Contribution Margin Ratio BreakEven Sales Revenue Sales Revenue for Target Profit Schylar Pharmaceuticals Inc plans to sell 130000 units of antibiotic at an average price of 22 each in the coming year Total variable costs equal 1086800 Total fixed costs equal 8000000
a What is the contribution margin per passenger b What is the contribution margin ratio c Use the...... ... the contribution margin ratio c Use the unit contribution margin to project operating income if monthly sales total 17 comma 000 passengers d Use the contribution margin ratio to project...
Grayson Co. (GC) uses the percentage of sales method for estimating bad debts for monthly reporting purposes. On January 1, 2017, the allowance for doubtful accounts balance was $5,000 Cr. GC had credit sales of $100,000 for the month of January, and, in the past, 1.5% of credit sales have not been...
The T-Shirt Trends Company purchased a delivery truck on October 12, 2009, at a cost of $78,900. The delivery truck has an estimated useful life of three years and an estimated disposal value of $900. Instructions On the forms provided in your working papers: 1 . Prepare a depreciation schedule for...
Outdoor Luggage Inc. makes high-end hard-sided luggage for sports equipment. Data concerning three of the companys most popular models appear below. Required: 1. The total time available on the plastic injection molding machine is the constraint in the production process. Which product would be the...
A debt of $8516.11 is repaid by payments of $1055.44 in 5 months, $938.83 in 13 months, and the final payment in 30 months. If the interest was 4% compounded semi annually what was the amount of the final payment?
\"Bell Company acquires 80% of Demers Company for $500,000 on January 1, 2009. Demers reported common stock of $300,000 and retained earnings of $200,000 on that date. Equipment was undervalued by $30,000 and buildings were undervalued by $40,000, each having a 10-year remaining life. Any excess...
McGill’s overhead spending variance is unfavorable by $600. The company’s accountant credited the Cost of Goods Sold account for $4,200 to close out any over- or underapplied overhead at the end of the current period.Compute McGill’s overhead volume variance.