Question

Alpha Corp reported the following: Revenues $10,000 Variable manufacturing costs ? Variable nonmanufacturing costs $ 3,000...

Alpha Corp reported the following:

Revenues $10,000
Variable manufacturing costs ?
Variable nonmanufacturing costs $ 3,000
Fixed manufacturing costs $ 1,000
Fixed nonmanufacturing costs ?


If Alpha's contribution margin is $5,000, what would Alpha's gross margin be?

Group of answer choices

$7,000

$6,000

$5,000

$4,000

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Sunland Corp. had total variable costs of $193,800, total fixed costs of $133,300, and total revenues...
Sunland Corp. had total variable costs of $193,800, total fixed costs of $133,300, and total revenues of $340,000. Compute the required sales in dollars to break even. Required sales $ Amanda Company reports the following total costs at two levels of production. Classify each cost as variable, fixed, or mixed. 5,000 Units 10,000 Units Indirect labor $ 3,000 $ 6,000 Fixed CostsMixed CostsVariable Costs Property taxes 7,000 7,000 Fixed CostsMixed CostsVariable Costs Direct labor 28,000 56,000 Fixed CostsMixed CostsVariable Costs...
Eastland Corp. had total variable costs of $150,000, total fixed costs of $120,000, and total revenues...
Eastland Corp. had total variable costs of $150,000, total fixed costs of $120,000, and total revenues of $250,000. (a1) Your answer is correct. Calculate contribution margin ratio. Contribution margin ratio % SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 5 used (a2) Compute the required sales in dollars to break even. Required sales $
A company operates with a mix of fixed and variable costs (which are not given but...
A company operates with a mix of fixed and variable costs (which are not given but you need to figure out). Under scenario A, a company needs to produce 3,000 units, calculated average cost is $3 per unit. Under Scenario B, a company needs to produce 6,000 units, its calculated average cost is $2.50. The company's fixed costs are: Group of answer choices $5,000 $4,000 $2,000 $3,000
Direct materials $14,000 Direct labor $17,000 Other Costs Variable Fixed Manufacturing overhead $18,000 $12,000 Marketing $3,000...
Direct materials $14,000 Direct labor $17,000 Other Costs Variable Fixed Manufacturing overhead $18,000 $12,000 Marketing $3,000 $11,000 Administrative $7,000 $6,000 In the table above are shown costs incurred during April by Wright Aero-Bikes. The amount classified as product costs would be?
Christi Manufacturing provided the following information for last month:                   Sales            &
Christi Manufacturing provided the following information for last month:                   Sales                                 $10,000                   Variable costs                      3,000                   Fixed costs                           5,000                   Operating income              $2,000          If sales double next month, what is the projected operating income? [[selectone]] a. $4,000 b. $7,000 c. $12,000 d. $9,000
At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000,...
At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing costs of $1,000, variable selling and administrative costs of $2,000 and fixed selling and administrative costs of $1,000. What is the company's contribution margin per unit? A. $26 B. $36 C. $44
The Atalia Corp. sells bicycle helmets for $56 each. The variable manufacturing costs per unit total...
The Atalia Corp. sells bicycle helmets for $56 each. The variable manufacturing costs per unit total $20 per unit (direct material, direct labor and manufacturing overhead). The total fixed manufacturing overhead is $15,000. For selling and administrative costs, variable S&A is $1 per unit and fixed S&A is $25,000. Atalia produced 5,000 units and sold 4,000 units. The absorption costing NOI is _________, and the variable costing NOI is _________
Amanda Manufacturing Company prepared the following static budget income statement: Revenues $ 452,250 Variable Costs (317,250...
Amanda Manufacturing Company prepared the following static budget income statement: Revenues $ 452,250 Variable Costs (317,250 ) Contribution Margin 135,000 Fixed Costs (64,000 ) Net Income $ 71,000 The budgeted costs were based on a planned sales volume of 13,500 units. Actual production was 7,700 units. The amount of net income based on a flexible budget of 7,700 units would have been? Please show your work. Multiple Choice $5,300. $7,300. $13,000. $253,250.
At its $34 selling price, Atlantic Company has sales of $34,000, variable manufacturing costs of $5,000,...
At its $34 selling price, Atlantic Company has sales of $34,000, variable manufacturing costs of $5,000, fixed manufacturing costs of $2,000, variable selling and administrative costs of $5,000 and fixed selling and administrative costs of $2,000. What is the company's contribution margin per unit?
The ABC department store has three major product lines: hardware, clothing, and sporting goods. The store...
The ABC department store has three major product lines: hardware, clothing, and sporting goods. The store is considering dropping the clothing line because the income statement shows that it is operating at a loss. Note the income statement for these product lines below: Hardware Clothing Sporting Goods Total Sales $10,000 $15,000 $25,000 $50,000 Less: Variable costs $6,000 $8,000 $12,000 $26,000 Contribution Margin $4,000 $7,000 $13,000 $24,000 Less: Fixed costs Direct $2,000 $6,500 $4,000 12,500 Allocated $1,000 $1,500 $2,500 $5,000 Total...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT