User Account

All Pages

A recent income statement for volkswagen reports

Assignment Help Managerial Accounting
Reference no: EM13909406

A recent income statement for Volkswagen reports the following (in  millions). Assume 75 percent of the cost of sales and 75 percent of the selling and administrative costs are variable costs, and the remaining 25 percent of each is fixed. Compute the contribution margin (in  millions). (Round computations using percentages to the nearest whole euro.)

Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  126,875
Cost of sales . . . . . . . . . . . . . . . . . . . . . . . . . . 105,431
Selling and administrative expenses . . . . . . . . 15,500

Reference no: EM13909406

Questions Cloud

What is the bank discount yield and bond equivalent yield : A Treasury bill with 146 days to maturity is quoted at 97.540. What is the bank discount yield, the bond equivalent yield, and the effective annual return?
Design to start the work feel free to make the changes : Using framework you have to represent the data in the form of bubbles - Provision to zoom in the bubble to see the further details of related disease, their category and Toxin.
Asolution of cysteine : Calculate the pH at which asolution of cysteine would have no net charge. (Hint, examine all possible forms of cysteine, beginning with the one that is most protonated. Show all ionization stages of cysteine).
Expected return on the market : A stock has an expected return of 11 percent, its beta is 0.95, and the risk-free rate is 6 percent. What must the expected return on the market be?
A recent income statement for volkswagen reports : A recent income statement for Volkswagen reports the following (in  millions). Assume 75 percent of the cost of sales and 75 percent of the selling and administrative costs are variable costs, and the remaining 25 percent of each is fixed.
About the nonconstant growth : Microtech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Microtech to begin paying dividends, beginning with a dividend of $1.50 coming 3 years from toda..
Multiple binding site cooperative : Hemoglobin differs from myoglobin in that it has four binding sites for oxygen (compared to myoglobin's single binding site) and is cooperative. Are all molecule with multiple binding site cooperative? Explain by providing an example.
Expected return and standard deviation : A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 3.0%. Expected return and Standa..
Show one half the expected number of arrivals for process : Show one half the expected number of arrivals for the Poisson process on the same sketch. Explain the difference between the two.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Changes in cash conversion cycle

Bello Corp. has annual sales of $50,735,000, an average inventory level of $15,012,000, and average accounts receivable of $10,008,000. The company makes all purchases on credit and has always paid on the 30th day.

  What is the minimum acceptable price

For Tamworth Cabinets, what is the minimum acceptable price of this one-time-only special order and other than price, what other items should Tamworth Cabinets consider before accepting this one-time-only special order?

  Calculate the total simulated hours

Calculate the total simulated hours, total waiting time for the customer service team member, and the total wait time for the customer?

  What is the approximate inventory on february

What is the approximate inventory on February 10, 2012 - Presented below is information compiled up to the date of the fire.

  Prepare the journal entries on december

Prepare the journal entries on December 31, 2013, May 11, 2014, and June 12, 2014- The company recorded this amount as an addition to Allowance for Doubtful Accounts.

  A list of budgeted costs

You have been provided with a list of budgeted costs and asked to devide them into two different cost pools as part of your accounting process. You use the ABC method and accummulate costs into logical cost pools. The list of costs need to be divided..

  Journal entries to record the purchase of the raw material

What is the materials quantity variance for the month and prepare journal entries to record the purchase and use of the raw material during the month.

  Managerial accounting1 scorpion production company planned

managerial accounting1. scorpion production company planned to use 1 yard of plastic per unit budgeted at 81 a yard.

  Melody instruments co. ltd

Corporate governance is a system of controls by which a company is directed and managed. It sets out the framework governing the ethical conduct and business practices of the company and its employees

  Forten company, a merchandiser, recently completed

The company's balance sheets and income statement follow.

  Estimate of the total contribution margin

Estimate of the total contribution margin and manufacturing costs and selling and administrative expenses

  Estimate the companys total variable cost

Estimate the company's total variable cost per unit and its total fixed costs per year and compute the company's contribution margin for July.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd