contributes 70 cents toward fixed costs and profit. Both companies have sales of $590,000 per month. Required:...