The budgets of four companies yield the following information: Up Down Left Righ
ID: 2610759 • Letter: T
Question
The budgets of four companies yield the following information:
Up
Down
Left
Right
Net sales revenue
$ 1,064,000
$ (d)
$ 525,000
$ (j)
Variable Costs
(a)
104,000
315,000
95,700
Fixed Costs
(b)
168,000
200,000
(k)
Operating Income (loss)
89,500
$ (e)
$ (g)
$ 49,800
Units Sold
140,000
16,000
(h)
(I)
Contribution Margin per unit
3.80
$ (f)
$ 70.00
$ 11.00
Contribution Margin Ratio
( c)
80%
(i)
40%
(Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.)
____
Up
Down
Left
Right
Net sales revenue
$ 1,064,000
$ (d)
$ 525,000
$ (j)
Variable Costs
(a)
104,000
315,000
95,700
Fixed Costs
(b)
168,000
200,000
(k)
Operating Income (loss)
89,500
$ (e)
$ (g)
$ 49,800
Units Sold
140,000
16,000
(h)
(I)
Contribution Margin per unit
3.80
$ (f)
$ 70.00
$ 11.00
Contribution Margin Ratio
( c)
80%
(i)
40%
Explanation / Answer
Budget :
UP Down Left right Net sales revenue 1064000 d) 520000 525000 j)159500 Variable cost a) 532000 104000 315000 95700 FIxed cost b) 442500 168000 200000 k) 14000 Operating Income (loss) 89500 e) 248000 g) 10000 49800 Unit sold 140000 16000 h) 3000 l)5800 Contribution Margin per unit 3.80 f) 26 70 11 Contribution Margin ratio c) 50% 80% i) 40% 40%Related Questions
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