Calculate the contribution margin ratio for the business

Reference no: EM13824508

Problem-

Mark Corporation produces two models of calculators. The Business model sells for $60, and the Math model sells for $40. The variable expenses are given below:

	Business Model	Math Model
Variable production costs per unit	$14	$15
Variable selling and administrative expenses per unit	$4	$1

The fixed expenses are $66,000 per month. The expected monthly sales of each model are: Business, 1,300 units; Math, 800 units. Calculate the contribution margin ratio for the Business.

Additional information-

The problem belongs to Accounting and it discuss about calculation of contribution margin ratio.

Reference no: EM13824508

Questions Cloud

Describe major ways that health care providers can control : Explain the difference between a "specific services" payment unit compared to a "bundled services" payment unit. Describe the three major ways that health care providers can control their revenue function.

Making operations more effective : Making Operations More Effective

Explain four stages of the capital decision making process : explain the four stages of the capital decision making process, and describe the information needed to evaluate a capital investment project.

Organizational development theories and teamwork : "Organizational Development Theories and Teamwork" Please respond to the following: Research an organizational development theory you would use to effect change in a large, multinational company that is experiencing significant growth. Be sure to ide..

Calculate the contribution margin ratio for the business : The fixed expenses are $66,000 per month. The expected monthly sales of each model are: Business, 1,300 units; Math, 800 units. Calculate the contribution margin ratio for the Business

Enforceability of covenant contract between doctor-hospital : A cardiology practice in Beverly Hills, California wants to expand its medical practice, and it makes a lucrative offer to a cardiologist currently practicing in Santa Monica

Write a paper about human capital in medical practice : Write a paper about Human capital in medical practice. You will be interviewing the HR professional of your choice to gain a fresh perspective on the topic you have chosen.

Find the z-parameters of the two-port network : Find the z-parameters of the two-port network and setermine the line's secondary coefficients Zo, α and β at a frequency of 1 GHz.

Who is missing from the calculation of the unemployment rate : Who is missing from the calculation of the unemployment rate? What does this mean in terms of who is out of work and who is counted as unemployed? Examine the unemployment rate over time and across the states. Draw three conclusions from these statis..

User Account

All Pages