Question: Cost Behavior High-Low Contribution Margin Income Statement - Cover-to-Cover Cost Behavior Contribution Margin Income Statement - Biblio Files Shaded cells have feedback Shaded cells have

Cost Behavior High-Low Contribution Margin Income Statement - Cover-to-Cover Cost Behavior Contribution Margin Income Statement - Biblio Files Shaded cells have feedback Shaded cells have feedback 1 Sales 5424,000.00 1 Variable costs: Manufacturing expense $169,600.00 Selling expense 16,960.00 67,840.00 Administrative expense 254,400.00 $169,600.00 Contribution margin Fixed costs Manufacturing expense 588.000.00 3.000.00 Selling expense 10.000.00 105100000 10 Administrative expense Contribution Margin Shaded cells have feedb Review the contribution margin income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statements pa 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 25% Contribution margin ratio (percent) Unit contribution margin $1.25 Break-even sales (units) 33,920 Break-even sales (dollars) $169,600.00 X
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
