Explaining sales and cost changes. You have acquired the following data for Years 1 and 2 for

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Explaining sales and cost changes. You have acquired the following data for Years 1 and 2 for Bodega Bay Fishing Co. image text in transcribed

Write a short report explaining the cause of the increase in $ c6o ntribution margin between Year 1 and Year 2.

Your report should consider the effect of each of the following:

admission price change, change in volume, and change in operating costs per admission.

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Managerial Accounting An Introduction To Concepts Methods And Uses

ISBN: 9780030259630

7th Edition

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil, Sidney Davidson

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Question Posted: Jun 21, 2024 09:03 AM

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Explaining sales and cost changes. You have acquired the following data for Years 1 and 2 for

Question:

Year 1 Year 2 Dollar Increase Revenue from Admissions $750,000 100% $840,000 100% $90,000 Variable Costs of Operations. 495,000 66 560,000 66% 65,000 Contribution Margin $255,000 34% $280,000 33% $25.000 Admission Price per Person... $5 $6

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Managerial Accounting An Introduction To Concepts Methods And Uses

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