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Based on the information below for Constellation Corp. answer the following question. During the year, Constellation Corp. produced and sold 60,000 units of product at
Based on the information below for Constellation Corp. answer the following question. During the year, Constellation Corp. produced and sold 60,000 units of product at a selling price of $9 per unit, and there was no beginning inventory of product at the start of the year. What was the operating income (loss) for the year at Constellation Corp.? Fixed costs: Manufacturing $125,000 Marketing 48,000 Administrative 25,000 Variable costs: Manufacturing $120,000 Marketing 32,000 Administrative 38,000 $152,000 O $282,000 O $290,000 O $92,000The following information has been provided by Acme Stores, Inc for the first quarter of the year. What is the contribution margin of Acme Stores, Inc. for the first quarter? Sales $500,000 Variable Selling Expenses $35,000 Fixed Selling Expenses $25,000 Cost of Goods Sold $160,000 Fixed Administrative Expenses $55,000 Variable Administrative Expenses $15,000 O a. $140,000 O b. $210,000 O c. $300,000 O d. $290,000Based on the information below for Constellation Corp. answer the following question. During the year, Constellation Corp. produced and sold 60,000 units of product at a selling price of $9 per unit, and there was no beginning inventory of product at the start of the year. What was the contribution margin for the year for Constellation Corp.? Fixed costs Manufacturing $125,000 Marketing 48,000 Administrative 25,000 Variable costs: Manufacturing $120,000 Marketing 32,000 Administrative 38,000 O $92,000 $282,000 O $290,000 $350,000The following information has been provided by Acme Stores, Inc. for the first quarter of the year. What is the gross margin of Acme Stores for the first quarter? Sales $500,000 Variable Selling Expenses $35,000 Fixed Selling Expenses $25,000 Cost of Goods Sold $160,000 Fixed Administrative Expenses $55,000 Variable Administrative Expenses $15,000 O a. $190,000 O b. $340,000 O c. $210,000 O d. $220,000Bijou Movie Theatre sells movie tickets for $15 per movie patron. Variable costs are $8 per movie patron and fixed costs are $60,000 per month. The company's relevant range extends to 35,000 movie patrons per month. What is Bijou's projected operating income if 28,000 movie patrons see movies during a month? O $136,000 O $80,000 O $304,000 O $140,000Acme Car Wash sells deluxe car washes for $16 per customer. Variable costs are $9 per wash. Fixed costs are $40,000 per month. What is Acme's contribution margin per car wash? O $6.00 O $0.40 O $7.00 $2.50
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