Homework Answers
|
a(1) CULLUMBER MONOGRAMS |
||
| COMPUTATION OF CONTRIBUTION MARGIN RATIO | ||
| Amount ($) | Amount ($) | |
| TOTAL SALES | $100*3300 | 330000 |
| VARIABLE COST | 40% | 132000 |
| CONTRIBUTION | 198000 | |
| CONTRIBUTION MARGIN RATIO | 198000/330000 | 60% |
a)
| sugar glazed | cream filled | giant sized | ||
| SALES | 0.78 | 0.94 | 1.1 | |
| VARIABLE COST | 0.62 | 0.66 | 0.7 | |
| CONTRIBUTION | 0.16 | 0.28 | 0.4 | |
| FIXED COST | 2,80,800.00 | |||
| BREAK EVEN POINT (VALUE) | 4,56,300.00 | 3,66,600.00 | 2,14,500.00 | 10,37,400.00 |
| - | ||||
| BREAK EVEN POINT (UNITS) | 5,85,000.00 | 3,90,000.00 | 1,95,000.00 | 11,70,000.00 |
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Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable costs are 40% of sales, fixed costs are $116,000 per month. X Your answer is incorrect. What is Cullumber's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.) 193333.33 Breakeven sales e Textbook and Media Assistance...
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