Basic Break-Even Calculations Instructions Amount Descriptions Calculations Contribution Margin Income Statement Instruc

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Basic Break-Even Calculations Instructions Amount Descriptions Calculations Contribution Margin Income Statement Instructions Calculations Contribution Margin Income Statement Score: 39/51 1 Sales $142,500.00 1 less: variable costs 48,450.00 3 Total contribution margin $94,050.00 94,050.00 4 less: fixed costs $0.00 Operating income Adams Company Contribution Margin Income Statement At Break Even Number of Units Shaded o Shaded c
Instructions Amount Descriptions Calculations Contribution Margin Income Statement Instructions Suppose that Adams Company sells a product for $19 Unit costs are as follows Direct materials $2.05 Direct labor 120 Variable factory overhead 2.15 Variable selling and administrative expense 1.06 Total fixed factory overhead is $55,520 per year, and total fixed selling and administrative expense is $38,530 Required: 1 Calculate the variable cost per unit and the contribution margin per und 2. Calculate the contribution margin ratio and the variable cost rabo
Basic Break-Even Calculations Instructions Amount Descriptions Calculations Contribution Margin Income Statement Instructions Direct labor 1.20 Variable factory overhead 2.15 Variable selling and administrative expense 1.06 Total fixed factory overhead is $55,520 per year, and total fixed selling and administrative expense is $38,530 Required: 1. Calculate the variable cost per unit and the contribution margin per unit 2 Calculate the contribution margin rabo and the variable cost ratio Calculate the break-even units 4. Prepare a contribution margin income statement at the break-even number of units
Instructions Amount Descriptions Calculations Contribution Margin Income Statement Instructions Amount Descriptions Refer to the list below for the exact wording of text items within your income statement Amount Descriptions Operating income Operating loss Sales Total contribution margin Total foxed expense Total variable expense