Question
Based on the Contribution Margin format income statement Sydney Bakery Contribution Margin Income Statement Sales in units $6,600 $150 $3,750 3,000 $19,800 $10,500 Sales Less:
Based on the Contribution Margin format income statement
Sydney Bakery | ||
Contribution Margin Income Statement | ||
Sales in units |
$6,600 $150 $3,750 | 3,000 $19,800
$10,500 |
Sales | ||
Less: Variable expenses | ||
Cost of goods Sold | ||
Advertising | ||
Salaries | ||
Total variable cost |
$800 $1,800 $700 $500 $3,600 | |
Contribution Margin | $9,300
$7,400 | |
Less: Fixed expenses | ||
Advertising expense | ||
Rent | ||
Depreciation | ||
Advertising | ||
Salaries | ||
Total Fixed cost |
| |
Net Operating Income | $1,900 |
calculate the following: 1. Total Contribution Margin
2. Contribution Margin per unit
3. Contribution Margin ratio
4. Break even point in $ and in units
5. Number of units and sales $ required to achieve monthly profits of $4,200.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started