Contribution margin analysissales

Instructions

Labels and Amount Descriptions

Contribution Margin Analysis

X

Instructions

The following data for Romero Products Inc. are available:

For the Year Ended December 31	Actual	Planned	Increase or (Decrease)
Sales	$8,550,000	$8,405,000	$145,000
Less:
Variable cost of goods sold	$3,477,000	$3,280,000	$197,000
Variable selling and administrative expenses	665,000	820,000	(155,000)
Total variable costs	$4,142,000	$4,100,000	$42,000
Contribution margin	$4,408,000	$4,305,000	$103,000
Number of units sold	38,000	41,000
Per unit:
Sales price	$225	$205
Variable cost of goods sold	91.50	80
Variable selling and administrative expenses	17.50	20

Prepare an analysis of the sales quantity and unit price factors. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon (:) will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

X

Labels and Amount Descriptions

Labels
Effect of changes in sales
Effect of changes in selling and administrative expenses
Effect of changes in variable cost of goods sold
For the Year Ended December 31
Amount Descriptions
Sales quantity factor
Total effect of changes in sales
Unit cost factor
Unit price factor
Variable cost quantity factor

X

Contribution Margin Analysis

Prepare an analysis of the sales quantity and unit price factors. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon (:) will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Romero Products Inc.

Contribution Margin AnalysisSales

1

2

3

4

Prepare an analysis of the sales quantity and unit price factors. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon (:) will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Romero Products Inc.

Contribution Margin AnalysisSales

1
2
3
4

Margin Analysis Contribution Margin The following data for Romero Products Inc. are available Prepare an analysis of the sales quantity and unit price lectors. Refer to the lists of Labels and Amount Desciptions for the exact wording of the answer choices for text entries. Bo sure to complote the statemont heading. A colon (:) wit automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign For the Year Ended December 31 Actual Planned Increase or (Decrease) $8.550,000 $8.405.000 $145.000 ess: Variable cost of goods sold Variable seling and administrative cxpenses 65,C00 B20,c00 Total variable costs Contribution margin Number of units sold Per unit: Sales price Variable cost of goods sold Variable seling and administrative expenses 17.50 3.477.000 $3.280,000 5197,000 (155,000) $42.000 $103,000 Romero Products Inc. Contribution Margin Analysis Sales $4.142.000 $4,100,000 $4.408,000 $4.305,000 38,000 41,000 S205 80 20 S225 91.50 Prepare an analysis of the sales quantity and unit prico factors. Refor to the lists of Labols and Amount Descriptions for the exact wording of the answer choices for text ontries. Be sure to complato the statement heading. A colon (;) wi automatically appear if it is reguwred. For those boxes in which you must enter subtracted or negative ls and Amount Descriptions Labels Effect of changes in sales Effect of changes in selling and administrative expenses Effect of changes in variable cost of goods sold For the Year Ended December 31 Sales quantity factor Total effect of changes in sales Unit cost factor Unit price factor Variable cost quantity factor Margin Analysis Contribution Margin The following data for Romero Products Inc. are available Prepare an analysis of the sales quantity and unit price lectors. Refer to the lists of Labels and Amount Desciptions for the exact wording of the answer choices for text entries. Bo sure to complote the statemont heading. A colon (:) wit automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign For the Year Ended December 31 Actual Planned Increase or (Decrease) $8.550,000 $8.405.000 $145.000 ess: Variable cost of goods sold Variable seling and administrative cxpenses 65,C00 B20,c00 Total variable costs Contribution margin Number of units sold Per unit: Sales price Variable cost of goods sold Variable seling and administrative expenses 17.50 3.477.000 $3.280,000 5197,000 (155,000) $42.000 $103,000 Romero Products Inc. Contribution Margin Analysis Sales $4.142.000 $4,100,000 $4.408,000 $4.305,000 38,000 41,000 S205 80 20 S225 91.50 Prepare an analysis of the sales quantity and unit prico factors. Refor to the lists of Labols and Amount Descriptions for the exact wording of the answer choices for text ontries. Be sure to complato the statement heading. A colon (;) wi automatically appear if it is reguwred. For those boxes in which you must enter subtracted or negative ls and Amount Descriptions Labels Effect of changes in sales Effect of changes in selling and administrative expenses Effect of changes in variable cost of goods sold For the Year Ended December 31 Sales quantity factor Total effect of changes in sales Unit cost factor Unit price factor Variable cost quantity factor