Given that the company’s revenues are $3,698,945, the construction costs are $3,186,457, and the overhead costs are $422...
Given that the company’s revenues are $3,698,945, the construction costs are $3,186,457, and the overhead costs are $422,562. a) Calculate the company’s profit from operations for the year and the percentage of the construction revenues that become profit. b) What are the contribution margin and the contribution margin ratio if $45,000 of the overhead is considered variable overhead?
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Given that the company’s revenues are $3,698,945, the construction costs are $3,186,457, and the overhead costs are $422...
A construction company has total revenues of $250,000, total construction costs of $175,000, variable general overhead...
A construction company has total revenues of $250,000, total construction costs of $175,000, variable general overhead of $5,000, and fixed general overhead of $45,000 for the year. What are the contribution margin and the contribution margin ratio for the company?
1. A construction company has total revenues of $650,000, total construction costs of $509,000, and general...
1. A construction company has total revenues of $650,000, total construction costs of $509,000, and general overhead costs of $65,000 for the year. Determine the profit and overhead mark-up for a company that wants to maintain a 8% gross profit margin.
For the month of August, Pink Nights generated sales of $400,053. The company’s variable cost of...
For the month of August, Pink Nights generated sales of $400,053. The company’s variable cost of goods sold for the month totaled $170,300, including variable overhead of $25,600. Total overhead for the month was $56,200. The company also incurred variable selling and administrative costs of $12,521 and fixed selling and administrative costs of $45,000. Calculate the manufacturing margin. Calculate the contribution margin. Calculate the income from operations.
Given the information provided, do the requirements listed: Karney Company has revenues of $500,000, variable costs...
Given the information provided, do the requirements listed: Karney Company has revenues of $500,000, variable costs of $350,000, and fixed costs of $135,000. The sales price per unit is $100 and the Variable Cost per unit is $70, at this level of sales the Fixed Costs per unit is $27. A. Compute the Contribution Margin per unit and the Contribution Margin Ratio. B. Compute total units and sales dollars needed to break-even. C. Compute total sales dollars needed to achieve...
The operating revenues of the three largest business segments for Time Warner, Inc., for a recent...
The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Turner (cable networks and digital media) $77,100 Home Box Office (pay television) 85,500 Warner Bros. (films, television, and videos) 64,700 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 37% Home Box Office...
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner,...
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Turner (cable networks and digital media) $15,000 Home Box Office (pay television) 20,000 Warner Bros. (films, television, and videos) 75,400 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 42%...
Revenues $ 500,000 250,000 250,000 $ Cost of goods sold (all variable costs) Gross margin Operating...
Revenues $ 500,000 250,000 250,000 $ Cost of goods sold (all variable costs) Gross margin Operating costs: Salaries fixed Sales commissions (9% of sales) Depreciation on equipment and fixtures Store rent ($4,500 per month) Other operating costs 190,000 45,000 14,000 54,000 50,000 353,000 $ (103,000) Operating income (loss) Neylon Men's Clothing's revenues and cost data for 2017 are as follows: Click the icon to view the data.) Mr. Neylon, the owner of the store, is unhappy with the operating results....
The operating revenues of the three largest business segments for Time Warner, Inc., for a recent...
The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Turner (cable networks and digital media) $64,300 Home Box Office (pay television) 46,200 Warner Bros. (films, television, and videos) 64,000 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 44% Home Box Office...
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner,...
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Turner (cable networks and digital media) $64,200 87,100 Home Box Office (pay television) Warner Bros. (films, television, and videos) 76,600 Assume that the variable costs as a percent of sales for each segment are as follows: 34%...
Spring Company’s cost structure is dominated by variable costs with a contribution margin ratio of 0.40...
Spring Company’s cost structure is dominated by variable costs with a contribution margin ratio of 0.40 and fixed costs of $88,500. Every dollar of sales contributes 40 cents toward fixed costs and profit. The cost structure of a competitor, Winters Company, is dominated by fixed costs with a higher contribution margin ratio of 0.70 and fixed costs of $265,500. Every dollar of sales contributes 70 cents toward fixed costs and profit. Both companies have sales of $590,000 per month. Required:...
A construction company has total revenues of $250,000, total construction costs of $175,000, variable general overhead of $5,000, and fixed general overhead of $45,000 for the year. What are the contribution margin and the contribution margin ratio for the company?
Given the information provided, do the requirements listed: Karney Company has revenues of $500,000, variable costs of $350,000, and fixed costs of $135,000. The sales price per unit is $100 and the Variable Cost per unit is $70, at this level of sales the Fixed Costs per unit is $27. A. Compute the Contribution Margin per unit and the Contribution Margin Ratio. B. Compute total units and sales dollars needed to break-even. C. Compute total sales dollars needed to achieve...
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Turner (cable networks and digital media) $15,000 Home Box Office (pay television) 20,000 Warner Bros. (films, television, and videos) 75,400 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 42%...
Revenues $ 500,000 250,000 250,000 $ Cost of goods sold (all variable costs) Gross margin Operating costs: Salaries fixed Sales commissions (9% of sales) Depreciation on equipment and fixtures Store rent ($4,500 per month) Other operating costs 190,000 45,000 14,000 54,000 50,000 353,000 $ (103,000) Operating income (loss) Neylon Men's Clothing's revenues and cost data for 2017 are as follows: Click the icon to view the data.) Mr. Neylon, the owner of the store, is unhappy with the operating results....
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Turner (cable networks and digital media) $64,200 87,100 Home Box Office (pay television) Warner Bros. (films, television, and videos) 76,600 Assume that the variable costs as a percent of sales for each segment are as follows: 34%...
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