Question: please help me answer question 7 Add to Q & A % Edit & Create a Califorina Car Company 5. Compute CCC's estimated 2019 contribution

 please help me answer question 7 Add to Q & A

please help me answer question 7

Add to Q & A % Edit & Create a Califorina Car Company 5. Compute CCC's estimated 2019 contribution margin ratio. In Case 1-4 you calculated the variable manufacturing costs that are presented for you in Exhibit 1-5.2. Assume that $2,000,000 of selling expenses and $1,000,000 of administrative expenses are variable. Hint: Compute total sales revenue and total variable costs at CCC's budgeted 2019 level of production and sales. There is a definition in the glossary for Contribution Margin. 6. Compute CCC's 2019 estimated breakeven sales level. 1. Discuss how likely it is that CCC will not attain a level of sales necessary to break even, if costs remain at the planned levels. In other words, will it take a large or small shortfall in projected sales to cause planned income to fall to zero? Requirement 5: Contribution Margin Ratio Total Reveme 196,587.500 Total Variable Costs $ 85,611.050 CMR $ 56.4596 Requirement 6: CCC Breakeven Total Fixed Costs 59,053,700 CMR 0.565 Breakeven Sales 104.609.755 Requirement 7: Risk Assessment P ^ le 3:17 PM 11/6/2018

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