Contribution margin ratio = (Sales - Variable cost) / Sales
= ($869000 - 460800) / $869000
= 47.0%
Option c. is correct answer.
Bryce Co. sales are $869,000, variable costs are $460,800, and operating income is $217,000. What is...
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Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 76,800 $ 16,200 Per Unit $ 20 14 $ 6 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $34,200? 3-b. Verify your answer by preparing a...