Solution-What the contribution margin ratio is

What the contribution margin ratio is

Assignment Help Accounting Basics

Reference no: EM132478672

Spring Company has provided the following data:

Sales per period 6,000 units

Selling price $80 per unit

Variable manufacturing cost $15 per unit

Selling expenses $5,000 plus 5% of selling price

Administrative expenses $4,000 plus 10% of selling price

Question 1: What The contribution margin ratio is:

Reference no: EM132478672

Questions Cloud

What is the value of the movie : A movie is expected to produce cash flows of 13,500 dollars per month. The cost of capital for the movie is 19.68 percent per year. What is value of the movie

What is the difference between two statements : Please explain detail one by one step what is the difference between two statements.

How much does Chen need to save each year : How much does Chen need to save each year for 5 years to have exactly enough to pay for his education if he makes his first savings contribution later today

Calculate the true cost of her volunteer work : However, she was surprised to hear from her accountant that IRS rules did allow her to deduct the $8,000 in salary forgone during this same period.

What the contribution margin ratio is : What The contribution margin ratio is? Spring Company has provided the following data:Sales per period ,Variable manufacturing cost

What is the most appropriate method for computing wages : Hollywood also employs a technical team that travels to customer sites for special projects. What is the most appropriate method for computing wages

Describe the scope of the project and control measures : Describe the scope of the project and control measures. Describe the goals and objectives of the project. Give a detailed, realistically estimated cost analysis

Draw max demand curve for gin g : Draw Max's demand curve for gin g when he has income 12 and the price of tonicpt is 2 : g=g(pg | pt=2,M=12)

Extending the copyright protection beyond : Explain how extending the copyright protection beyond the author life creates the incentives to produce creative work.

User Account

All Pages

What the contribution margin ratio is

Reference no: EM132478672

Reference no: EM132478672

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Determine rons and joe realized gain or loss

What steps are needed to solve problems

Describe the capital gains income

Determining adjustments and accounting equation

What the acceptable methods of accounting for partnership

The quoted market price per share of common stock

On february 28 dudley curry company had an 85000 debit

Transactions and events pertaining to its stockholders

What is the objective of convergence

What are the two most common types of leases

Description of other types of assurance and non-assurance

The difference between these monthly operating profit

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT