Homework Answers
Calculate following
| Sales revenue | Variable expenses | Total contribution margin | Fixed expenses | Net income | Break even sales revenue | |
| 1. | 332000+83000 = 415000 | 83000 | 83000*8/2 = 332000 | 66400 | 332000-66400 = 265600 | 83000 |
| 2 | 150000 | 150000-33000 = 117000 | 33000 | 33000 | 0 | 150000 |
| 3 | 126000+210000 = 336000 | 126000 | 210000 | 210000-160000 = 50000 | 160000 | 50000/.625 = 80000 |
| 4 | 55000 | 11000 | 55000-11000 = 44000 | 44000-19300 = 24700 | 19300 | 24700/.80 = 30875 |
1) Contribution margin ratio = 66400/83000 = .80
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