Contribution margin ratio = 100% - Variable cost ratio = 100% - 62% = 38% OPTION D IS THE ANSWER |
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QUESTION 26 If sales are $425,000, variable costs are 62% of sales, and operating income is...
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 30 Bryce Co. sales are $914,000, variable costs are $498,130, and operating income is $196,000. What is the contribution margin ratio? a. 28.4% b.52.2% c. 45.5% d.54.5%
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 art $795,000, variable costs are 76% of sales, and operating income is $268,000, what is the contribution margin ratio? a. 72% b. 76% c. 24% d. 28% Previous Next > All work saved Email Instructor Submit Test for Grading
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%
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%
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
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%
Question 50 If sales are $820,000, variable costs are 55% of sales, and operating income is $260,000, what is the contribution margin ratio? a. 55% b. 32% c. 45% d. 62% 1 points Question 51 The three most common cost behavior classifications are a. variable costs, period costs, and differential costs b. variable costs, product costs, and sunk costs c. fixed costs, variable costs, and mixed costs d. variable costs, sunk costs, and opportunity costs 1 points Question 52 In...