Solution
Blanc Company | Noir Company | |
Sales | $ 648,000 | $ 648,000 |
Variable costs | $ 388,800 | $ 324,000 |
Contribution margin | $ 259,200 | $ 324,000 |
Fixed costs | $ 189,000 | $ 243,000 |
Net income/(loss) | $ 70,200 | $ 81,000 |
The fixed cost remains same when sales increase but variable cost increase proportionately.
View Policies Show Attempt History Current Attempt in Progress The following CVP income statements are available...
The following CVP income statements are available for Blanc Company and Noir Company. Sales Variable costs Contribution margin Fixed costs Net income Blanc Company Noir Company $515,000 $515,000 309,000 257,500 206,000 257,500 185,400 236,900 $20,600 $20,600 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company e Textbook and Media Compute the break-even point in dollars for each company. (Round answers to 0 decimal places, e.g. 5,125.) Break-even Point Blanc Company...
*Problem 20-5A The following CVP income statements are available for Blanc Company and Noir Company. Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $ 527,000 295,120 231,880 170,000 $ 61,880 Noir Company $ 527,000 205,530 321,470 259,590 $ 61,880 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company Compute break-even point in dollars for each company. (Round answers to O decimal places, e.g. 1,225.) Break-even Point Blanc...
The following CVP income statements are available for Blanc Company and Noir Company Sales Variable costs Contribution margin Fixed costs Net income Blanc Company Noir Company $465,000 5465,000 279.000 232.500 186,000 232.500 178,560 225.060 57,440 $7,440 ✓ Your answer is correct. Calculate Contribution margin ratio. (Round answers to 2 decimal places, eg. 0.32.) Contribution Margin Ratio Blanc Company Noir Company 50 e Textbook and Media Your answer is correct. Compute the break-even point in dollars for each company. (Round answers...
The following CVP income statements are available for Blanc Company and Noir Company. Sales Variable costs Contribution margin Fixed costs Net income Blanc Company Noir Company $465.000 $465.000 279,000 232,500 186,000 232,500 178,560 225,060 $7,440 $7,440 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company e Textbook and Media Compute the break-even point in dollars for each company. (Round answers to O decimal places, e.g. 5,125.) Break-even Point Blanc Company...
The following CVP income statements are available for Blanc Company and Noir Company. Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $560,000 336,000 224,000 196,000 $28,000 Noir Company $560,000 280,000 280,000 252,000 $28,000 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company Compute the break-even point in dollars for each company. (Round answers to 0 decimal places, e.g. 5,125.) Break-even Point Blanc Company $ $ Noir Company...
The following CVP income statements are available for Blanc Company and Noir Company, Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $490,000 294,000 196,000 176,400 $19,600 Noir Company $490,000 245,000 245,000 225,400 $19,600 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company eTextbook and Media Compute the break-even point in dollars for each company. (Round answers to 0 decimal places, e.g. 5,125.) Break-even Point Blanc Company $...
The following CVP income statements are available for Blanc
Company and Noir Company.
Blanc Company
Noir Company
Sales
$470,000
$470,000
Variable costs
282,000
235,000
Contribution margin
188,000
235,000
Fixed costs
169,200
216,200
Net income
$18,800
$18,800
Calculate Contribution margin ratio.
Contribution Margin Ratio
Blanc Company
Noir Company
Compute the break-even point in dollars for each company.
(Round answers to 0 decimal places, e.g.
5,125.)
Break-even Point
Blanc Company
$
Noir Company
$
Compute margin of safety ratio for each company....
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $485,000 $485,000 Variable costs 291,000 242,500 Contribution margin 194,000 242,500 Fixed costs 186,240 234,740 Net income $7,760 $7,760 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company eTextbook and Media Compute the break-even point in dollars for each company. (Round answers to 0 decimal places, e.g. 5,125.) Break-even Point Blanc...
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $485,000 $485,000 Variable costs 291,000 242,500 Contribution margin 194,000 242,500 Fixed costs 186,240 234,740 Net income $7,760 $7,760 Assuming that sales revenue increases by 20%, prepare a CVP income statement for each company. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Blanc Company Noir Company ...
The following CVP income statements are available for Blanc
Company and Noir Company.
Blanc Company
Noir Company
Sales
$500,000
$500,000
Variable costs
280,000
180,000
Contribution margin
220,000
320,000
Fixed costs
170,000
270,000
Net income
$50,000
$50,000
Contribution Margin Ratio
Blanc Company
0.44
Noir Company
0.64
Break-even Point
Blanc Company
$386,364
Noir Company
$421,875
Margin of Safety Ratio
Blanc Company
0.227
Noir Company
0.156
Degree of Operating Leverage
Blanc Company
4.4
Noir Company
6.4
CVP income statement assuming that sales revenue...