Determine the contribution margin ratio

Assignment Help Managerial Accounting
Reference no: EM133157572

Question - Bluegill Company sells 12,600 units at $380 per unit. Fixed costs are $239,400, and operating income is $1,675,800. Determine the following:

a. Variable cost per unit

b. Unit contribution margin

c. Contribution margin ratio

Reference no: EM133157572

Questions Cloud

What is the number of shares to be used : What is the number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively
Strong understanding of professional ethics : Create and maintain professional relationships with colleagues as well as the wider workplace community - understanding of professional ethics
What are the annual carrying? cost : Tinnendo, Inc. believes it will sell 4 million? zen-zens, What are annual carrying? cost, annual ordering? cost, and optimal order quantity for the? zen-zens
What do you personally think of completing a resume : What do you personally think of completing a Resume? What is one area of your resume you need to improve on? Job experience, objective, awards, etc
Determine the contribution margin ratio : Fixed costs are $239,400, and operating income is $1,675,800. Determine the following: Contribution margin ratio and Variable cost per unit
MATH 4044 Statistics for Data Sciences Assignment : MATH 4044 Statistics for Data Sciences Assignment Help and Solution, University Of South Australia - Assessment Writing Service
How much should be recorded in the machine account : The machine's depreciation expense for the year is $40,000. How much should be recorded in the machine account on December 31 (net of depreciation)
Record the transactions for prada : An independent appraisal valued the land at $90,000 and the communication equipment at $10,000. Record the transactions for Prada
Which statement is true of fredrick corporation : Fredrick Corporation issues a $1,000 bond with a stated rate of interest of 4%. Which statement is true of Fredrick Corporation

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!

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