What is total contribution margin if sales volume increases

Assignment Help Managerial Accounting
Reference no: EM132932764

Question - Schister Systems uses the following data in its Cost-Volume-Profit analyses:

Total

Sales $320,000

Variable expenses $144,000

Contribution margin $176,000

Fixed expenses $104,000

Net operating income 472,000

What is total contribution margin if sales volume increases by 20%?

Reference no: EM132932764

Questions Cloud

What the brownsville budgeted operating income for may : Estimated expense for selling and administrative expenses for the month are $57,000. What the Brownsville budgeted operating income for May
Find impact of work : Medtronic invites people to describe how its products have improved, or even saved, their lives and shares these stories with employees during annual meetings,
What is the carrying value of the bonds on december : The proceeds from the bonds are $16216295. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2021
Explain the law of large numbers : 1) a. Explain the law of large numbers. b. What is the meaning of adverse selection? Name two methods that insurers use to control adverse selection.
What is total contribution margin if sales volume increases : Schister Systems uses the following data in its Cost-Volume-Profit analyses: What is total contribution margin if sales volume increases by 20%
Helpful strategy for college-level writing : Can you share your most helpful strategy for college-level writing? What will the strategy be?
Determine the dollar value of the annual bond premium : Baltimore uses the straight-line method for amortization. Use this information to determine the dollar value of the annual bond premium amortization
Describe manual and automated systems of accounting : Describe manual and automated systems of accounting. Suggest one accounting software the company can use. Explain the reasons for choosing it
What are the typical characteristics of a process costing : What are the typical characteristics of a process costing and list 2 examples of industries that are likely to use process costing

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