Calculate contribution margin and operating income

Assignment Help Accounting Basics
Reference no: EM133173190

Question - Assume sales of $14200, variable costs of $7400, and fixed costs of $2500. Calculate contribution margin and operating income.

Contribution margin = $11700; Operating income = $4300

Contribution margin = $9300; Operating income =$4300

Contribution margin = $6800; Operating income = $4300

Contribution margin = $13600; Operating income = $4300

Reference no: EM133173190

Questions Cloud

Calculate the amount of the equal rental receipts : Assuming that the lease is a sales-type lease from Rexon's point of view, calculate the amount of the equal rental receipts
Which option would earn the higher rate of return for aiden : Ignoring income taxes and assuming the interest rate is constant over the entire investment, which option would earn the higher rate of return for Aiden
What is the annual rental value : An outside supplier has offered to sell 36,000 units of part S-6 each year to Han Products for $25.00 per part. What is the annual rental value
Most significant item of intellectual property : Recommend the steps you would take to protect the most significant item of intellectual property you currently believe your company possesses.
Calculate contribution margin and operating income : Assume sales of $14200, variable costs of $7400, and fixed costs of $2500. Calculate contribution margin and operating income
Great job with integrated marketing mix : What brand does a great job of providing customer value? What brand does a great job with an integrated marketing mix?
What is the total production cost for april : During April Company completed the production of 1,000 units using $ 25,000 worth of direct material; What is the total production cost for April
Financial key performance indicators : Using a "real" university, identify 3 financial key performance indicators it uses to determine its financial health.
Evaluate logistics as supply chain component : Evaluate logistics as a supply chain component, including how to measure performance, and key strategies to improve effectiveness.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the dollar value of ending inventory

Easton Company, Sales were 440 units at $25. Using the FIFO method, determine the dollar value of Ending Inventory for the month of May.

  Different between current and a contingent liability

Distinguish between a current liability and a contingent liability. Give two examples of each type.

  Record separate journal entries for each side of transaction

On January 1, 2020, Slug Corporation issued, How would the investor record this transaction. Record separate journal entries for each side of the transaction.

  Compare abc costing and traditional costing methods

Compare ABC costing and traditional costing methods, giving examples. Which system provides a more accurate picture of cost incurred to produce the jobs?

  What is the balance after adjustment

If the balance of the Allowance for Doubtful Accounts is $11,000 debit before adjustment what is the balance after adjustment

  Why the difference in price

consider two bonds. One is maturing in 5 years and one matures in 10 years. Each has a coupon of 8% paid annually. Each is priced to yield 9% as follows: 5 years $961.10 and 10 years $935.82. Why the difference in price?

  Prepare the General Journal entry for January purchase

Zebra Company's stock was trading on the open market for $15 per share at the end of the year. Prepare the General Journal entry for January purchase

  Compute the direct materials price and quantity

Compute the direct materials price and quantity and the direct labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable

  Complete the following questiontextbook accounting theory

complete the following questiontextbook accounting theory 7edition by godfrey j. hodgson a. tarca a. hamilton j. and

  What is the budgeted accounts receivable balance

Sales are 85% credit, of which 60% is collected in the month of sale and 40% is collected in the following month. What is budgeted Accounts Receivable balance

  Compute the costs assigned to ending inventory

Determine the costs assigned to the ending inventory when costs are assigned based on a periodic inventory system and use of (a) FIFO, (b) LIFO

  Critically discuss fraud prevention strategies

Identify, and critically discuss fraud prevention strategies that could have been implemented by Worldcom to prevent the failure of internal controls

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!

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