Question: Contribution Margin Report Final Question HEETAL.. Power Train Sports Inc, manufactures and sells two styles of All Terrain Vehicles (ATV), the Mountain Mor Dragon, from
Contribution Margin Report Final Question HEETAL.. Power Train Sports Inc, manufactures and sells two styles of All Terrain Vehicles (ATV), the Mountain Mor Dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The information is available for the two products: Mountain Desert Drage Monster $5,500.00 $5,300 2 Sales price 3,210.00 3,350 3 Variable cost of goods sold $2,090.00 $1,950. 4 Manufacturing margin 1,030.00 1,102 5 Variable selling expenses $1,060.00 5848 305 Contribution margin 470.00 Fixed expenses $590.00 $543. Income from operations Instructions Amount Descriptions Contribution Margin Report Final Question Amount Descriptions Contribution margin Contribution margin ratio Cost of goods sold Fixed expenses Gross profit Manufacturing margin Revenues Variable cost of goods sold Variable selling expenses
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
