Question

Contribution Margin Ratio

**a.** Yountz Company budgets sales of $730,000,
fixed costs of $49,300, and variable costs of $219,000. What is the
contribution margin ratio for Yountz Company? (Enter your answer as
a whole number.)

%

**b.** If the contribution margin ratio for Vera
Company is 41%, sales were $781,000, and fixed costs were $233,750,
what was the income from operations?

$

Answer #1

Answer a.

Contribution Margin = Sales - Variable Costs

Contribution Margin = $730,000 - $219,000

Contribution Margin = $511,000

Contribution Margin Ratio = Contribution Margin / Sales

Contribution Margin Ratio = $511,000 / $730,000

Contribution Margin Ratio = 70%

Answer b.

Contribution Margin Ratio = Contribution Margin / Sales

41% = Contribution Margin / $781,000

Contribution Margin = $320,210

Income from Operations = Contribution Margin - Fixed Costs

Income from Operations = $320,210 - $233,750

Income from Operations = $86,460

Contribution Margin Ratio a. Yountz Company budgets sales of
$760,000, fixed costs of $47,900, and variable costs of $212,800.
What is the contribution margin ratio for Yountz Company? (Enter
your answer as a whole number.) % b. If the contribution margin
ratio for Vera Company is 65%, sales were $678,000, and fixed costs
were $326,120, what was the income from operations?

4. Contribution Margin Ratio
a. Yountz Company budgets sales of $950,000,
fixed costs of $21,400, and variable costs of $95,000. What is the
contribution margin ratio for Yountz Company? (Enter your answer as
a whole number.)
%____
b. If the contribution margin ratio for Vera
Company is 48%, sales were $833,000, and fixed costs were $291,880,
what was the income from operations?
$___

a. Yountz Company budgets sales of $1,240,000,
fixed costs of $39,100, and variable costs of $173,600. What is the
contribution margin ratio for Yountz Company? (Enter your answer as
a whole number.)
%
b. If the contribution margin ratio for Vera
Company is 53%, sales were $516,000, and fixed costs were $213,310,
what was the income from operations?
$

1. Yountz Company budgets sales of $1,190,000, fixed costs of
$50,900, and variable costs of $226,100. What is the contribution
margin ratio for Yountz Company? (Enter your answer as a whole
number.)
2. If the contribution margin ratio for Vera Company is 53%,
sales were $738,000, and fixed costs were $285,530, what was the
income from operations?

Contribution Margin Ratio a. Young Company budgets sales of
$720,000, fixed costs of $51,800, and variable costs of $230,400.
What is the contribution margin ratio for Young Company? %
b. If the contribution margin ratio for Martinez Company is 45%,
sales were $491,000, and fixed costs were $165,710, what was the
operating income?

Contribution Margin Ratio
a. Young Company budgets sales of $760,000,
fixed costs of $22,200, and variable costs of $98,800. What is the
contribution margin ratio for Young Company?
fill in the blank 1 %
b. If the contribution margin ratio for
Martinez Company is 67%, sales were $511,000, and fixed costs were
$246,510, what was the operating income?
$fill in the blank 2

Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales
Revenue
The controller of Sandoval Company prepared the following
projected income statement:
Sales
$90,000
Total Variable cost
79,000
Contribution
margin
$11,000
Total Fixed cost
6,500
Operating income
$4,500
Required:
1. Calculate the contribution margin ratio.
Round your answer to the nearest whole number.
%
2. Calculate the variable cost ratio. Round
your answer to the nearest whole number.
%
3. Calculate the break-even sales revenue for
Sandoval. If required, round your answer...

Contribution Margin
Harry Company sells 30,000 units at $33 per unit. Variable costs
are $25.08 per unit, and fixed costs are $104,500. Determine (a)
the contribution margin ratio, (b) the unit contribution margin,
and (c) income from operations.
a. Contribution margin ratio (Enter as a whole number.)
%
b. Unit contribution margin (Round to the nearest cent.)
$ per unit
c. Income from operations

Ripa Company has the following data:
Sales revenue
$360,000
Variable costs
$240,000
Contribution margin
$120,000
Fixed costs
$100,000
Operating income
$ 20,000
What will the contribution margin ratio be at Ripa Company if sales
volume increases by 15%?

Contribution Margin Harry Company sells 21,000 units at $30 per
unit. Variable costs are $25.50 per unit, and fixed costs are
$31,200. Determine (a) the contribution margin ratio, (b) the unit
contribution margin, and (c) operating income. a. Contribution
margin ratio (Enter as a whole number.) % b. Unit contribution
margin (Round to the nearest cent.) $ per unit c. Operating income
$

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