Question

Variable Fixed Total Operating Contribution Case Revenues Costs Costs Costs Income Margin Percentage a. $400 $900...

Variable

Fixed

Total

Operating

Contribution

Case

Revenues

Costs

Costs

Costs

Income

Margin Percentage

a.

$400

$900

$1,100

b.

$2,800

$500

$700

c.

$1,200

$700

$1,200

d.

$1,800

$500

50

%

​(For entries with a​ $0 balance, make sure to enter​ "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole​ percent.)

Variable

Fixed

Total

Operating

Contribution

Case

Revenues

Costs

Costs

Costs

Income

Margin Percentage

a.

$400

$900

$1,100

%

Fill in the blanks for each of the following independent cases.

0 0
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Answer #1

Some formulas relating to this question ,

1. SALES-VARIABLE COST = CONTRIBUTION

2. CONTRIBUTION-FIXEDCOST = PROFIT

3. CONTRIBUTION MARGIN PERCENTAGE = CONTRIBUTION/SALES

4. VARIABLE COST + FIXED COST = TOTAL COST

Here , in this question Operating income means profit and Revenue means Sales

a b c d
Sales 2000 2800 1200 1800

(-) Variable cost

400 1600 700 900

= Contribution

1600 1200 500 900

(-) Fixed cost

500 500 500 500
= Profit 1100 700

0

400

*The numbers being bold are the blanks in question that were to be assessed by me

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