Contribution margin analysis-variable costs Instructions Labels and Amount Descriptions Contribution Margin Analysis Instructions The following data for Romero Products Inc. are available Difference- For the Year Ended December 31 Actual Planned Increase or (Decrease) $185,000.00 $9,000,000.00 $8,815,000.00 2 3 Sales Variable costs: Variable cost of goods sold Variable selling and administrative expenses $3,660,000.00 720,000.00 $ 200.000,00 $3,418,500.00 860,000.00 1.270 500.00 (140,000.00) 101.500.00 Total variable costs Contribution margin analysis-variable costs Instructions Labels and Amount Descriptions Contribution Margin Analysis Instructions Variable cost of goods sold 5 Variable selling and administrative expenses $3,660,000.00 720,000.00 $4,380,000.00 $4,620,000.00 40,000.00 Total variable costs $3,418,500.00 860,000.00 $4,278,500.00 $4,536,500.00 43,000.00 $241,500.00 (140,000.00) $101,500.00 $83,500.00 7 Contribution margin # Number of units sold 9 Per unit: 10 11 Sales price Variable cost of goods sold Variable selling and administrative expenses $225.00 91.50 $205.00 79.50 12 18.00 20.00 Check My Work 10 more Check My Work uses remaining Contribution margin analysis-variable costs Instructions Labels and Amount Descriptions Contribution Margin Analysis Instructions Labels and Amount Descriptions Contribution Margin Analysis Prepare a contribution margin analysis of the variable costs for Romero Products Inc. for the year ended December 31. 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 Analysis - Variable Costs (Label) 1 (Label) Instructions Labels and Amount Descriptions Contribution Margin Analysis Instructions Labels and Amount Descriptions Contribution Margin Analysis (Label) 1 (Label) 5 (Label) 10 more Check My Work lises remainina eBook Calculator Print Item The following data for Romero Products Inc. are available: Difference- For the Year Ended December 31 Actual Planned Increase or (Decrease) $185,000.00 2 Sales $9,000,000.00 $8,815,000.00 3 Variable costs: $3,660,000.00 $3,418,500.00 $241,500.00 Variable cost of goods sold Variable selling and administrative expenses 5 720,000.00 860,000.00 Total variable costs $4,278,500.00 $4,536,500.00 (140,000.00) $101,500.00 $83,500.00 $4,380,000.00 $4,620,000.00 40,000.00 7 Contribution margin 8 Number of units sold 43,000.00 9 Per unit: 10 Sales price $225.00 11 Variable cost of goods sold 91.50 $205.00 79.50 20.00 12 Variable selling and administrative expenses 18.00 Instructions Labels and Amount Descriptions Contribut Labels and Amount Descriptions Labels December 31 Effect of changes in sales Effect of changes in variable cost of goods sold Effect of changes in variable selling and administrative expenses For the Year Ended December 31 Amount Descriptions Decrease in contribution margin from change in variable costs Increase in contribution margin from change in variable costs Sales quantity factor Total effect of changes in variable cost of goods sold Total effect of changes in selling and administrative expenses Unit cost factor Unit price factor Variable cost quantity factor Prepare a contribution margin analysis of the variable costs for Romero Products Inc. for the year ended December 31. 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 Analysis -- Variable Costs (Label) 1 (Label) 5 (Label) Activate Windo GO TO SE