User Account

All Pages

Contrubition margin will decrease as perent of sale

Assignment Help Managerial Accounting
Reference no: EM13504146

Merlin ic/ a whole sale inc has been operation few months. this companyproduct is sink; mirror and vanity. budget sale by product and total for the month/ sale-240,00, variable exp 72,000/ contribite magin is 168,000./ mirror sale=100,000; varable exp=80,000/ contribute margin is 20,000/ vanity sale is 160;00; variable expe=88,000, contribite margin is 72,000/ total sale=500,000/ total variable exp=240,00/ total contibute margin = 260;000 fix exp=223,00/ net operation =36,000/

Question 1. if variable expenes increase as percent of sale then the contrubition margin will decrease as perent of sale/ is this true or fales and why. From this data net operation income is at 36,000 4 the month and breakeven sale at 430,00.

Say the actual sale 4 the month total 500,000 as plan. Actual sale by product are sink=160,000; mirror is 200,000 and vanity is 140,000. i need to prepare a income statement 4 the month on actual sale. also need to show the income statement.

Question 2. i need to know the breakeven point in sale 4 the month on this data.

Question 3.the company net sale 4 the month is 500,000, the owner of the company is shock of the result.

Reference no: EM13504146

Questions Cloud

Prepare income statement-showing present operation : Prepare income statement-showing present operation and data how would operation with new plant equipment reflect this company.
Explain mass of nitrogen atoms in ammonium phosphate : What is the percentage by mass of nitrogen atoms in ammonium phosphate, (NH4)3PO4
Explain how many moles of potassium sulfide are present : A sample of K2S contains 1.35 g of potassium. How many moles of potassium sulfide are present in the sample
Which outlines key arguments and defines key terms : Discussion around a topic is not answering the question. It is often a helpful technique to use the essay question as part of your essay structure.
Contrubition margin will decrease as perent of sale : Contrubition margin will decrease as perent of sale is this true or fales and why - variable expenes increase as percent of sale then the
Evaluate the number of atp molecules : Calculate the number of ATP molecules that are produced from the biological oxidation of one molecule of each of the following to CO2 and H2O
Determine how much later does it hit the ground : a football is kicked at ground level with a speed of 18.0 m/s at an angle of 35.0 degrees to the horizontal. how much later does it hit the ground
Explain what is the molecular formula of the acid : An organic acid contains 41.4% carbon, 3.47% hydrogen, and 55.1% oxygen by weight. A 0.080-mol sample of this compound weighs 11.60 g. What is the molecular formula of this acid
How far from the left end should the fulcrum be placed : A 0.120-kg, 50.0-cm-long uniform bar has a small 0.055-kg mass glued to its left end and a small 0.110-kg mass glued to the other end. How far from the left end should the fulcrum be placed

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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