{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

SI contribution margin2

SI contribution margin2 - SI cfw collaborative peer-led...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
This material is produced by the SI Program at Arizona State University student success .asu.edu { collaborative peer-led structured group study SI How do you get a contribution margin? Unit contribution margin? Contribution margin ratio? What does is mean to break-even? Target profit analysis is used to calculate the sales volume that is needed to .......
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
This material is produced by the SI Program at Arizona State University student success .asu.edu { collaborative peer-led structured group study SI 1) Berg Drycleaners has determined the following about its costs: Total variable expenses are $40,000, total fixed expenses are $30,000, and the sales revenue needed to breakeven is $40,000. What is Berg Drycleaners’ CURRENT sales revenue? Operating income? 2) Big Foot produces sports socks. The company has fixed expenses of $85,000 and variable expenses of $1.20 per package. Each package sells for $2.00 per package. What is the unit contribution margin and the contribution margin ratio?
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern