Homework SourseThe budgets of four companies yield the following informatio
The budgets of four companies yield the following information:
Up
Down
Left
Right
Net sales revenue
$ 1,064,000
$ (d)
$ 525,000
$ (j)
Variable Costs
(a)
104,000
315,000
95,700
Fixed Costs
(b)
168,000
200,000
(k)
Operating Income (loss)
89,500
$ (e)
$ (g)
$ 49,800
Units Sold
140,000
16,000
(h)
(I)
Contribution Margin per unit
3.80
$ (f)
$ 70.00
$ 11.00
Contribution Margin Ratio
( c)
80%
(i)
40%
(Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.)
____
| Up | Down | Left | Right | |
| Net sales revenue | $ 1,064,000 | $ (d) | $ 525,000 | $ (j) |
| Variable Costs | (a) | 104,000 | 315,000 | 95,700 |
| Fixed Costs | (b) | 168,000 | 200,000 | (k) |
| Operating Income (loss) | 89,500 | $ (e) | $ (g) | $ 49,800 |
| Units Sold | 140,000 | 16,000 | (h) | (I) |
| Contribution Margin per unit | 3.80 | $ (f) | $ 70.00 | $ 11.00 |
| Contribution Margin Ratio | ( c) | 80% | (i) | 40% |
Solution
Budget :
| UP | Down | Left | right | |
| Net sales revenue | 1064000 | d) 520000 | 525000 | j)159500 |
| Variable cost | a) 532000 | 104000 | 315000 | 95700 |
| FIxed cost | b) 442500 | 168000 | 200000 | k) 14000 |
| Operating Income (loss) | 89500 | e) 248000 | g) 10000 | 49800 |
| Unit sold | 140000 | 16000 | h) 3000 | l)5800 |
| Contribution Margin per unit | 3.80 | f) 26 | 70 | 11 |
| Contribution Margin ratio | c) 50% | 80% | i) 40% | 40% |
