Question: Question 35 2 pts Calculate the Contribution Margin Ratio: Sales 1,000,000 Rent 400,000. Depreciation 100,000. Variable COGS 50,000 Fixed COGS 25,000. 95% 98% 93% 45%

Question 35 2 pts Calculate the Contribution Margin Ratio: Sales 1,000,000 Rent 400,000. Depreciation 100,000. Variable COGS 50,000 Fixed COGS 25,000. 95% 98% 93% 45% Question 36 2 pts Charlie's Cakes sells cakes for $65 per cake with fixed costs of $2,000 and variable costs of $35 per cake. What are the total sales dollars for a desired net income of $4,000? $2,015 O $12,500 O $13,000 $4,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

The following precedence diagram reflects three time estimates for each activity. Determine: Use Table B 1 and Table B 2 . a . The expected completion time for each path and its variance. Note: Round...

Please answer the attached file. Thanks in advance. Pedro Company provides the following information about its product: Targeted operating income $50,000 Selling price per unit 6.00 Variable cost per...

Look at the three financial statements on page 3 excerpted from the Foundation FastTrack with Industry ID F122766, Round 4. Answer the following questions explaining the reasons and justification for...

Topic: Company Analysis - Due by Sunday Assignment: Choose a publically-traded for profit company you would like to learn more about. Find a copy of their most recent annual report using the...

Please help me B. Foundation (40 points) You are given information from the Foundation FastTrack for a simulation in competition round 3 pp.3-8 in a separate handout. Use the information given to...

Scenario: JJ Cycles Ltd produce two high end bicycle products at two different factories. They need you to create a spreadsheet that can conduct a Cost Volume Profit Analysis for a selected product...

Last year Art charged $3,072,000 Depreciation on the Income Statement of Andrews. If early this year Art purchased a new depreciable asset, the effect on Andrews's financial statements would be (all...

Digby's balance sheet has $83,694,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to decrease by $2,000,000. If that happens, what will be Digby's book value?...

3 5 1. Break even point in sales dollars can be defined as: a) sales ($) are equal to contribution margin b) sales ($) are equal to variable costs and fixed costs. c) sales ($) are equal to operating...

2) Look at the income statement survey. Calculate the contribution margin, net margin and the profit margin (return on sales) for Chester and Erie. Compare the two companies and analyze the...

Sul all the Du * di 4* * !! Production Analysis WITH Financial Summary 19 1....... |||||| HIT Ett et il ill. 18 tutto It talt SE wa FastTrack Fast Track ODDZORCEED 0 F98341 FR8341 > 555 555 31. test...

A restaurant has three types of customers. A third of its customers, Type A, are willing to spend $5 on an appetizer but only $2 on a dessert. Another third, Type B, are willing to spend $3.50 on an...

Use the Internet to search for information about the total cost of ownership (TCO). What companies use this approach? Describe any Web sites you found that measure TCO.

Stock A has an expected return of 1 4 . 6 8 percent. Stock \ ( B \ ) has an expected return of 1 1 . 2 7 percent. Assuming the Capital Asset Pricing Model holds, and Stock A ' s beta is greater than...

Required information [The following information applies to the questions displayed below.] Professor John Morton has just been appointed chairperson of the Finance Department at Westland University....

LO39.1 Describe alternative perspectives on the causes of macroeconomic instability, including the views of mainstream economists, monetarists, real-business-cycle advocates, and proponents of...

4. Suppose that for years East Confettis short-run Phillips Curve was such that each 1 percentage point increase in its unemployment rate was associated with a 2 percentage point decline in its...

8. Explain the difference between active discretionary fiscal policy advocated by mainstream economists and passive fiscal policy advocated by new classical economists. Explain: The problem with a...