Question: 3. What is the Contribution Margin and Contribution Margin Ratio if $75,000 of the overhead is considered variable overhead? ( 2 points) 4. Determine the
3. What is the Contribution Margin and Contribution Margin Ratio if $75,000 of the overhead is considered variable overhead? ( 2 points) 4. Determine the break-even volume of work, in terms of Revenue for Dragon Construction using the information determined in 3 , above. (2 points) 5. Using the Dragon Construction's Income Statement, determine the P\&O Markup that the company should be using to prepare a bid for a $1,200,000 project. What should the bid price be for the project (see pages 146 - 147) (5 points) 1. Shown below is the company Income Statement for Dragon Construction. Fill in each blank that is shaded (1 point each). 2. From your completed Income Statement, please determine the following. a. Gross Profit Margin (2 points) b. Profit Margin (Pretax) (2 points) c. If Dragon Construction's Balance Sheet showed Total Assets of $655,000 last year and $815,000 this year, what is the return on assets? ( 3 points) d. Using the Balance Sheet information in c, above, what is the Assets to Revenue Ratio ( 3 points)
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