Contribution Margin Ratio a. Imelda Company budgets sales of S1,800,000, fixed costs of $394,000, and variable costs of $1,116,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) %
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A: Answer a) Calculation of Contribution Margin ratio Contribution margin ratio = Contribution margin…
Q: Contribution Margin Ratio a. Imelda Company budgets sales of $1,080,000, fixed costs of $82,600, and…
A: Contribution margin = $1,080,000 - $367,200 = $712,800
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Q: Contribution Margin Ratio a. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000,…
A: Contribution margin = Budgets sales - variable costs = $1,800,000 - $1,116,000 = $684,000
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A: Formula: Required sales in dollars = ( Fixed cost + Targeted income ) / contribution margin ratio
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- Contribution margin ratio Young Company budgets sales of 112,900,000, fixed costs of 25,000,000, and variable costs of 66,611,000. What is the contribution margin ratio for Young Company? If the contribution margin ratio for Martinez Company is 40%, sales were 34,800,000, and fixed costs were 1,500,000, what was the operating income?Contribution Margin Ratio a. Matzinger Company budgets sales of $1,150,000, fixed costs of $155,300, and variable costs of $690,000. What is the contribution margin ratio for Matzinger Company? % b. If the contribution margin ratio for Raynor Company is 39%, sales were $639,000, and fixed costs are $194,380, what is the operating income? Check My Work Previous NextContribution margin ratio a. Coastal Company budgets sales of $1,050,000, fixed costs of $82,700, and variable costs of $367,500. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 51%, sales were $448,000, and fixed costs were $178,210, what was the operating income?
- Contribution Margin Ratio a. Young Company budgets sales of $1,240,000, fixed costs of $41,900, and variable costs of $186,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 62%, sales were $567,000, and fixed costs were $274,200, what was the operating income?Contribution Margin Ratio a. Young Company budgets sales of $900,000, fixed costs of $44,600, and variable costs of $198,000. What is the contribution margin ratio for Young Company? (Enter your answer as a whole number.)_________% b. If the contribution margin ratio for Martinez Company is 49%, sales were $757,000, and fixed costs were $255,940, what is the income from operations?$__________a. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of $1,116,000. What is the contributior margin ratio for Imelda Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 42%, sales were $2,500,000, and fixed costs were $590,000, what was the income from operations?
- Contribution Margin Ratio a. Young Company budgets sales of $710,000, fixed costs of $54,300, and variable costs of $241,400. What is the contribution margin ratio for Young Company?fill in the blank % b. If the contribution margin ratio for Martinez Company is 67%, sales were $875,000, and fixed costs were $433,830, what was the operating income?a. Coastal Company budgets sales of $1,070,000, fixed costs of $55,400, and variable costs of $246,100. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 50%, sales were $517,000, and fixed costs were $204,220, what was the operating income?a. Young Company budgets sales of $960,000, fixed costs of $34,600, and variable costs of $153,600. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 61%, sales were $559,000, and fixed costs were $248,920, what was the operating income?
- Calculate the contribution margin of a product for a service company if revenues are $50,000, variable expenses are $30,000, and fixed expenses are $15,000. a.) $ 20,000 b.) $80,000 c.) $35,000 d.) $5,000a. Imelda Company budgets sales of $850,000, fixed costs of $19,100, and variable costs of $85,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.)fill in the blank 1 % b. If the contribution margin ratio for Peppa Company is 35%, sales were $630,000, and fixed costs were $154,350, what was the income from operations?$fill in the blank 2For Sheridan Company, sales is $2000000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $700000? A. $4444444 B. $5555556 C. $2500000 D. $1944444