Sally Company sells 29,000 units at $31 per unit. Variable costs are $20.15 per unit, and fixed costs are $132,200.
Determine (a) the contribution margin ratio, (b) the unit
contribution margin, and (c) income from operations.
Homework Answers
| Units | Per unit | Total | % of sales | ||
| Sales | 29,000.00 | 31 | 8,99,000.00 | 100% | |
| Variable cost | 29,000.00 | 20.15 | 5,84,350.00 | 65% | |
| Contribution | 29,000.00 | 10.85 | 3,14,650.00 | 35% (Contribution Margin ratio) | |
| Fixed cost | 1,32,000.00 | ||||
| Income from Operations | 1,82,650.00 | ||||
Add Answer to:
Sally Company sells 29,000 units at $31 per unit. Variable costs
are $20.15 per unit, and...
Contribution Margin Sally Company sells 30,000 units at $49 per unit. Variable costs are $29.40 per...
Contribution Margin Sally Company sells 30,000 units at $49 per unit. Variable costs are $29.40 per unit, and fixed costs are $341,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operations
Willie Company sells 32,000 units at $22 per unit. Variable costs are $13.86 per unit, and...
Willie Company sells 32,000 units at $22 per unit. Variable costs are $13.86 per unit, and fixed costs are $153,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $
Harry Company sells 40,000 units at $33 per unit. Variable costs are $22.77 per unit, and...
Harry Company sells 40,000 units at $33 per unit. Variable costs are $22.77 per unit, and fixed costs are $241,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $
Willie Company sells 32,000 units at $25 per unit. Variable costs are $14.25 per unit, and...
Willie Company sells 32,000 units at $25 per unit. Variable costs are $14.25 per unit, and fixed costs are $175,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations
Willie Company sells 33,000 units at $40 per unit. Variable costs are $24.4 per unit, and...
Willie Company sells 33,000 units at $40 per unit. Variable costs are $24.4 per unit, and fixed costs are $257,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $
Contribution Margin Harry Company sells 21,000 units at $50 per unit. Variable costs are $33.50 per...
Contribution Margin Harry Company sells 21,000 units at $50 per unit. Variable costs are $33.50 per unit, and fixed costs are $142,100. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations
Contribution Margin Willie Company sells 15,000 units at $21 per unit. Variable costs are $14.28 per...
Contribution Margin Willie Company sells 15,000 units at $21 per unit. Variable costs are $14.28 per unit, and fixed costs are $54,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $
Contribution Margin United Merchants Company sells 19,000 units at $49 per unit. Variable costs are $41.65 per unit, an...
Contribution Margin United Merchants Company sells 19,000 units at $49 per unit. Variable costs are $41.65 per unit, and fixed costs are $60,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operations
Contribution Margin Harry Company sells 31,000 units at $22 per unit. Variable costs are $12.76 per...
Contribution Margin Harry Company sells 31,000 units at $22 per unit. Variable costs are $12.76 per unit, and fixed costs are $131,800 Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) c. Income from operations 0 per unit
Contribution Margin Molly Company sells 32,000 units at $25 per unit. Variable costs are $14.00 per...
Contribution Margin Molly Company sells 32,000 units at $25 per unit. Variable costs are $14.00 per unit, and fixed costs are $130,200. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) X % b. Unit contribution margin (Round to the nearest cent.) per unit C. Income from operations . Feedback
Contribution Margin Sally Company sells 30,000 units at $49 per unit. Variable costs are $29.40 per unit, and fixed costs are $341,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operations
Contribution Margin United Merchants Company sells 19,000 units at $49 per unit. Variable costs are $41.65 per unit, and fixed costs are $60,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operations
Contribution Margin Harry Company sells 31,000 units at $22 per unit. Variable costs are $12.76 per unit, and fixed costs are $131,800 Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) c. Income from operations 0 per unit
Contribution Margin Molly Company sells 32,000 units at $25 per unit. Variable costs are $14.00 per unit, and fixed costs are $130,200. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) X % b. Unit contribution margin (Round to the nearest cent.) per unit C. Income from operations . Feedback
Most questions answered within 3 hours.
-
Would the color red look different if you were immersed in water
rather than in air?
asked 4 minutes ago -
A steel piping is to be produced by centrifugal casting. The
length is 3.5 meters and...
asked 7 minutes ago -
3...
The following information was taken from Indriks Company’s cash
budget for the month of July:...
asked 20 minutes ago -
Country Company had the following partially completed payroll
register:
Partial payroll register:
Earnings
Withholdings
Salaries
Beginning...
asked 24 minutes ago -
I
have to separate 5 ions into 5 different test tubes
-> I CAN’T MAKE THE...
asked 33 minutes ago -
Juanita took a business trip from Houston to New York. She
worked for 4 days, then...
asked 32 minutes ago -
4. If we had
assumed the q for the calorimeter to be zero, would this have...
asked 41 minutes ago -
The following table reports real income per person for several
different economies in the years 1960...
asked 39 minutes ago -
Since the Great Recession, the trade deficit has been
decreasing
staying about the same
increasing
none...
asked 39 minutes ago -
A rigid tank contains 1.60 moles of an ideal gas. Determine the
number of moles of...
asked 43 minutes ago -
There are four different math books, six statistics and two
physics books which should be accommodated...
asked 1 hour ago -
QUESTION 17
The Age Discrimination in Employment Act prohibits specific
employers from discriminating against persons who...
asked 59 minutes ago