Company net contribution margin

Assignment Help Accounting Basics
Reference no: EM13134746

Last year, Twins Company reported $750,000 in sales (25,000 units) and a net operating income of $25,000. At the break-even point, the company's total contribution margin equals $500,000. Based on this information, the company's:

a) contribution margin ratio is 40%.

b) break-even point is 24,000 units.

c) variable expense per unit is $9.

d) variable expenses are 60% of sales.

Reference no: EM13134746

Questions Cloud

Properties of parabolas and formulas : Find all lines through the point (2,1) that are tangent to parabola y=xsquared. What properties of parabolas and formulas do you use to solve this problem?
Explain number of chiral carbons as beta-d-glucose : Does beta-D-fructose in its cyclic form have the same number of chiral carbons as beta-D-glucose?
Prepare a variance analysis report with both flexible-budget : Prepare a variance analysis report with both flexible-budget and sales-volume variances.
How much cash is budgeted to be paid in february : The cash balance on February 1st was $20,000. Zeppelin's goal is to maintain at least a $20,000 cash balance. Zeppelin can borrow cash in increments of $1,000. How much cash is budgeted to be paid in February for operating costs?
Company net contribution margin : Last year, Twins Company reported $750,000 in sales (25,000 units) and a net operating income of $25,000. At the break-even point, the company's total contribution margin equals $500,000. Based on this information, the company's:
Find imported autos sold to over forty age group : The proportion p1 of all imported autos sold to 25-40 age group is greater than or equal to the proportion p2 of imported autos sold to over 40 age group?
What will be the final pressure in the two bulbs : When the valve between the 2.00-L bulb, in which the gas pressure is 2.00 atm, and the 3.00-L bulb, in which the gas pressure is 4.50 atm, is opened, what will be the final pressure in the two bulbs?
Determine the amount of depreciation expense : The equipment was used for 8,000 hours during 2006, 7,500 hours in 2007, and 5,500 hours in 2008. Instructions Determine the amount of depreciation expense for the years ended December 31, 2006
Find probability that resistor picked at random is rejected : Assuming that X is a normal R.V. with mean 1000 and variance 2500, find the probability that a resistor picked at random will be rejected.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd