Question: Contribution Margin Shadod cells have feedback Review the contribution margin income statements for Cover-to-Cover Company and Biblio Fles Company on their respective Income Statements panels.

Contribution Margin Shadod cells have feedback Review the contribution margin income statements for Cover-to-Cover Company and Biblio Fles Company on their respective Income Statements panels. Complete the following table from the data provided in the income statements. Each company Sold 84,800 units during the year Biblio Files Company Cover to Cover Company % Contribution margin ratio (percent) % Unit contribution margin S Break-even sales (units) Break-even sales (dollars) $ Points 078 Income Statement - Cover-to-Cover Cover-to-Cover Company Contribution Margin Income Statement For the Year Ended December 31, 2017 1 Sales 5424,000.00 2 Variable costs: 3 Manufacturing expense Selling expense $254,400.00 21,200.00 1 Administrative expense 63,600.00 339,200.00 Contribution margin $84,800.00 7 Fixed costs: Manufacturing expense 55.000.00 Selling expense 4.000.00 10 Administrative expense 12,200.00 21.200.00 11 Income from operations $63.600.00 Biblio Files Company Contribution Margin Income Statement For the Year Ended December 31, 2047 1 Sales $424,000.00 2 Variable costs: 5 $169,600.00 16,960.00 Manufacturing expense Selling expense Administrative experte Contribution margin 5 67,840.00 254400.00 G $169.600.00 7 Fixed costs: 588.000,00 Manufacturing expense Selling expense 3,000.00 15 Administrative expense 10.000.00 106.000,00 Incore from operation $63.600.00
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
