What is the contribution margin ratio of ford corporation

Assignment Help Cost Accounting
Reference no: EM132755888

Accounting records of FORD Corporation shows the following :

No of units sold: 900 units

Selling Price per unit: P250 Fixed Costs: P16.DDO

Variable cost per unit: P210

Problem 1: What is the contribution margin ratio of FORD Corporation (in 2 decimal point)?

Reference no: EM132755888

Questions Cloud

Reflect on current and potential future trends : Reflect on current and potential future trends, such as use of social media and mobile applications/telehealth, Internet of Things (IoT)-enabled asset tracking.
Company analysis report : Your company is appointed by clients to advise them on a potential stock exchange floatation (IPO).
Prepare a schedule of cost of goods sold for mason company : Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold.
Describe your foreground and background information : Define and Describe Your Foreground and Background Information. Using the PICOT question you identified, rewrite the question for your peers and define.
What is the contribution margin ratio of ford corporation : What is the contribution margin ratio of FORD Corporation (in 2 decimal point)? Selling Price per unit: P250 Fixed Costs: P16.DDO
Strategic challenges that christian universities face : What are some of the unique strategic challenges that Christian universities face?
Prepare Sheffield Corporation journal entry : At year end, December 31, Sigma shares were selling for $35.60 per share. Prepare Sheffield Corporation's journal entry to record the purchase
What is the production budget in units : What is the production budget (in units) for 2020? The beginning finished goods inventory contains 29,000 units. The target for each year's ending inventory
Unique strategic challenges that christian universities face : What are some of the unique strategic challenges that Christian universities face?

Reviews

Write a Review

Cost Accounting Questions & Answers

  Which organizational group that advises technical function

Which the Financial accounting and cost accounting are both highly concerned with? providing managers with information necessary for control purposes.

  Find What is the normal spoilage rate

Find What is the normal spoilage rate? A company produces 10,800 units of which 300 are spoiled units because the process, even though carefully

  Business application discussion of supply chain costs

1.Refer to the Business Application discussion of supply chain costs.

  Create job cost sheets for the two special jobs

Explain the meaning of overapplied and underapplied overhead by writing1-2 sentences each describing the meaning of these two terms - Explain whether a company would make a profit on this product if costs are underapplied. Why or why not?

  Cash flows from operating activities

Adjust net income of $110,000 for changes in operating assets and liabilities to arrive at cash flows from operating activities.

  What the journal entry for the allocation of manufacturing

What the journal entry for the allocation of manufacturing overhead will include a?Katharine's job-costing system has a single manufacturing overhead cost pool.

  Prepare a retained earnings statement for 2012

Prepare a multiple-step income statement for 2012. Assume that 60,000 shares of common stock are outstanding and prepare a retained earnings statement for2012

  Calculate the mean or average of these yoy returns

Calculate the mean or average of these YoY returns from your sample. Calculate the standard deviation of the YoY returns. (In Excel, use the STDEV function.)

  Fixed overhead and variable overhead variances

1. Compute the fixed overhead and variable overhead variances. Compute a total of four variances.ontinued 2. If production were budgeted at 1,800 units, what would be the amount of the total budgeted fixed and total budgeted variable overhead costs ..

  Operation of the partnership

one-half of the $500,000 he had paid to partnership creditors and one-half of $80,000, the reasonable value of Caesar's services during operation of the partnership. Who will prevail and why?

  Recognise a value determined by valyou

Discuss, with computations, how the above transactions should be accounted for in the financial statements of the Camel Telecom Group under IFRSs for the year ended 30 June 20X8.

  How much will profit calculated using absorption coasting

By how much will the profit calculated using absorption coasting principles differ form the profit if marginal costing principles had been used?

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