ACCT 331 HW Module 2

ACCT 331 HW Module 2 - Variable Expenses $160,000.00 CM...

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Marwick's Piano Inc. Income Statement August % of Total Sales Debit Credit Sales Sales  $126,200.00  Variable Expense COGS  $98,000.00  CM Gross Margin  $28,200.00  Fixed Expenses NOI Selling  $3,050.00  Administrative  $5,000.00  Net Operating Income  $20,150.00  Marwick's Piano Inc. Contribution Income Statement August Debit Credit Sales  $126,200.00  Variable Expenses:  Variable Production  $98,000.00  Variable Selling  $2,000.00  Variable Administrative   $1,000.00  Contribution Margin  $25,200.00  Fixed Expenses: Fixed Production  $300.00  Fixed Selling  $800.00  Fixed Administrative  $2,900.00   $4,000.00  Net Operating Income  $97,000.00  Sales  $475,000.00 
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Unformatted text preview: Variable Expenses $160,000.00 CM $315,000.00 Fixed Expenses $180,000.00 Net Operating Income $135,000.00 Current Statement Sales 400000 Variable Expenses 160000 CM 240000 Fixed Expenses 180000 NOI 60000 Projected Statement Sales 430920 Variable Expenses 191520 CM 239400 Fixed Expenses 210000 NOI 29400 Debit Credit Sales 360000 Variable Expenses 216000 CM 144000 Fixed Expenses 150,000 NOI-6,000 Contribution Income Statement W Frag Loon Total 40% 24% 36% 100% B300,000 100% B180,000 100% B270,000 100% B750,000 100% 108,000 36% 78,000 43% 84,000 31% 84,000 36% 192,000 64% 102000% 57% 186000% 69% 480000% 64% 449,280 B30,720...
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ACCT 331 HW Module 2 - Variable Expenses $160,000.00 CM...

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