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Option D 4900000 is the correct answer.
For calculation ref:
Multiple Choice Question 88 If a company had a contribution margin of $2100000 and a contribution...
Multiple Choice Question 88 If a company had a contribution margin of $500000 and a contribution margin ratio of 40%, total variable costs must have been $750000. $1250000. $200000 $300000
Multiple Choice Question 43 The contribution margin ratio is O sales divided by fixed expenses. contribution margin divided by sales. O sales divided by variable expenses. sales divided by contribution margin.
Multiple Choice Question 153 At the break-even point, O contribution margin equals total variable costs. O sales equal total fixed costs. O sales equal total variable costs. O contribution margin equals total fixed costs. Click if you would like to Show Work for this question: Open Show Work! Question Atte bice hoice Type here to search
During a recent fiscal year, Creek Company reported pretax income of $129,000, a contribution margin ratio of 20% and total contribution margin of $440,000. Total variable costs must have been: o $2,845,000. o $1,760,000. o 5645,000. o $1,555,000. o О $2,200,000.
During its most recent fiscal year, Dover, Inc. had total sales of $3,080,000. Contribution margin amounted to $1,440,000 and pretax income was $310,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question? Multiple Choice a. $1,640,000. b. $1,750,000. c. $1,330,000. d. $1,130,000. e. $2,770,000.
Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): Sales $15,500 Food and packaging $5,480 Payroll 4,100 Occupancy (rent, depreciation, etc.) 3,520 General, selling, and admin. expenses 2,400 Other expense 310 Total expenses (15,810) Operating income (loss) $(310) Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Enter your answer in...
Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): $32,500 Sales Food and packaging Payroll Occupancy (rent, depreciation, etc.) General, selling, and admin. expenses Other expense Total expenses Operating income (loss) $7,925 8,600 10,975 5,000 650 (33,150) $(650) Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Enter your answer in...
Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions) Sales $32,700 Food and packaging $8,593 Payroll 8,700 Occupancy (rent, depreciation, etc.) 10,407 General, selling, and admin. expenses 5,000 Other expense 650 Total expenses (33,350) $(650) Operating income (loss) Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Enter your answer in...
Contribution Margin and Contribution Margin Ratio For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): Sales $14,400 $3,960 Food and packaging Payroll 3,800 Occupancy (rent, depreciation, etc.) General, selling, and admin. expenses 8 INN Other expense 10 Total expenses 70 Operating income (loss) Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Enter your answer in million,...
E11-10 Contribution margin and contribution margin ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales a expenses (in millions): $16,488 TL $5,552 4,400 4,025 Sales Food and packaging Payroll Occupancy (rent, depreciation, etc.) General, selling, and admin. expenses Other expense Total expenses Operating income (loss) 2,434 209 (16,620) $ (132) Assume that the variable costs consist of food and packaging, payroll, and 45% of the general, selling, and administrative expenses. 493 a. What is McDon b....