Homework Answers
| Cover-to- Cover | Biblio File | |
| Company | Company | |
| Contribution Margin Ratio | 20.00% | 40.00% |
| Units Contribution Margin | 1.00 | 2.00 |
| Break-even Sales (Units) | 19,700.00 | 49,250.00 |
| Break-even Sales (Dollars) | $ 98,500.00 | $ 246,250.00 |
| Explanation | ||||||
| 1 | Contribution Margin Ratio | |||||
| = | Contribution Margin | / | Sales | |||
| Cover-to- Cover Company | = | $ 78,800.00 | / | $ 394,000.00 | = | 20.00% |
| Biblio File Company | = | $ 157,600.00 | / | $ 394,000.00 | = | 40.00% |
| 2 | Units Contribution Margin | |||||
| = | Contribution Margin | / | Units sold | |||
| Cover-to- Cover Company | = | $ 78,800.00 | / | 78,800.00 | = | 1.00 |
| Biblio File Company | = | $ 157,600.00 | / | 78,800.00 | = | 2.00 |
| 3 | Break-even sales (Units) | |||||
| = | Fixed Costs | / | Contribution Margin per unit | |||
| Cover-to- Cover Company | = | 19,700.00 | 1.00 | = | 19,700.00 | |
| Biblio File Company | = | 98,500.00 | 2.00 | = | 49,250.00 | |
| 4 | Break-even sales (Dollars) | |||||
| = | Fixed Costs | / | Contribution Margin Ratio | |||
| Cover-to- Cover Company | = | 19,700.00 | 20.00% | = | $ 98,500.00 | |
| Biblio File Company | = | 98,500.00 | 40.00% | = | $ 246,250.00 | |
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Contribution Margin Review the contribution margin income statements for Cover-to-Cover Company and Biblio Files Company on...
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The company has compiled the following cost data, and wants your
help in determining the cost behavior. After reviewing the data,
complete requirements (1) and (2) that follow
.
2. For each cost, determine the fixed portion
of the cost, and the per-unit variable cost. If there is no amount
or an amount is zero, enter "0". Recall that, for N = Number of
Units Produced, Total Costs = (Variable Cost...
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