Question

a. Clearwater Company budgets sales of $3,400,000, fixed costs of $750,000, and variable costs of $2,244,000. What is the contribution margin ratio for Clearwater Company?
b. If the contribution margin ratio for Anaconda Company is 28%, sales were $1,875,000, and fixed costs were $390,000, what was the income from operations?



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  • CreatedFebruary 04, 2014
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