Contribution margin = Sales - Variable costs
Here variable cost is 76%. so contribution margin ratio will be 24%
Answer is C. 24%
You can reach me over comment box if you have any doubts. Please
rate this answer
If sales art $795,000, variable costs are 76% of sales, and operating income is $268,000, what...
1 fixed costs are $278,000, the unit selling price is $128, and the unit variable costs are $76, the break-even sales (units) is ca. 3,658 units b. 2,172 units c. 1,363 units Cd. 5,346 units Previous Next > All work saved Email Instructor Submit Test for Grading MacBook Air Lylul,
If sales are $797,000, variable costs are 70% of sales, and operating income is $265,000, what is the contribution margin ratio? a.66% b.30% c.34% d.70%
If sales are $811,000, variable costs are 70% of sales, and operating income is $247,000, what is the contribution margin ratio? ca. 30% b. 34% OC. 66% d. 70%
If sales are $808,000, variable costs are 60% of sales, and operating income is $228,000, what is the contribution margin ratio? Oa. 60% Ob. 44% Oc. 56% Od. 40%
If sales are $820,000, variable costs are 55% of sales, and operating income is $260,000, what is the contribution margin ratio? a. 45% b. 55% c. 62% d. 32% ________2. A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable costs were 40% of sales, and sales were $1,000,000. Operating profit was: a. $180,000 b. $420,000 c. $1,080,000 d. $980,000 ________3. Bryce Co. sales are $914,000, variable costs are $498,130, and operating...
QUESTION 26 If sales are $425,000, variable costs are 62% of sales, and operating income is $50,000, what is the contribution margin ratio? a. 26.8% b.62% c. 11.8% d.38%
Bryce Co. sales are $869,000, variable costs are $460,800, and operating income is $217,000. What is the contribution margin ratio? Од. 58.2% Ob. 53.096 Ос. 47.096 O d. 42.7%
Bryce Co. sales are $896,000, variable costs are $467,800, and operating income is $255,000. What is the contribution margin ratio? a.47.8% b.43.5% c.57.4% d.52.2%
Bryce Co. sales are $819,000, variable costs are $462,700, and operating income is $267.000. The contribution margin ratio Ca. 43.5% . 39.2% c. 61.7% d. 56.5% 20311 5,345 W
Variable costs as a percentage of sales for Lemon Inc. are 73%, current sales are $647,000, and fixed costs are $190,000. How much will operating income change if sales increase by $37,200? a. $10,044 increase b. $27,156 increase c. $27,156 decrease d. $10,044 decrease If sales are $828,000, variable costs are 80% of sales, and operating income is $209,000, what is the contribution margin ratio? a. 20% b. 80% c. 24% d. 76% Strait Co. manufactures office furniture. During the...