Compute what is the contribution margin ratio

Assignment Help Accounting Basics

Reference no: EM131933375

Problem

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 40,000 Variable expenses 26,000 Contribution margin 14,000 Fixed expenses 8,680 Net operating income $ 5,320 2. What is the contribution margin ratio?

Reference no: EM131933375

Questions Cloud

What are some labor-related factors that would favor canada : What are some labor-related factors that would favor Canada as the location of the new facility? Or Mexico for that matter?

Construct the payoff table for this problem : Develop a decision analysis formulation for this problem (define the states of nature, the alternatives, and the payoff table.

Stephen coveys the 7 habits of highly effective people : Write a 3,000 word response to Stephen Coveys The 7 Habits of Highly Effective People - Provide a personal response to the books ideas

Prepare journal entries to update depreciation : Ottawa Corporation owns machinery that cost $62,860 when purchased. Prepare journal entries to (a) update depreciation for 2015 and (b) record the sale.

Compute what is the contribution margin ratio : Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units. Compute What is the contribution margin ratio?

Create an Entity Relationship diagram relevant to Case : Create an Entity Relationship (ER) diagram relevant to the above case study and optionally perform logical design to produce appropriate 3NF Relations

Launching a successful eap program : What are the key steps for launching a successful EAP program? Should firms offer EAPs? Why or why not?

How much money do you have to save in the first year : You value education and you want your kids to receive the best possible education. Butsending kids to private schools and Ivy League colleges is not cheap.

Compute value of outbacks ending finished-goods inventory : Outback, Ltd., manufactures tactical LED flashlights in Melbourne. Compute the value of Outback's 20x4 ending finished-goods inventory under absorption costing.

User Account

All Pages