a. Young Company budgets sales of $1,060,000, fixed costs of $31,000, and variable costs of $137,800. What is the contr
Posted: Mon Apr 25, 2022 7:37 am
a. Young Company budgets sales of $1,060,000, fixed costs of $31,000, and variable costs of $137,800. What is the contribution margin ratio for Young Company?fill in the blank 1 %
b. If the contribution margin ratio for Martinez Company is 56%, sales were $637,000, and fixed costs were $246,140, what was the operating income?$fill in the blank 2
Currently, the unit selling price of a product is $330, the unit variable cost is $270, and the total fixed costs are $720,000. A proposal is being evaluated to increase the unit selling price to $370.
a. Compute the current break-even sales (units).fill in the blank 1 units
b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.fill in the blank 2 units
b. If the contribution margin ratio for Martinez Company is 56%, sales were $637,000, and fixed costs were $246,140, what was the operating income?$fill in the blank 2
Currently, the unit selling price of a product is $330, the unit variable cost is $270, and the total fixed costs are $720,000. A proposal is being evaluated to increase the unit selling price to $370.
a. Compute the current break-even sales (units).fill in the blank 1 units
b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.fill in the blank 2 units