Sales Price | 25 | |||||
Less: | Variable Cost | 19 | (25-6) | |||
Contribution margin | 6 | |||||
Contribution ratio | 24% | Contribution ratio | (Contribution Margin/ Sales) X 100 | |||
(6/25) X 100 | ||||||
Additional Sales | 150 | |||||
Increase in Contribution(Profit) | 36 | |||||
( 150 X 24%) | ||||||
Ruth's Puppy Parlois a pet grooming parlor and boutique. Ruth sells personalized puppy blankets at $25...
betty puppy parlor is a pet grooming parlor and boutique. betty sells personalized puppy blankets at $40 each. her contribution margin is $5. if betty has an additional $120 in blanket sales how much additional contribution margin will this produce?
Jennifer's Puppy Parlor is a pet grooming parlor and boutique. Jennifer sells personalized puppy blankets at $24 each. Her contribution margin is $8. If Jennifer has an additional $120 in blanket sales. how much will her profit increase? O $120 O $8 O $40 O $65 Save for Later Attempts: 0 of used it we MacBook Air 14 11 : . 7 í 2 4 5 6 7 8 E R W T Y Q C O P S TI...
The Pharoah Company sells sports decals that can be personalized with a player's name, team name, and jersey number for $20 each. Pharoah buys the decals from a supplier for $8 each and spends an additional $2 in variable operating costs per decal. The results of last month's operations are as follows: $ 12,000 2,784 Sales revenue Cost of goods sold Gross profit Operating expense Operating income 9,216 2,566 6,650 $ Prepare a contribution format income statement for the Pharoah...