What is the contribution margin ratio, Cost Accounting

Assignment Help:

Sales: $168,042 Variable Costs: $63,987 Total fixed expenses:$ 75,794 Number units sold per year: 6367

1. What is the contribution margin per unit of your product or service?
2. What is the contribution margin ratio?
3. What is sales volume in dollars at the break even point?
4. What is sales volume in units at the break even point?
5. What sales volume in dollars is required to have $10,000 in net income? $50,000 in net income? $100,000 in net income?

Related Discussions:- What is the contribution margin ratio

Incremental costs as relevant costs, Incremental Costs as Relevant Costs ...

Incremental Costs as Relevant Costs An incremental cost is specifically incurred with the following a course of action and ignorable if such action is not implemented. It cont

Overhead variances, OVERHEAD VARIANCES Unlike labour and direct materia...

OVERHEAD VARIANCES Unlike labour and direct material, the manufacturing overhead is not completely variable with the level of production. So, standard costs for factory overh

Explanation of the fixed cost line, A fixed cost is a cost which can't be e...

A fixed cost is a cost which can't be easily identified or related to a cost per unit or activity of any kind for example a cost which remains constant when production of a service

Variable overhead variance, Variable Overhead Variance This is the dis...

Variable Overhead Variance This is the dissimilarity between the variable overheads absorbed and the actual variable overheads warned. Therefore it can be described as the und

Determine the expected rate of growth of dividends, General Motors has to r...

General Motors has to raise new capital in one of the following three ways. Using the income tax rate of 32%, find the after-tax cost of new capital in each case. (A) Sell commo

Compute the variable cost, A soft drink maker wants to expand into a neighb...

A soft drink maker wants to expand into a neighboring country. They want the product bottled in that country to avoid political issues and to enhance the local image of the produc

Compute the cost per unit, Ass ume that during April, the job cost sheet f...

Ass ume that during April, the job cost sheet for Job 206 showed the following: Dept. A Dept. B M

Advantages of average costing method, Average costing method has the follow...

Average costing method has the following main advantages: 1.It is a realistic costing method useful to management in analyzing operating results and appraising future production

Expenditure for the base period and the current period, 1. The table below ...

1. The table below gives data for Southland where there are three consumption goods: bananas, coconuts and grapes. Goods Quantity in base period basket

Demerits of break even point, DEMERITS OF BREAK EVEN POINT 1. It pays n...

DEMERITS OF BREAK EVEN POINT 1. It pays no attention to considerations like effect of government policy changes, changes in the marketing environment etc 2. Fixed cost, enti

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages