how are contribution revenues reconized
Homework Answers
The contribution revenue is recognized only if the beneficiary has an unconditional right to the cash flows associated with the contribution.
The contribution revenue is recognized at the time when the right to the associated cash flows is established. The amount is measured is the present value of the expected cash flow.
If the contribution is conditional, the revenue is not recorded until it becomes unconditional.
If the revenue is unconditional, it is recorded as soon as the contribution is made at the present value of the future cash flows.
What is contribution margin equal to on a contribution margin income statement? A. Sales revenues minus...
What is contribution margin equal to on a contribution margin income statement? A. Sales revenues minus fixed expenses B. Fixed expenses plus variable expenses C. Sales revenues minus variable expenses D. Fixed expenses minus variable expenses
how would i solve the contribution revenues am i missing anythin? Presented below is a partially...
how would i solve the contribution revenues
am i missing anythin?
Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of Activitie In any missing amounts as needed. Answer is not complete. CENTERVILLE AREA HOMELESS SHELTER Statement of Activities For the Year Ended December 31, 2020 Net Assets Net Assets without Donor with Donor Restrictions Restrictions Total Revenues 1,582,510 Contribution revenues Net assets released from restrictions Total revenues Expenses Temporary shelter program 27,000...
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%...
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. (TWX), 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) $11,364 Turner (cable networks and digital media) Home Box Office (pay television) Warner Bros. (films, television, and videos) 5,890 13,037 Assume that the variable costs as a percent of sales for each segment are as follows:...
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%...
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...
Question 2. Contribution margin, decision making. McCarthy Men's Clothing's revenues and cost data for 2014 are...
Question 2. Contribution margin, decision making. McCarthy Men's Clothing's revenues and cost data for 2014 are as follows: $500,000 250,000 250,000 Revenues Cost of goods sold Gross margin Operating costs: Salaries fixed Sales commissions (11% of sales) Depreciation of equipment and fixtures Store rent ($4,000 per month) Other operating costs Operating income (loss) $160,000 55,000 15,000 48,000 40,000 |_ 318,000 $(68,000) Mr. McCarthy, the owner of the store, is unhappy with the operating results. An analysis of other operat-ing costs...
Bargain Town reported sales revenues of $773,500, a total contribution margin of $246,500, and fixed costs...
Bargain Town reported sales revenues of $773,500, a total contribution margin of $246,500, and fixed costs of $230,000. If sales volume amounted to 8,500 units, the company's variable cost per unit must have been:
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs...
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs of $300,000. If sales volume amounted to 13,000 units, the company's variable cost per unit must have been: Multiple Choice
Corp.'s breakeven point is revenues of $1,600,000. Fixed costs are $640,000. Compute the contribution margin percentage....
Corp.'s breakeven point is revenues of $1,600,000. Fixed costs are $640,000. Compute the contribution margin percentage. Compute the selling price if variable costs are $15 per unit. With 70,000 units are sold. Compute the margin of safety in units and dollars. What does this tell you about the risk of the corp making a loss? What are the most likely reasons for this risk to increase?
how would i solve the contribution revenues
am i missing anythin?
Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of Activitie In any missing amounts as needed. Answer is not complete. CENTERVILLE AREA HOMELESS SHELTER Statement of Activities For the Year Ended December 31, 2020 Net Assets Net Assets without Donor with Donor Restrictions Restrictions Total Revenues 1,582,510 Contribution revenues Net assets released from restrictions Total revenues Expenses Temporary shelter program 27,000...
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%...
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc. (TWX), 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) $11,364 Turner (cable networks and digital media) Home Box Office (pay television) Warner Bros. (films, television, and videos) 5,890 13,037 Assume that the variable costs as a percent of sales for each segment are as follows:...
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%...
Question 2. Contribution margin, decision making. McCarthy Men's Clothing's revenues and cost data for 2014 are as follows: $500,000 250,000 250,000 Revenues Cost of goods sold Gross margin Operating costs: Salaries fixed Sales commissions (11% of sales) Depreciation of equipment and fixtures Store rent ($4,000 per month) Other operating costs Operating income (loss) $160,000 55,000 15,000 48,000 40,000 |_ 318,000 $(68,000) Mr. McCarthy, the owner of the store, is unhappy with the operating results. An analysis of other operat-ing costs...
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs of $300,000. If sales volume amounted to 13,000 units, the company's variable cost per unit must have been: Multiple Choice
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