Question: Complete question 1 through A to D Part A. Dairy Days Ice Cream sells ice cream cones for $4.00 per customer. Variable costs are $2.00

Complete question 1 through A to D

Part A. Dairy Days Ice Cream sells ice cream cones for $4.00 per customer. Variable costs are $2.00 per cone. Fixed costs are $2,400

per month. What is Dairy Days' contribution margin ratio?

A.252%

B.75%

C.58%

D.50%

Part B. The managerial accountant at Right Stripes TShirt Company reported the following information:The Right Stripes TShirt Company Contribution Margin Income Statement

Sales Revenue

1818

units

$17,100

Variable Expenses

$9,900

Contribution Margin

$_____

Fixed Expenses

$6,700

Operating Income

$500

How many units did Right Stripes TShirt Company sell to achieve the above listed revenue? Compute the company's contribution margin.

.

A. 34 units; $1.73

B. 13.4 units; $27,000

C. 550 units; $ 7,200

D. 950 units; $7,200

The following information pertains to the Flying Fig Corporation:

Total Units for information given

6,000

Fixed Cost per Unit

$50

Selling Price per Unit

$425

Variable Costs per Unit

$200

Target Operating Income

$150,000

What is the breakeven in units? (Round your final calculation to the nearest unit.)

A 2,000 units

B. 1,500 units

C. 1,333 units

D. 667 units

Part D Matthew's Fish Fry has a monthly target operating income of $8,300. Variable expenses are 80% of sales and monthly fixed expenses are $800. What is the monthly margin of safety as a percentage of target sales in dollars?

A. 108.79%

B. 20.00%

C.1,037.50%

D. 91.21%

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