20. A company’s contribution approach income statement showed net income, variable production expenses, and fixed expenses of P4,000, P15,000, and P10,000, respectively. How much contribution margin did the company earn?
Q: If the contribution margin ratio for Peppa Company is 42%, sales were $2,500,000, and fixed costs…
A: Variable costs = Sales x (1 - contribution margin ratio ) = $2,500,000 x (1 - 0.42) = $1,450,000
Q: 3. A company requires $1,360,000 in sales to meet its net income target. Its contribution margin is…
A: The contribution margin is calculated as difference between sales and variable costs. The break…
Q: a. Criticize the preceding presentation. On what basis does the $10,000 of company fixed expenses…
A: Calculation of ratio of allocating company fixed expenses: 3333 : 1667 : 5000 or .33 : .17 : .50 or…
Q: 26-If the sales of the company are OMR 300,000, Profit OMR 30,000, variable cost 60%, find out the…
A: Sales revenue: It is the revenue earned by an organization on selling the products to the outsiders.…
Q: For Sheridan Company, sales is $2000000, fixed expenses are $900000, and the contribution margin…
A: Solution: Fixed expenses = $900,000 Target net income = $700,000 Contribution margin ratio = 36%
Q: Company XYZ made total contribution margin of $400,000 and a net income of $130,000. The company…
A: Contribution Margin – Fixed Expenses = Net Income (Loss). Fixed expenses = Contribution margin - net…
Q: The contribution format income statement for Huerra Company for last year is given below:…
A: Return on investment: It is used to measure the efficiency of the investment of the organisation.
Q: The Variable Cost of Goods Sold in the Marin Company totals P325,000. Fixed selling and…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Company XYZ made total contribution margin of $900,000 and a net income of $80,000. The company also…
A: Total fixed cost=Contribution-Net income=$900,000-$80,000=$820,000
Q: Complete each of the following contribution format income statements by supplying the missing…
A: Contribution format income statement: Contribution format income statement highlights the cost…
Q: 1. The Variable Cost of Goods Sold in the Marin Company totals P325,000. Fixed selling and…
A: Contribution margin = Sales - Total Variable cost Total Variable cost = P325,000 + P210,000 Total…
Q: Complete a contribution margin income statement for the following sentence (show work). A company…
A: Introduction Contribution is the amount that is received by a business after deducting all variable…
Q: The contribution margin ratio of Donath Corporation's only product is 65%. The company's monthly…
A: Contribution margin ratio = 65% Fixed expense = $573,300 Target profit = $9,100
Q: A company has a single product with a selling price of $12 per unit, which is calculated as variable…
A: We have the following information: A company has a single product with a selling price of $12 per…
Q: If the contribution margin ratio for France Company is 41%, sales were $442,000, and fixed costs…
A: Given: Sales =$442000 Fixed cost =…
Q: Stockmaster Corporation has provided the following contribution format income statement. Assume that…
A: A margin of safety is a built-in cushion that allows for some losses to occur without having a…
Q: The records of Valium Company show a contribution margin ratio of 25%. The company desires to earn a…
A: Units to be sold for earning desired profit will be number of units at which business is recovering…
Q: Last period Hartig Corporation sold 40.000 units, total sales were $303,000, total variable expenses…
A: Given that: No of units sold = 40000 Sales = $303,000 Variable expenses = $227250 Fixed Expense =…
Q: $61,000 52,600 $ 8,400 Sales Cost of goods sold Gross profit Operating expenses 13,500 Operating…
A: Contribution=Sales-Variable costs
Q: If the contribution margin ratio for France Company is 35%, sales are $419,000, and fixed costs are…
A: Contribution=Sale×Contribution margin ratio=$419,000×35%=$146,650
Q: If the contribution margin ratio for France Company is 43%, sales are $407,000, and fixed costs are…
A: The contribution margin ratio is computed by dividing the contribution by the sales and multiplying…
Q: A company has fixed costs of P150,000, a variable cost ratio of 60%, and a margin of safety ratio of…
A: None of the above.
Q: 11) If the contribution margin ratio for France Company is 39%, sales were $473,000, and fixed costs…
A: Given that: Contribution Margin ratio = 39% Sales = $473000 Fixed costs = $95000
Q: A company has fixed costs of $270,000, a contributmargin per unit of $14, and a contribution margin…
A: The Break-even point is the point where the company is able to cover all its costs but does not make…
Q: The records of Valium Company show a contribution margin ratio of 45%. The company desires to earn a…
A: The target sales revenue is calculated by dividing the target contribution margin by contribution…
Q: The Variable Cost of Goods Sold in the Marin Company totals P325,000. Fixed selling and…
A: Variable Costing - In this costing method, variable costs are considered while preparing the cost of…
Q: 20. The following is a summarized income statement of CoolKid Co.'s profit center No. 44 for March:…
A: Organization is divided into three parts which are, (1)Cost center (2) Profit center (3) Investment…
Q: How much is controllable margin? NUBD Manufacturing reported the following items for 2021: Income…
A: The controllable margin is calculated as difference between contribution margin and controllable…
Q: income is $500,000. What should be reported as variable expenses in the contribution margin income…
A: The contribution margin is calculated as difference between sales and variable cost.
