Week 3 Mastery Quiz

Week 3 Mastery Quiz - 0,000 +200,000/220-120 0,000/100 00 o...

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Revenue 750,000 Less variable cost (125+90+70) 285,000 Contribution Margin 465,000 Contribution Margin/Revenue 465,000/750,000 = .62 Revenue 1,350,000 Less variable cost (245+500) 745,000 Contribution Margin 605,000 Less fixed costs(270+100+110)480,000 Net Income 125,000 Revenue 1,400,000 Less variable cost (450+245+145) 840,000 Contribution margin 560,000 Less fixed cost (195+100) 295,000 Net Income 265,000 Contribution Margin/Revenue 560,000/1,400,000 = .40 is the contribution ratio Total Fixed Cost + Target Costs Contribution Margin per unit 17000 + 14000 +0/selling price 29 – variable costs 8.5+6.5+7.5+2.5 31,000/4 =7750 Total Fixed Cost + Target Profit/Contribution Margin Ratio (15+18) x 10000 unit produced selling price 100- Variable costs (23+13+14+6)/selling price 100 = 330000/.44 = 750,000 l Fixed + Target profit/Contribution margin per unit 2+23)x4000 + 200,000/Selling price 220 – Variable Cost (75+15+17+13)

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Unformatted text preview: 0,000 +200,000/220-120 0,000/100 00 o st + target profit/contribution margin ratio 0 + 500,000/selling price 1500- variable costs (60+90+17+33)/selling cost 1500 0,000/.8 cost + target profit/ contribution margin ratio 12,000 + 0/selling price 185 – Variable cost (50+15+4+4)/selling price 185 1 7 or 550,820 ing price 185 = 2,035,000 550,820 = 1,484,180 e of operation leverage= bution margin/net income e venue+ units sold 200 x selling price 1000 = 200,000 le cost= (250+60+30+35) x units sold 200 bution margin = revenue 200,000-variable cost 75,000 = 125,000 cost= 55000+50000 = 105,000 come = Contribution margin 125,000 – cost 105,000 = 20,000 000/20,000 Direct material 22 Direct Labor 5 Variable manufac 4 31 Week 3 Mastery Quiz Question 1 Question 2 Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 Answer to question 8 Question 9 Question 10...
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This note was uploaded on 04/03/2011 for the course ACCT 346 taught by Professor Jones during the Spring '11 term at DeVry Kansas City.

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Week 3 Mastery Quiz - 0,000 +200,000/220-120 0,000/100 00 o...

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