Question

Sav Homework: Chapter 3 Score: 0.33 of 1 pt W E3-21 (similar to) 5 of 9 (6 complete) HW Score: 49 86%, 449 of 9 Question Help Fill in the blanks for each of the following independent cases. B Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter in the appropriate cell Round the contribution margin percentage to the nearest whole percent) Variable Fixed Total Operating Contribution Case Revenues Costs Costs Costs Costs Income Income Margin P Margin Percentage s 600 800 1,200 % a Enter any number in the edit fields and then click Check Answer Check Answer 3 Clear All parts remaining

Answer 1

Case a Case-b Revenue Variable cost Contribution margin Fixed expenses Total costs Operating income Amount Amount $ 1,700 A $ 600 $1,100 C-A-B $ 200 $ 800 E=B+D $ 900 C-D Revenue Variable cost Contribution margin Fixed expenses Total costs Operating income Amount Amount $ 2.500 $ 1,600 s 900 C=A-B $ 200 $ 1,800 E=B+D $ 700C-D Contribution margin % Contribution/Sales Contribution margin % Contribution/Sales = 1100 / 1700 = 900 / 2500 64.71% 36.00% Total costs = Fixed costs + Variable costs Operating income = Contribution Margin - Fixed expenses 800 = Fixed costs + 600 700 = Contribution Margin - $ 200 Fixed Costs $ 200 Contribution margin $ 900 Operating income = Contribution Margin - Fixed expenses Contribution margin Revenue - Variable cost 1,300 = Contribution Margin - $ 200 900 $ 2.500- Variable cost Contribution margin $ 1,100 Variable cost = $ 2,500 - $ 900 Contribution margin Revenue - Variable cost $ 1,600 1,100 Revenue - $ 600 Total costs = Fixed costs + Variable costs Revenue = $ 1,100 + $ 600 = $ 200 + $ 1,600 $ 1,700 Total costs $ 1.800

Case c Case d Revenue Variable cost Contribution margin Fixed expenses Total costs Operating income Amount Amount $ 700 A $ 500 S 200 C=A-B $ 200 $ 700 E=B+D S C -D Revenue Variable cost Contribution margin Fixed expenses Total costs Operating income Amount Amount $ 1.500 $ 900 S600 C=A-B $ 200 $ 1,100 E=B+D $ 400 C-D Contribution margin % Contribution/Sales Contribution margin % Contribution/Sales = 200 / 700 Contribution margin% 40% 28.57% 40% = Contribution/$ 1500 Total costs = Fixed costs + Variable costs Contribution = 1500*40% 700 = Fixed costs + $ 500 $ 600 Fixed Costs $ 200 Contribution margin Revenue - Variable cost Operating income = Contribution Margin - Fixed expenses 600 $ 1,500- Variable cost = $ 200- $ 200 Variable cost =S 1,500 - $ 600 Operating income $ . $ 900 Total costs = Fixed costs + Variable costs = $ 200 + $ 900 Total costs $ 1.100