Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells a single product. Sales (3,000 units) $291,000 Varlable costs 117,000 174,000 Contribution margin Fixed costs 136,600 Operating profit $ 37.400 If the company sells 3,300 units, Itc total contribution margin should be closest to: O $41,140. O $203.100. O $174.000. O $191,400. Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells a single product. Sales (3,000 units) $291,000 Varlable costs 117,000 174,000 Contribution margin Fixed costs 136,600 Operating profit $ 37.400 If the company sells 3,300 units, Itc total contribution margin should be closest to: O $41,140. O $203.100. O $174.000. O $191,400. Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells a single product. Sales (3,000 units) $291,000 Varlable costs 117,000 174,000 Contribution margin Fixed costs 136,600 Operating profit $ 37.400 If the company sells 3,300 units, Itc total contribution margin should be closest to: O $41,140. O $203.100. O $174.000. O $191,400. Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells a single product. Sales (3,000 units) $291,000 Varlable costs 117,000 174,000 Contribution margin Fixed costs 136,600 Operating profit $ 37.400 If the company sells 3,300 units, Itc total contribution margin should be closest to: O $41,140. O $203.100. O $174.000. O $191,400. Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells a single product. Sales (3,000 units) $291,000 Varlable costs 117,000 174,000 Contribution margin Fixed costs 136,600 Operating profit $ 37.400 If the company sells 3,300 units, Itc total contribution margin should be closest to: O $41,140. O $203.100. O $174.000. O $191,400. Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells a single product. Sales (3,000 units) $291,000 Varlable costs 117,000 174,000 Contribution margin Fixed costs 136,600 Operating profit $ 37.400 If the company sells 3,300 units, Itc total contribution margin should be closest to: O $41,140. O $203.100. O $174.000. O $191,400. Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells a single product. Sales (3,000 units) $291,000 Varlable costs 117,000 174,000 Contribution margin Fixed costs 136,600 Operating profit $ 37.400 If the company sells 3,300 units, Itc total contribution margin should be closest to: O $41,140. O $203.100. O $174.000. O $191,400. Dartmount Corporation has provided Its contribution format Income statement for June. The company produces and sells a single product. Sales (3,000 units) $291,000 Varlable costs 117,000 174,000 Contribution margin Fixed costs 136,600 Operating profit $ 37.400 If the company sells 3,300 units, Itc total contribution margin should be closest to: O $41,140. O $203.100. O $174.000. O $191,400.
Expert Answer:
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
Students also viewed these accounting questions
-
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. Sales (3,800 units) $ 95,000 Variable expenses 38,000...
-
The Herald Company manufactures and sells a single product which sells for $50 per unit and has a contribution margin ratio of 30%. The company's monthly fixed expenses are $25,000. If Herald desires...
-
Barker Company produces and sells a single product with budgeted or standard costs as follows: Inputs Standards Direct materials 10 lbs at $10.00 per pound Direct labor 8 hours at $12.50 per hour...
-
An analyst predicted the following: 1. Sales of $1,276 million. 2. Core profit margin of 5 percent. 3. Asset turnover of 2.2. 4. Core other operating income and unusual items are zero. The firm's...
-
This Internet exercise requires students to visit the Web site for the company that originated the economic-value-added measure and learn about the uses of the measure.
-
An elliptical staircase that decreases can be modeled by the parametric equations x = rcos(t) y = rsin(t) z = ht/n where r = ab/[bcos(t)2 + [asin(t)2, a and b are the semimajor and semiminor axes of...
-
Relate multiplicity, aggregation, and generalization to designing user interface classes. Provide examples.
-
A wire with mass 40.0 g is stretched so that its ends are tied down at points 80.0 cm apart. The wire vibrates in its fundamental mode with frequency 60.0 Hz and with amplitude at the antinodes of...
-
Estimate the value of using Simpson's rule. 15 x+1 15 dx by using n=4 subintervals of equal width
-
The file P02_18.xlsx contains daily values of the Standard & Poors 500 Index from 1970 to early 2012. It also contains percentage changes in the index from each day to the next. a. Create a histogram...
-
1. Farmers in certain areas of U.S. CAN GROW EITHER WHEAT OR CORN. IF THE price of corn increases the: A. suppy of wheat will shift to the right B. suppy of wheat will shift to the left C. supply of...
-
Calculate the new interest rate if a bank realizes that the value of a mortgage increases from \($450,000\) to \($471,428.57,\) if the duration of the mortgage is 10 years and the interest rate used...
-
Explain the construction and working of a pressure gauge with a neat sketch.
-
Name all the mountings and accessories of a steam boiler and describe, with neat sketch, the working of any one of each.
-
J. Glen has the following purchases for the month of June 2016: 2016 June 2 From J. Ring: 3 sets golf clubs at 900 each, 6 footballs at 35 each. Less 25 per cent trade discount. 11 From F. Clark: 6...
-
Today you borrow \($10\),000 to pay for your expected college costs over the next 4 years, including a masters degree. Two years from now, you determine that you need an additional \($4\),000, so you...
-
MBA 708 Essentials of Financial Statement Analysis Week 6 Case Study: Transaction and Financial Analysis Tallulah Company has been in business for several years and is publicly traded on a major U.S....
-
What is the amount of total interest dollars earned on a $5,000 deposit earning 6% for 20 years?
-
Stavos Companys Cabinet Division manufactures a standard cabinet for television sets. The cost per cabinet is: Part of the Cabinet Divisions output is sold to outside manufacturers of television sets...
-
What is meant by the term financial leverage?
-
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the companys products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most...
-
Has the concept of SD achieved the balance between all three pillars: environmental protection; economic development; and social issues?
-
Please reflect on and explain the role and usefulness of the concept of SD in relation to the protection of the environment.
-
How many dimensions of the PSNR principle can you enumerate? To which one does UN Resolution 1803(1962) refer?
Study smarter with the SolutionInn App