Answers
A |
Contribution margin |
$ 136,500.00 |
B |
Sales Revenue |
$ 210,000.00 |
C=(A/B) x 100 |
Contribution margin ratio |
65% |
Working |
Sale Level $ 470,000 |
||
A [given] |
Sales Revenue |
$ 470,000.00 |
|
B = A x (100% - Contribution ratio) = A x 35% |
Less: Variable Expenses |
$ 164,500.00 |
|
C = A x Contribution ratio = A x 65% |
Contribution margin |
$ 305,500.00 |
|
D |
Less: Fixed Expenses |
$ 166,400.00 |
|
E |
Operating Income (Gain) |
$ 139,100.00 |
*** END ***
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