Contribution Margin Ratio = | Contribution Margin*100/ Sales | |||
Sales Revenue | $1,009,000 | |||
Less: Variable Manufacturing cost | $238,000 | |||
Less: Variable Selling and Adminstrative Cost | $115,150 | $353,150 | ($238000+115150) | |
Contribution Margin | $655,850 | ($1009000-$655850) | ||
Contribution Margin Ratio = | $655850*100/$1009000 | |||
65% | ||||
The correct answer is A. 65.0% |
A cement manufacturer has supplied the following data Tons of cent produced and sold Sales en Variable suntacturing...
A cement manufacturer has supplied the following data: Tons of cement produced and sold .... Sales revenue. Variable manufacturing expense.... Fixed manufacturing expense....... Variable selling and administrative expense Fixed selling and administrative expense..... Net operating income...... 260,000 $1,118,000 $429,000 $288,000 $91,000 $228,000 $82,000 Required: a. What is the company's unit contribution margin? b. What is the company's contribution margin ratio? c. If the company increases its unit sales volume by 3% without increasing its fixed expenses, what will total net...
A cement manufacturer has supplied the following data Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income 680,000 $2,788,888 $1,156,000 $ 760,000 $ 272,000 $ 294,000 $ 386,000 The company's contribution margin ratio is closest to: Multiple Choice O 39.0% The company's contribution margin ratio is closest to o o o o
A cement manufacturer has supplied the following data: Tons of cement produced and sold 240,000 Sales revenue $ 1,056,000 Variable manufacturing expense $ 428,000 Fixed manufacturing expense $ 287,000 Variable selling and administrative expense $ 52,000 Fixed selling and administrative expense $ 227,000 Net operating income $ 62,000 What is the company's unit contribution margin? Multiple Choice $2.00 per unit $0.42 per unit $4.40 per unit $2.40 per unit
Question 2 A cement manufacturer has supplied the following data: Tons of cement produced and sold.... Sales revenue Variable manufacturing expense....... Fixed manufacturing expense...... Variable selling and administrative expense Fixed selling and administrative expense ..... Net operating income.... 260,000 $1,118,000 $429,000 $288,000 $91,000 $228,000 $82,000 Required: a. What is the company's unit contribution margin? b. What is the company's contribution margin ratio? c. If the company increases its unit sales volume by 3% without increasing its fixed expenses, what will...
Atle manufacturer has supplied the following data: Boxes of tiles produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income 600,000 $ 4,140,000 $ 2.310,000 $ 310,000 $ 240,000 $ 190.000 $ 630.000 If the company increases its unit sales volume by 5% without increasing its fixed expenses, then total net operating income should be closest to: $31.500 O 709,500 O $157.525 O $661.500
Atile manufacturer has supplied the following data Boxes of tiles produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fored selling and administrative expense Net operating income 600.000 $4140.000 $ 2,310.000 $ 810.000 $ 200.000 $ 150.000 $630,000 If the company increases its unit sales volume by 596 without increasing its foed expenses, then total net operating income should be closest to O $31.500 O $709,500 O 5157.525 O $661,500
A manufacturer of premium wire strippers has supplied the following data: Units produced and sold 580,000 Sales revenue $ 4,176,000 Variable manufacturing expense $ 2,871,000 Fixed manufacturing expense $ 778,000 Variable selling and administrative expense $ 348,000 Fixed selling and administrative expense $ 104,000 Net operating income $ 75,000 The company's degree of operating leverage is closest to: Group of answer choices 55.68 3.65 7.73 12.76
50. A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold Sales revenus Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income 272.000 $ 2.203 200 9 995 200 $ 497.000 $ 262,500 $ 286,000 $ 172,500 The company's contribution margin ratio is closest to Do not round intermediate calculations. Round your answer to whole percentage Oo oo
A company that makes organic fertilizer has supplied the following data: Bags produced and sold 680,000 $5,032,000 Sales revenue $2,295,000 $849,000 $918.000 Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income $480,000 $490.000 The company's degree of operating leverage is closest to: Multiple Choice 3.71 2.71 1.87 10.27 aw
Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $369,000 147,600 221,400 55,350 $166,050 The degree of operating leverage is closest to: Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $31,000 and variable expenses of $10,780. Product X96N had sales of $44,000 and variable expenses of $18,470. The fixed expenses of the entire company were $46,060. The break-even point for...