Q: If the contribution margin ratio for France Company is 31%, sales were $431,000, and fixed costs…
A: Correct Ans.: Option d. $33610
Q: Company XYZ made total contribution margin of $800,000 and a net income of $90,000. The company also…
A: Fixed Manufacturing cost:-It is the cost which incurred in the production of goods which can never…
Q: If the contribution margin ratio for France Company is 31%, sales were $431,000, and fixed costs…
A: Cost-volume profit analysis is a tool that helps in decision making by establishing a relationship…
Q: The company shows a contribution margin ratio of 25%. The company desires to earn a profit of…
A: CVP analysis is considered a decision-making tool that helps management to make strategies and take…
Q: Belowis an income statement for NUBD Company: P 400,000 (120.000) Contribution margin P280,000…
A: Contribution Margin Ratio = Contribution MarginSales × 100 = P280,000P400,000×100 = 70% Break Even…
Q: Company XYZ made total contribution margin of $ 300,000 and a net income of $ 140,000. The company…
A: Net income = Contribution margin - fixed cost $140000 = $ 300000 - fixed cost Fixed cost = $ 300000…
Q: 1. Pantok Manufacturing, most recent income statement follows: Total P208,000 144,000 Sales (8,000…
A: The contribution margin income statement indicates the excess of revenue over the variable expenses…
Q: EQUIRED: Calculate the company's total contribution margin last month. a. P924,000 b. P392,000 c.…
A: solution given Sales in units 2000 9000 Selling price per unit 350 140 Variable…
Q: Company XYZ made total contribution margin of $400,000 and a net income of $130,000. The company…
A: Calculation of Fixed Selling and Administrative expenses :-
Q: Belowis an income statem ent for NUBD Company P400,000 (120.000) Contribution margin P280,000…
A: Contribution margin ratio = Contribution margin /sales = 280000/400000 = 70%
Q: A company’s contribution approach income statement showed net operating incomeof $4,000, and fixed…
A: Contribution margin: Difference between the sales and the variable costs is called contribution…
Q: V. A company’s contribution format income statement for the previous follows: Amount Sales…
A: Solution:- a) Computation of the company’s degree of operating leverage as follows:- Formula:-…
Q: Company XYZ made total contribution margin of $200,000 and a net income of $150,000. The company…
A: Contribution = Fixed cost + Net profit
Q: The contribution margin ratio of Donath Corporation's only product is 65%. The company's monthly…
A: Solution.. Contribution margin ratio = 65% Fixed cost = $573,300 Target profit = $9,100 Target…
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- If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month, what is their degree of operating leverage? 0.21 1.21 2.4 5.7If a firm has a contribution margin of $59,690 and a net income of $12,700 for the current month, what is their degree of operating leverage? A. 0.18 B. 1.18 C. 2.4 D. 4.7A company’s contribution approach income statement showed net operating incomeof $4,000, and fixed expenses of $10,000. How much contribution margin did thecompany earn?a. $29,000b. $15,000c. $19,000d. $14,000
- A company requires P1,020,000 in sales to meet its net income target. Its contribution margin is 30%, and fixed costs are P180,000. What is the target net income? Group of answer choices P306,000 P234,000 P420,000 P126,00013. During the year, the total fixed costs amounted to P60,000 when the contribution margin is 40% of sales and operating income is 10% of sales. a. How much is the total sales? P b. how much is the total variable costs? PHow much is controllable margin? NUBD Manufacturing reported the following items for 2021: Income tax expense P 30,000 Contribution margin 100,000 Controllable fixed costs 60,000 Interest expense 20,000 Total operating assets 325,000
- (11) If the contribution margin ratio for France Company is 39%, sales were $473,000, and fixed costs were $95,000, what was the income from operations? a.$184,470 b.$71,576 c.$89,470 d.$95,000The February contribution format income statement of Mcabier Corporation appears below: Sales $ 211,200 Variable expenses 96,000 Contribution margin 115,200 Fixed expenses 84,100 Net operating income $ 31,100 The degree of operating leverage is closest to: a/ 0.27 b/ 6.79 c/ 3.70 d/ 0.15Information concerning a company's products is as follows: Sales, $300,000; Variable costs, $240,000; Fixed costs, $40,000. Assuming that the company increased sales of the product by 25%, what should the operating income be?
- *CAN YOU ANSWER PARTS 4-7* The contribution format income statement for Huerra Company for last year is given below: Total Unit Sales $ 992,000 $ 49.60 Variable expenses 595,200 29.76 Contribution margin 396,800 19.84 Fixed expenses 318,800 15.94 Net operating income 78,000 3.90 Income taxes @ 40% 31,200 1.56 Net income $ 46,800 $ 2.34 The company had average operating assets of $492,000 during the year. Required: 1. Compute the company’s return on investment (ROI) for the period using the ROI formula stated in terms of margin and turnover. For each of the following questions, indicate whether the margin and turnover will increase, decrease, or remain unchanged as a result of the events described, and then compute the new ROI figure. Consider each question separately, starting in each case from the data used to compute the original ROI in (1) above. 2. Using Lean Production, the company is able to reduce the average level of…The following data pertain to W Company's two products: Product X Product Y Sales in Rands ........ R100 000 R80 000 Contribution margin ratio 48% 30% If fixed expenses for the company as a whole are R60 000 and the product mix is constant, the overall break-even point for the company would be: A. R150 000. B. R100 000. C. R153 846. D. R132 000.If the company wants to achieve a residual income of P 40,000 using an imputed interest charge of 15%, what will be the selling price per unit of 20,000 units sold ; where its costs and expenses totaled P 250,000, working capital used totaled P 300,000 and PPE-net amounted to P 100,000. a• 15.50 b• 5.00 c• 17.50 d• 35.00