a. Coastal Company budgets sales of $870,000, fixed costs of $62,600, and variable costs of $278,400. What is the contribution margin ratio for Coastal Company?fill in the blank 1 of 1 % b. If the contribution margin ratio for Bushner Company is 66%, sales were $652,000, and fixed costs were $296,920, what was the operating income?
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a. Coastal Company budgets sales of $870,000, fixed costs of $62,600, and variable costs of $278,400. What is the contribution margin ratio for Coastal Company?
fill in the blank 1 of 1 %
b. If the contribution margin ratio for Bushner Company is 66%, sales were $652,000, and fixed costs were $296,920, what was the operating income?
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- Garrett Company provided the following information: Common fixed cost totaled 46,000. Garrett allocates common fixed cost to Product 1 and Product 2 on the basis of sales. If Product 2 is dropped, which of the following is true? a. Sales will increase by 300,000. b. Overall operating income will increase by 2,600. c. Overall operating income will decrease by 25,000. d. Overall operating income will not change. e. Common fixed cost will decrease by 27,600.a. Coastal Company budgets sales of $1,070,000, fixed costs of $55,400, and variable costs of $246,100. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 50%, sales were $517,000, and fixed costs were $204,220, what was the operating income?a. Young Company budgets sales of $960,000, fixed costs of $34,600, and variable costs of $153,600. What is the contribution margin ratio for Young Company? b. If the contribution margin ratio for Martinez Company is 61%, sales were $559,000, and fixed costs were $248,920, what was the operating income?
- Contribution margin ratio a. Coastal Company budgets sales of $1,050,000, fixed costs of $82,700, and variable costs of $367,500. What is the contribution margin ratio for Coastal Company? % b. If the contribution margin ratio for Bushner Company is 51%, sales were $448,000, and fixed costs were $178,210, what was the operating income?If the contribution margin ratio for Martinez Company is 51%, sales were $707,000, and fixed costs were $248,790, what was the operating income?$fill in the blank 2a. Young Company budgets sales of $1,210,000, fixed costs of $68,100, and variable costsof $302,500. What is the contribution margin ratio for Young Company?_______% b. If the contribution margin ratio for Martinez Company is 40%, sales were $684,000, and fixed costs were $213,410, what was the operating income?$_______
- Contribution margin ratio a. Coastal Company budgets sales of $1,080,000, fixed costs of $38,900, and variable costs of $172,800. What is the contribution margin ratio for Coastal Company?fill in the blank 1 of 1 % b. If the contribution margin ratio for Bushner Company is 42%, sales were $848,000, and fixed costs were $277,800, what was the operating income?fill in the blank 1 of 1$The controller of Ashton Company prepared the following projected income statement: Sales $97,000 Total variable cost 32,850 Total fixed cost 43,800 Operating income $20,440 Required: Calculate the contribution margin ratio?a. Imelda Company budgets sales of $850,000, fixed costs of $19,100, and variable costs of $85,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.)fill in the blank 1 % b. If the contribution margin ratio for Peppa Company is 35%, sales were $630,000, and fixed costs were $154,350, what was the income from operations?$fill in the blank 2
- a. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of $1,116,000. What is the contributior margin ratio for Imelda Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 42%, sales were $2,500,000, and fixed costs were $590,000, what was the income from operations?a. Young Company budgets sales of $1,040,000, fixed costs of $53,800, and variable costs of $239,200. What is the contribution margin ratio for Young Company?fill in the blank 1 % b. If the contribution margin ratio for Martinez Company is 57%, sales were $515,000, and fixed costs were $199,610, what was the operating income?$fill in the blank 2a. Yountz Company budgets sales of $1,130,000, fixed costs of $68,600, and variable costs of $305,100. What is the contribution margin ratio for Yountz Company? (Enter your answer as a whole number.)fill in the blank 1 % b. If the contribution margin ratio for Vera Company is 38%, sales were $809,000, and fixed costs were $224,420, what was the income from operations?$fill in the blank 2