The contribution margin formula is = (Total revenue-variable cost) or contribution margin/sales
So the answer will be
Contribution margin stated as a percentage of sales
TB MC Qu.5-92 (Static) The contribution margin ratio is: 3 The contribution margin ratio is: 15...
TB MC Qu. 6-26 (Static) The profit equation is: 14 The profit equation is: 15 points Multiple Choice cBook (Unit price *Q) - (Unit variable costs) - Total fixed costs = Profit References O (Unit price ) - (Unit variable costs *) + Total fixed costs = Profit (Unit price - Unit variable costs - Total fixed costs) Q = Profit (Unit price * ) + (Unit variable costs *Q) + Total fixed costs = Profit
TB MC Qu.5-45 (Static) The cost estimating approach that involves "eye... 7 The cost estimating approach that involves "eye-balling the closest fitting line to the data is the 15 points Multiple Choice cBook scattergraph method. References high-low method. visual fit method. regression analysis
TB MC Qu.5-69 (Static) Regression analysis is a cost-estimating... 10 Regression analysis is a cost-estimating approach that uses to find the cost line. 15 points Multiple Choice cBook only two data points References all available data points only four data points O personal intuition
MC Qu. 114 Maroon Company's contribution... Maroon Company's contribution margin ratio is 32%. Total fixed costs are $124,800. What is Maroon's break-even point in sales dollars? Multiple Choice $39,936 $164736 $124,800 $225,264
MC Qu. 3-30 A product has a contribution margin of... A product has a contribution margin of $9 per unit and a selling price of $20 per unit. Fixed costs are $45,000. Assuming new technology increases the unit contribution margin by 60 percent but increases total fixed costs by $16,920, what is the new breakeven point in units? Multiple Choice 0 5,400 units 0 5,000 units 0 4,300 units C ) 5,940 units
TB MC Qu. 04-96 A company's gross profit... A company's gross profit (or gross margin) was $126,910 and its net sales were $494,200. Its gross margin ratio is: Multiple Choice 1:13 74.3% 8.9% $126.910 25.7% $367.290 < Prev 4 of 12 Next >
TB MC Qu.5-33 (Static) A mixed cost: A mixed cost Multiple Choice is fixed over a wider range of activity than a step cost. is a fixed cost over the relevant range and a variable cost everywhere else. contains both fixed and variable components. always increases on a per unit basis.
5 PA5-4 (Algo) Predicting Cost Behavior, Calculating Contribution Margin and Contribution Margin Ratio, Calculating Profit [LO 5-1, 5-5) 6.66 points Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $640. 3. Calculate net operating income (loss) at each of the...
TB MC Qu. 12-63 Fabri Corporation is considering eliminating ... Fabri Corporation is considering eliminating a department that has an annual contribution margin of $27,000 and $73,000 in annual fixed costs. Of the fixed costs, $16,500 cannot be avoided. The annual financial advantage (disadvantage) for the company of eliminating this department would be: 3.12 points (8 01:08:51 Multiple Choice ($46,000) $46,000 ($29,500) $29,500 Chapter 12 Quiz i Help Save & Exit Submit TB MC Qu. 12-64 The management of Furrow...
another answer choice was 202,000 TB MC Qu. 1-182 (Static) Vignana Corporation manufactures... Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for last year: Cost of clay used in production Wages paid to the workers who paint the figurines Wages paid to the sales manager's secretary Cost of junk mail advertising What is the total of the direct costs above? Multiple Choice $65,000 $112,000 $155,000