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?
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- 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?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. 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?If the contribution margin ratio for France Company is 34%, sales were $424,000, and fixed costs were $100,000, what was the income from operations? a.$44,160 b.$100,000 c.$35,328 d.$144,160Contribution Margin Ratio a. Young Company budgets sales of $1,240,000, fixed costs of $41,900, and variable costs of $186,000. What is the contribution margin ratio for Young Company? % b. If the contribution margin ratio for Martinez Company is 62%, sales were $567,000, and fixed costs were $274,200, what was the operating income?
- Contribution Margin Ratio a. Matzinger Company budgets sales of $1,150,000, fixed costs of $155,300, and variable costs of $690,000. What is the contribution margin ratio for Matzinger Company? % b. If the contribution margin ratio for Raynor Company is 39%, sales were $639,000, and fixed costs are $194,380, what is the operating income? Check My Work Previous Nextif sales revenue is $35,000, fixed cost is $5,000, and net operation income is $10,000, what is the contribution margin?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 $277,800, what was the operating income?fill in the blank 1 of 1$
- A company has total sales of $1,000,000, variable costs of $500,000, and fixed costs of $200,000. What is the contribution margin ratio?a. 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 $213,410, what was the operating income?$_______A company has return on sales of 20%, income of $50,000, selling price of $10, and a contribution margin of 40% . A. What are fixed costs? Why? How? B. What are variable costs per units? Why? How? C. What are sales in units? D. What are sales in dollars? Why? How?