Homework Answers
Contribution margin = Sales-Variable cost
Contribution margin ratio = Contribution margin/Sales
So answer is b) Contribution margin divided by Sales
Add Answer to:
Multiple Choice Question 43 The contribution margin ratio is O sales divided by fixed expenses. contribution...
Multiple Choice Question 44 For Sheffield Corp., sales is $700000, variable expenses are $301000, and fixed...
Multiple Choice Question 44 For Sheffield Corp., sales is $700000, variable expenses are $301000, and fixed expenses are $140000. Sheffield's contribution margin ratio is O 37%. O 57%. 43% O 20%. Question Attempts: Multiple Choice Question 44 For Sheffield Corp., sales is $700000, variable expenses are $301000, and fixed expenses are $140000. Sheffield's contribution margin ratio is O 37%. O 57%. 43%. 20% Question Attempts:
Multiple Choice Question 52 For Bramble Corp., sales is $4000000, fixed expenses are $900000, and the...
Multiple Choice Question 52 For Bramble Corp., sales is $4000000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $300000? O $3333333 O $2500000 O $11111111 $833333
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $51,000. Assuming that...
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $51,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating Income in a month when sales are $144,000? Multiple Choice Ο Ο 586,400 Ο Ο 58, Ο 535,400 Ο Ο $93,000 Serfass Corporation's contribution format Income statement for July appears below. Sales $369,000 Variable expenses 147, 600 Contribution margin 221,400 Fixed expenses 55, 350 Net operating income...
Multiple Choice Question 52 For Sheridan Company, sales is $3500000, fixed expenses are $900000, and the...
Multiple Choice Question 52 For Sheridan Company, sales is $3500000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $600000? $1666667 $2500000 $4166667 $9722222
Multiple Choice Question 153 At the break-even point, O contribution margin equals total variable costs. O...
Multiple Choice Question 153 At the break-even point, O contribution margin equals total variable costs. O sales equal total fixed costs. O sales equal total variable costs. O contribution margin equals total fixed costs. Click if you would like to Show Work for this question: Open Show Work! Question Atte bice hoice Type here to search
Multiple Choice Question 45 For Sheffield Corp., sales is $1500000, fixed expenses are $270000, and the...
Multiple Choice Question 45 For Sheffield Corp., sales is $1500000, fixed expenses are $270000, and the contribution margin per unit is $60. What is the break-even point? O O $450000 sales dollars $250000 sales dollars 25000 units 4500 units Question Attempts:
Multiple Choice Question 88 If a company had a contribution margin of $2100000 and a contribution...
Multiple Choice Question 88 If a company had a contribution margin of $2100000 and a contribution margin ratio of 30%, total variable costs must have been O $7000000 $1470000. $630000. O $4900000.
Hel Contribution margin is: Multiple Choice Sales less cost of goods sold Sales less variable production,...
Hel Contribution margin is: Multiple Choice Sales less cost of goods sold Sales less variable production, variable selling, and variable administrative expenses Sales less variable production expense. Sales less all variable and fixed expenses. < Prex 40,10 İİİ Next > MacBook Air 名0 0
Creswell Corporation's fixed monthly expenses are $28 500 and its contribution margin ratio is 63% Assuming...
Creswell Corporation's fixed monthly expenses are $28 500 and its contribution margin ratio is 63% Assuming that the wed monthly expenses do not change what is the best estimate of the company's net operating income in a month when sales are $89,000? Multiple Choice o О илоо С o арто o O saьто o S60,soo
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $45,500. If the...
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $45,500. If the company's sales for a month are $302,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice Ο $208,180 Ο $2,820 Ο S48,320 Ο $256,500
Multiple Choice Question 44 For Sheffield Corp., sales is $700000, variable expenses are $301000, and fixed expenses are $140000. Sheffield's contribution margin ratio is O 37%. O 57%. 43% O 20%. Question Attempts: Multiple Choice Question 44 For Sheffield Corp., sales is $700000, variable expenses are $301000, and fixed expenses are $140000. Sheffield's contribution margin ratio is O 37%. O 57%. 43%. 20% Question Attempts:
Multiple Choice Question 52 For Bramble Corp., sales is $4000000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $300000? O $3333333 O $2500000 O $11111111 $833333
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $51,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating Income in a month when sales are $144,000? Multiple Choice Ο Ο 586,400 Ο Ο 58, Ο 535,400 Ο Ο $93,000 Serfass Corporation's contribution format Income statement for July appears below. Sales $369,000 Variable expenses 147, 600 Contribution margin 221,400 Fixed expenses 55, 350 Net operating income...
Multiple Choice Question 52 For Sheridan Company, sales is $3500000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $600000? $1666667 $2500000 $4166667 $9722222
Multiple Choice Question 153 At the break-even point, O contribution margin equals total variable costs. O sales equal total fixed costs. O sales equal total variable costs. O contribution margin equals total fixed costs. Click if you would like to Show Work for this question: Open Show Work! Question Atte bice hoice Type here to search
Multiple Choice Question 45 For Sheffield Corp., sales is $1500000, fixed expenses are $270000, and the contribution margin per unit is $60. What is the break-even point? O O $450000 sales dollars $250000 sales dollars 25000 units 4500 units Question Attempts:
Multiple Choice Question 88 If a company had a contribution margin of $2100000 and a contribution margin ratio of 30%, total variable costs must have been O $7000000 $1470000. $630000. O $4900000.
Hel Contribution margin is: Multiple Choice Sales less cost of goods sold Sales less variable production, variable selling, and variable administrative expenses Sales less variable production expense. Sales less all variable and fixed expenses. < Prex 40,10 İİİ Next > MacBook Air 名0 0
Creswell Corporation's fixed monthly expenses are $28 500 and its contribution margin ratio is 63% Assuming that the wed monthly expenses do not change what is the best estimate of the company's net operating income in a month when sales are $89,000? Multiple Choice o О илоо С o арто o O saьто o S60,soo
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $45,500. If the company's sales for a month are $302,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice Ο $208,180 Ο $2,820 Ο S48,320 Ο $256,500
Most questions answered within 3 hours.
-
A mass m = 5 kg is tied on one end of a rope and is...
asked 1 minute ago -
The Average sales price of single-family houses in Charlotte is
$210,000 with a standard deviation of...
asked 9 minutes ago -
Target Costing
Laser Impressions, Inc., manufactures color laser printers.
Model J20 presently sells for $225 and...
asked 15 minutes ago -
a bottle cap manufacturer with four machines and six operators
wants to see if variation in...
asked 1 hour ago -
State Farm Insurance studies show that in Colorado, 55% of the
auto insurance claims submitted for...
asked 1 hour ago -
Complete the following reactions which form ethers (A
and B) and cyclic ethers (C-E) as major...
asked 2 hours ago -
in a perfectly elastic collision what is the velocity of ball A
if the original direction...
asked 2 hours ago -
PLEASE ANSWER ALL
1) The pressure of the atmosphere decreases with increasing
altitude in the
Choose...
asked 2 hours ago -
A simple random sample of 25,000 individuals are surveyed in
order to determine the prevalence of...
asked 2 hours ago -
People who do very detailed work close up, such as jewelers,
often can see objects clearly...
asked 2 hours ago -
14 years ago, Blue Lake Corp. issued 30 year to maturity
zero-coupon bonds with a par...
asked 2 hours ago -
Warnerwoods Company uses a perpetual inventory system. It
entered into the following purchases and sales transactions...
asked 2 hours ago