Homework Answers
| Case | Revenues | Variable Costs | Fixed Costs | Total costs | Operating income | Contribution margin | Operating income % | Contribution margin % |
| a | $ 4,250.00 | $ 1,700.00 | $ 1,800.00 | $ 3,500.00 | $ 1,275.00 | $ 2,550.00 | 30% | 60% |
| b | $ 8,000.00 | $ 5,000.00 | $ 1,000.00 | $ 6,000.00 | $ 2,000.00 | $ 3,000.00 | 25% | 37.50% |
| c | $ 6,600.00 | $ 3,500.00 | $ 900.00 | $ 4,400.00 | $ 2,200.00 | $ 3,100.00 | 33.33% | 46.97% |
| d | $ 7,400.00 | $ 2,400.00 | $ 1,800.00 | $ 4,200.00 | $ 3,200.00 | $ 5,000.00 | 43.24% | 67.57% |
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3-21 CVP computations. Fill in the blanks for each of the following independent...
Fill in the blanks for each of the following independent cases. (Click the icon to view...
Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Total Operating Variable Fixed Contribution Costs Costs Costs Case Revenues Income Margin Percentage 500 $ 300 1,800 a. b. 2,200 200 200 800 $ 600 800 C. 1,000 50 % d. 200 Data Table Contribution Variable Fixed...
Fill in the blanks for each of the following independent cases. (Click the icon to view...
Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Total Operating Contribution Case Revenues Costs Costs Costs Income Margin Percentage a. D $ 800 $ 1,000 $ 1,700 b. $ 2,200 $ 200 $ 200 c. $ 700 $ 500 $ 700 % d....
Fill in the blanks for each of the following independent cases. (Click the icon to view...
Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) contribution Margin Percentage % Variable Fixed Total Operating Case Revenues Costs Costs Costs Income a $ 600 $ 1,100 $ 1,700 b. $ 2,400 $ 500 $ 300 C. $ 1,200 $ 700 $ 1,200 d. $...
Fill in the blanks for each of the following independent cases Click the icon to view...
Fill in the blanks for each of the following independent cases Click the icon to view the For entries with a 50 balance, make sure to enter in the appropriate cell Round the contributis argin percentage to the nearest whole nater Operating Variable Costs Feed Costs Total Costs Data Table Case Revenues Margin Percentag $ 500 900 $ 1.200 Contribution Margir Percentage 900 S 1200 S 1100 Enter any number in the prettiest choro
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data...
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round Intermediate calculations. Total Sales Revenue Variable Expenses Fixed Expenses Contribution Margin Break Even Sales Net Income $ 97,000 77,600 97.000 220,000 220,000 47.000 345,000 138,000 15,000 190,000 20,700 60,000
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data...
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue $ 100,000 235,000 - $ 100,000 75,000 235,000 50,000 300,000 220,000 150,000 12,500 + 50,000 21,000
Help Save & Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Che Fill...
Help Save & Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Che Fill in the missing data for each of the following independent cases (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank.be certain to enter"" wherever required.) Skoped Sales Revenue Variable danse Total Contribution Margin Fixed Expenses Not Income B reak Even Sales Revenue S 83 000 150 000 66,4001 33,000 210.000 3.000 150.000 126 000 11.000 55.000 160 000 19,300
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data...
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank - be certain to enter "O" wherever required.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 91,000 72,800 $ 91,000 190,000 190,000 41,000 340,000 136,000 15,000 180,000 20,100 60,000
can someone help me with this question? 3-22 CVP computations. Simplex Inc. sells its product at...
can someone help me with this question?
3-22 CVP computations. Simplex Inc. sells its product at $80 per unit with a contribution margin of 40%. During 2016, Simplex sold 540,000 units of its product; its total fixed costs are $2,100,000. 1. Calculate the (a) contribution margin, (b) variable costs, and (c) operating income. 2. The production manager of Simplex has proposed modernizing the whole production process in order to save labor costs. However, the modernization of the production process will...
Variable Fixed Total Operating Contribution Case Revenues Costs Costs Costs Income Margin Percentage a. $400 $900...
Variable Fixed Total Operating Contribution Case Revenues Costs Costs Costs Income Margin Percentage a. $400 $900 $1,100 b. $2,800 $500 $700 c. $1,200 $700 $1,200 d. $1,800 $500 50 % (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Total Operating Contribution Case Revenues Costs Costs Costs Income Margin Percentage a. $400 $900 $1,100 % Fill in the blanks for each of...
Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Total Operating Variable Fixed Contribution Costs Costs Costs Case Revenues Income Margin Percentage 500 $ 300 1,800 a. b. 2,200 200 200 800 $ 600 800 C. 1,000 50 % d. 200 Data Table Contribution Variable Fixed...
Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Total Operating Contribution Case Revenues Costs Costs Costs Income Margin Percentage a. D $ 800 $ 1,000 $ 1,700 b. $ 2,200 $ 200 $ 200 c. $ 700 $ 500 $ 700 % d....
Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) contribution Margin Percentage % Variable Fixed Total Operating Case Revenues Costs Costs Costs Income a $ 600 $ 1,100 $ 1,700 b. $ 2,400 $ 500 $ 300 C. $ 1,200 $ 700 $ 1,200 d. $...
Fill in the blanks for each of the following independent cases Click the icon to view the For entries with a 50 balance, make sure to enter in the appropriate cell Round the contributis argin percentage to the nearest whole nater Operating Variable Costs Feed Costs Total Costs Data Table Case Revenues Margin Percentag $ 500 900 $ 1.200 Contribution Margir Percentage 900 S 1200 S 1100 Enter any number in the prettiest choro
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round Intermediate calculations. Total Sales Revenue Variable Expenses Fixed Expenses Contribution Margin Break Even Sales Net Income $ 97,000 77,600 97.000 220,000 220,000 47.000 345,000 138,000 15,000 190,000 20,700 60,000
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue $ 100,000 235,000 - $ 100,000 75,000 235,000 50,000 300,000 220,000 150,000 12,500 + 50,000 21,000
Help Save & Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Che Fill in the missing data for each of the following independent cases (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank.be certain to enter"" wherever required.) Skoped Sales Revenue Variable danse Total Contribution Margin Fixed Expenses Not Income B reak Even Sales Revenue S 83 000 150 000 66,4001 33,000 210.000 3.000 150.000 126 000 11.000 55.000 160 000 19,300
Exercise 7-23 Fill in Blanks; Basic CVP Relationships (LO 7-1, 7-2) Fill in the missing data for each of the following independent cases. (Ignore income taxes.) (Do not round intermediate calculations. Leave no cells blank - be certain to enter "O" wherever required.) Sales Revenue Variable Expenses Total Contribution Margin Fixed Expenses Net Income Break-Even Sales Revenue 91,000 72,800 $ 91,000 190,000 190,000 41,000 340,000 136,000 15,000 180,000 20,100 60,000
can someone help me with this question?
3-22 CVP computations. Simplex Inc. sells its product at $80 per unit with a contribution margin of 40%. During 2016, Simplex sold 540,000 units of its product; its total fixed costs are $2,100,000. 1. Calculate the (a) contribution margin, (b) variable costs, and (c) operating income. 2. The production manager of Simplex has proposed modernizing the whole production process in order to save labor costs. However, the modernization of the production process will...
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