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Prepare a contribution margin analysis report

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Question - Based upon the following data taken from the records of Bruce Inc., prepare a contribution margin analysis report for the year ended December 31, 2012.

 

For Year Ended
December 31, 2012



Actual



Planned

Difference
Increase
  (Decrease)




Sales

$312,000

$325,000

$(13,000)

Less:


Variable cost of goods sold

$169,200

$182,000

$(12,800)

Variable selling and administrative
  expenses


  32,400


 39,000


   (6,600)

Total

$201,600

$221,000

$(19,400)

Contribution margin

$110,400

$104,000

$   6,400




Number of units sold

120,000

130,000

(10,000)




Per unit:


Sales price

$2.60

$2.50

.10

Variable cost of goods sold

1.41

1.40

.01

Variable selling and administrative
   expenses

.27

.30

(.03)

 

 

Reference no: EM131918387

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