How do estimate what is the contribution margin ratio

Assignment Help Managerial Accounting
Reference no: EM132602915

Dunder Mifflin sells all its paper at the following prices, with the following costs:

Sale price per unit: $150

Variable costs per unit:

Manufacuring: $90

Marketing: $25

Fixed Costs:

Manufacturing: $1,000,000

Marketing: $80,000

Question 1: If Dunder Mifflin sells 900,000 units, what is its contribution margin ratio?

Group of answer choices

Option 1: 40.00%

Option 2: 39.26%

Option 3: 22.53%

Option 4: 23.33%

Reference no: EM132602915

Questions Cloud

Describe the leadership behaviors you would expect : Christian servant leaders profess to serve those whom they lead through love and the moral obligation to promote the greater good of others.
Analyze grievance policy from institution of your choice : Research and analyze a grievance policy from an institution of your choice. In ensuring the needs of your institution's underrepresented population.
What is the present value received five years from now : At an interest rate of? 8%, what is the present value of? $125,000 received 5 years from now? $85,125./ $499,125./ $115,741./ $183,554
Calculate the selling price for each bond issue : Question - Issue Price - Assuming the market rate of interest is 10%, calculate the selling price for each bond issue
How do estimate what is the contribution margin ratio : If Dunder Mifflin sells 900,000 units, what is its contribution margin ratio? Dunder Mifflin sells all its paper at the prices, with costs
Prepare income statement and a retained earnings statement : Prepare the income statement and a retained earnings statement for March and a classified balance sheet at March 31
Continuous improvement means having awareness : The staff in continuous improvement means having an awareness of the best way to motivate each member of the staff to become the best version of themselves.
Arrange appropriate hypothesis testing : Dyson Company in Senai Johor plans to produce a new hair product known as Dyson Supersonic.
Difference between reasonable and limited assurance : Hillsburg Stores Ltd. began operations in 1980 in Halifax, What is the difference between reasonable assurance and limited assurance

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