Assume the following information: Sales Variable expenses Contribution margin Fixed expenses Net operating income What is the margin of safety in dollars? Amount $ 300,000 120,000 180,000 60,000 $ 120,000 Per Unit $40 16 $24
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- Assume the following information: Sales Contribution margin Net operating income What is the margin of safety? Multiple Choice O O O O $400,000 $360,000 $120,000 $200,000 Amount $ 600,000 $360,000 $ 240,000 Per Unit $ 40 $ 24content/qualsims/accounting/cost_volume_profit/v2/player/#/891e73d6eefafa67438268e177eaa497_qualsimsaccountingcost_volume_profitmiller_nobles_mattis 75 Tumblers Sora per month Sales Revenue Less: Variable Expenses Contribution Margin Less: Fixed Expenses Operating Income Total Per Unit $ 2,250 $ 30 1,350 18 $ 900 $ 12 250 $ 650 In order to determine how much contribution margin is earned for each $1 of sales, what is the contribution margin ratio on your tumbler sales? Round to the nearest whole number. Select an option from the choices below and click Submit. ○ 29% ○ 40% ○ 250% SubmitGross profit margin 2400 how is the estimate operating cost
- Remember: Gross profit = SP- CP Activity 1.2 enti Complete the following table: Table 1.2: Finding the cost price, the gross profit or the selling price No Cast price Gross prafit Selling price 1.2.1 R5 600 R8 700 1.2.2 R3 400 30% 1.2.3 R6 800 R12 700 1.2.4 R17 500 R35 000 The owner of an enterprise has to calculate both the gross and the net profit. A business has certain operating expenses thai must be deducied from the gross profit to get the net profit. Examples of operating expenses are: • Salaries Wages • Rent paid/rent expense • Advertisements • Stationery. The cost of advertising the business is one example of an operating expense. Gross profit minaş operating expenses equals net profit."Sales 270000 € - Variable Expenses 180000 € Contribution Margin 90000 € -Fixed Expenses 36000 € =Net operating income 54000 E What is the Margin of safety in E?Given the following information, what is the contribution margin ratio? Sales Variable expenses Fixed Expenses Net Income 44% 33% 23% 56% $828000 364320 276000 $187680
- Direct fixed cost controllable by of the period just ended: Contribution margin Period expenses: Manager's salary Depreciation expense Allocated administrative costs25.000 Profit center #1 income Of the foregoing, in all likelihood, Mr. Iglesias controls P350.000 P100,000 40,000 165,000 P185.000 C. P100,000 A. P165.000 В. P185.000 D. P350,000 20. The following is a summarized income statement of CoolKid Co.'s profit cente No. 44 for March: Contribution margin P70,000 Period expenses: Manager's salary Facility depreciation Corporate expense allocation Profit center income P20.000 8.000 5,000 (33,000) P37.000 Which of the following amounts is most likely subject to the control of the p center's manager? А. P70.000 C. P37,000 D. P33,000 В. P50,000Determine the missing amounts. Unit SellingPrice Unit VariableCosts Unit ContributionMargin Contribution MarginRatio 1. $750 $375 $ (a) % (b) 2. $450 $ (c) $153 % (d) 3. $ (e) $ (f) $760 40 %F Sales Variable Costs Cost of goods sold Selling Expenses Total Variable costs Contribution Margin Fixed Costs Admin Expenses Net Profit Total $3,599,100 $1,619,156 $41,500 $1,660,656 $1,938,444 $70,000 Department Department a $1,000,000 $597,600 $12,000 $609,600 $390,400 b $678,000 $224,100 $8,000 $232,100 Department C $921,000 $382,311 $9,000 $391,311 Department d $1,000,100 $415,145 $12,500 $427,645 a. Using contribution margin accounting cost analysis, what is the contribution margin for Department b? b. Contribution margin for Department c? C. Department d? d. What is your net profit for the total organization? 0
- The following information is available for Sunland Department Stores: Average operating assets Controllable margin Contribution margin Minimum rate of return What is Sunland's residual income? O $59200 O. $160800 O $10800 O $670000 $740000 70000 220000 8%Assuming Average cost flow method is used, how much is the ending inventroy and cost of sales, respectively? A. 130,300 and 101,000 B. 101,000 and 130,000 C. 105,000 and 126,300 D. 126,300 and 105,000Complete the Table Total Total Unit Selling Total Fixed Variable Variable Price Revenue of Costs Costs Cost Output ? ? $5,000 $6,600 $2,000 ? $18,000 ? 2 $45,000 ? $94,050 ? $5 ? ? ? $75.24 $13 $10 $75 ? ? 2 ? $10,000 $60,000 Level Net Income Rate $4,000 ?$14,500 $84,600 1,800 $78,000 3,000 $18,000 ? ?-$19,500 Contribution Unit Show Transcribed Text ? ? 35% ? 38% Contribution Margin $7.50 ? $13 ? can anyone help me doing this in easiest and less confusing way