What is the contribution margin ratio, Cost Accounting

Assignment Help:

Sales: $168,042 Variable Costs: $63,987 Total fixed expenses:$ 75,794 Number units sold per year: 6367

1. What is the contribution margin per unit of your product or service?
2. What is the contribution margin ratio?
3. What is sales volume in dollars at the break even point?
4. What is sales volume in units at the break even point?
5. What sales volume in dollars is required to have $10,000 in net income? $50,000 in net income? $100,000 in net income?

 


Related Discussions:- What is the contribution margin ratio

Chapter 4 Fundamentals of Cost Analysis for Decision Making, 31. Special Or...

31. Special Orders Maria’s Food Service provides meals that nonprofi t organizations distribute to handicapped and elderly people. Here is her forecasted income statement for April

What is chargeback, A process in the industry where a wholesaler needs an a...

A process in the industry where a wholesaler needs an amount that is the difference among the manufacturer's price to the wholesaler and the contract price to the resale customer.

Determine internal rate of return and cash flow statement , A local deliver...

A local delivery company has purchased a delivery truck for $15,000.  The truck will be depreciated under MACRS as a five year property.  The trucks market value (salvage value)

Great pumpkin farms, Great Pumpkin Farms just given a dividend of $3.50 on ...

Great Pumpkin Farms just given a dividend of $3.50 on its stock.  The growth rate in dividends is expected to be a constant 5 percent per year indefinitely.  Investors need a 16 pe

#title.journal., conard transfered 10000 from her account to the business

conard transfered 10000 from her account to the business

Absorption and marginal costing, company XY produces a single product ''XY1...

company XY produces a single product ''XY1" selling price per unit 15, direct materials per unit 4 direct labour per unit 3 variable overhead per unit 2 fixed overhead incurred 12

Management accounting, Management Accounting It is the part of account...

Management Accounting It is the part of accounting such provides special-reason statements and reports to other persons and management inside the organization.  The informatio

Compute depreciation for each year, A machine costing $210,400 with a four-...

A machine costing $210,400 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the mac

Purpose of cost estimation, Purpose of Cost Estimation In estimating i...

Purpose of Cost Estimation In estimating it assists the future expenditure as cost prediction like the expenditure will depend upon the cost of the respective activities a)

Write Your Message!

Captcha
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