Homework Answers
rate positively ..
| Total | Variable cost | fixed cost | ||||
| Sales | 27400 | |||||
| Food package | 7392 | 7392 | ||||
| Payroll | 6900 | 6900 | ||||
| Occupancy (rent, depreciation etc.) | 8288 | 8288 | ||||
| General , selling and administrative expenses | 4000 | 1600 | 2400 | |||
| 26580 | 15892 | 10688 | ||||
| Income from operation | 820 | |||||
| Ans a) | contribution margin = Sales - variable cost | 11508 | ||||
| 27400-15892 | ||||||
| Ans b) | Contribution margin ratio = 11508/27400 | 42.00% | ||||
| Ans c) | Increase in income | |||||
| Incremental sales * Contribution margin ratio | 672.00 | |||||
| 1600*42% | ||||||
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