Wilson Company has three stores: A, B, and C. During January, the variable expenses in Store A were P150,000 and the contribution margin ratio was 25%. Store B had a contribution margin of P30,000 and a contribution margin ratio of 20%. Store C had a variable expense of P90,000 and a variable expense ratio of 60% of sales. For January, Wilson Company's sales were: A. P455,000 B. P500,000 C. P555,000
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- Your Company consists of two stores, A and B. Store A had sales of $80,000 during March, a contribution margin ratio of 30%, and a segment margin of $11,000. The company as a whole had sales of $200,000, a contribution margin ratio of 36%, and segment margins for the two stores totaling $31,000. If net operating income for the company was $15,000 for the month, what were the traceable fixed expenses in Store B?Ieso Corporation has two stores: J and K. During November, Ieso Corporation reported a net operating income of $30,000 and sales of $450,000. The contribution margin in Store J was $100,000, or 40% of sales. The segment margin in Store K was $30,000, or 15% of sales. Traceable fixed expenses are $60,000 in Store J, and $40,000 in Store K. Ieso Corporation's total fixed expenses for the year were:Kabuto Seedlings & Plants, Inc. has three Stores: Aye, Bee, and Cee. During February, the variable expenses in Store Aye were ₱90,000 and the contribution margin ratio was 25%. Store Bee had a contribution margin of ₱27,000 and a contribution margin ratio of 20%. Store Cee had variable expenses of ₱120,000 and a variable expense ratio of 60% of sales. For February, Kabuto 's sales were ₱___________.
- Higgins Company sells three products, Product A, Product B, and Product C. Sales during June totaled $1,500,000 in the company. The company's overall contribution margin ratio was 38%, and its fixed expenses totaled $525,000 for the period. Sales by product were: Product A, $750,000; Product B, $450,000; and Product C, $300,000. Traceable fixed expenses were: Product A, $180,000; Product B, $150,000; and Product C, $90,000. The variable expenses were: Product A, $450,000; Product B, $270,000; and Product C, $___?___. The contribution margin ratio for Product C for June was: Select one: a. 0% b. 30% c. 38% d. 70% e. 35%Bronzong Retail Company consists of two stores, Divi-Bron and Divi-Zong. Divi-Bron had sales of P280,000 during January, a contribution margin ratio of 30%, and a segment margin of P55,000. The company as a whole had sales of P500,000, a contribution margin ratio of 38%, and segment margins for the two stores totaling P105,000. If net operating income for the company was P75,000 for the month, the traceable fixed expenses in Divi-Zong must have been PPresented here is the income statement for Big Sky Incorporated for the month of February: Sales $ 60,000 Cost of goods sold 51,900 Gross profit $ 8, 100 Operating expenses 15,200 Operating loss $ (7,100) Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 19%. Required: Rearrange the preceding income statement to the contribution margin format. If sales increase by 10%, what will be the firm's operating income (or loss)? Calculate the amount of revenue required for Big Sky to break even.
- The following monthly data are available for Seasons Company, which produces only one product: Unit selling price, $42; Unit variable expenses, $14; Total fixed expenses, $42,000; Actual sales for the month of June, 4,000 units. What is the company's margin of safety in dollars for June? OA) $105,000 B) $63,000 O C) $70,000 OD) $2,500Georgetown Company's weekly store operating costs for a 10-week period totaled $320,000 for the high, and $260,000 for the low. Sales volumes for those two weeks were $4,000,000 and $3,200,000, respectively. The estimated variable cost per dollar of sales using the high-low method is: A. $0.05 per sales dollar. B. $0.08125 per sales dollar. C. $0.075 per sales dollar. D. $0.1067 per sales dollar.Hydra Company has two locations, downtown and at a surburban mall. During March, the company reported total net income of $337,000 and sales of $1.2 million. The contribution margin in the downtown store was $320,000 (40% of sales). The contribution margin in the mall store is $200,000. Total fixed costs are $90,000 in the downtown store and $93,000 in the mall location. How much are sales at the mall. Show the work. A. $400,000 B. $800,000 C. $666,667 D. Not enough information is provided to answer.
- Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine (A) the manufacturing margin, (B) the contribution margin, and (C) income from operations for Marley Company for the month of MarchIn September, Crane Industries sold 800 units of product. The average sales price was $40. During the month, fixed costs were $6,504 and variable costs were 70% of sales. (a) Determine the contribution margin in dollars, per unit, and as a ratio. (Round Contribution margin to 0 decimal places, e.g. 5,275. Other all answers to 2 decimal places, e.g. 52.75.) Contribution margin (in dollars) $ Unit contribution margin Contribution margin ratio $Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 406,000 Cost of goods sold (all variable) $ 175,800 Total variable selling expense $ 25,200 Total fixed selling expense $ 16,100 Total variable administrative expense $ 12,700 Total fixed administrative expense $ 33,000 The contribution margin for October is