User Account

All Pages

What is contribution margin ratio and break-even point

Assignment Help Managerial Accounting
Reference no: EM132500170

Hoodie's Sweatshirts - You sell sweatshirts for $50 each.Your variable cost for each shirt is $35.

My Fixed Cost is $125,000.

Required:

Question 1. What is Contribution Margin?

Question 2. What is Contribution Margin Ratio?

Question 3. What is Break-even Point?

Question 4. Show in a analysis Revenues, Variable Cost, Contribution Margin, Fixed Cost and Operating Income if I sold 4,000, 6,000, 10,000, and 11,000 shirts.. Also include a column for Break-even in your analysis. The heading of the columns should be the number of sweatshirts with Revenues, VC, CM, FC and OI below for each different sales volume.

Question 5. Calculate how many shirts must sell to have a TOI (Target Operating Income) of $250,000. Prepare an analysis that checks your work.

Question 6. Calculate how many shirts must sell to have a TOI of $250,000 given a 30% tax rate. Again prepare an analysis that checks your work.

Reference no: EM132500170

Questions Cloud

Determine the ending finished goods for january : Determine the Ending Finished Goods for January and provide the Job number(s) in Finished Goods at the end of January and determine the total cost
What goes on the retained earnings statement as correction : Correction for overstatement THe error was 46,900. How do figure what goes on the retained earnings statement as correction. Income tax was 34%
Calculate the total amount of overhead applied to job : Bulla Corporation, Calculate the total amount of overhead applied to Job K369 in both departments. (Do not round intermediate calculations.)
Discuss the pros and cons of various lighting systems : In determining specific facility and roadway security and safety measures, discuss the pros and cons of various lighting systems.
What is contribution margin ratio and break-even point : Calculate how many shirts must sell to have a TOI (Target Operating Income) of $250,000. Prepare an analysis that checks your work.
PS1680 Clinical Perspectives on Psychological Disorders : PS1680 Clinical Perspectives on Psychological Disorders Assignment Help and Solution, University of Central Lancashire - Assessment Writing Service
What amount will wolf assign to manufacturing overhead : The company incurred $37,800 of direct factory labor and $6,480 ofindirect factory labor during period. What amount will Wolf assign to Manufacturing Overhead
Post a critique of your partners photograph : Post a critique of your partner's photograph, specifically focusing on graphic and photographic elements. Explain how the graphic elements contribute to making.
What amount of bond interest expense to be recognize on july : If Franklin uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized on July 1 is

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Cost pop''s to produce and sell one more hamburger

What does it cost Pop's to produce and sell one more hamburger? Attached is the answer you gave me on the costs breakdown

  Discuss the world-corn fraud

Discuss the World-Corn Fraud and briefly discuss how Gebler's approach to "Creating An Ethical Culture" could have made a difference for Betty Vinson

  The efficient market hypothesis

Provide your views and reasons as to whether or not the London or New York stock markets will ever become completely ‘semi-strong' efficient as defined by the efficient market hypothesis.

  Discuss standard costs

The analysis of standard cost systems begins with the development of standards for direct materials, Discuss standard costs and indicate how they can be used

  Prepare a scatter diagram for these data with sales volume

Kyo Co.'s monthly sales and costs data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs.

  Has the company been improving its position in the market

How does company manage and develop this value (Through advertising/ branding/ innovation/ acquisition of legal rights/takeover activity of competitors in recent years?)

  Will management be likely to support use of eva

Will management be likely to support use of EVA as a financial performance measure?  Calculate forecasted EVA for 2012.

  What are the actual variable costs

What is the total sales-volume variance (E)?  What are the actual variable costs (C)? What is the total static-budget variance?  What are the static-budget revenues (B)? What are the flexible-budget revenues (A)?

  What is the margin of safety in dollars

The product's current sales are 24,500 units and its break-even sales are 18,564 units. What is the margin of safety in dollars?

  Compute total prime costs

Compute Total Prime Costs, Total manufacturing overhead costs, Total conversion costs, Total product costs, total period costs

  Prepare a well labeled and organized purchases budget

Prepare a well labeled and organized Purchases Budget for the month of January 2015. SHOW & LABEL ALL SUPPORTING CALCULATIONS

  Choose an item that you would like to manufacture you do

choose an item that you would like to manufacture. you do not actually need to manufacture something but will proceed

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