Question
Calculate the missing amounts for each of the following firms: Note: Do not round intermediate calculations. Firm A Firm B Firm C Firm D
Calculate the missing amounts for each of the following firms: Note: Do not round intermediate calculations. Firm A Firm B Firm C Firm D Sales $ 324,000 655,183 129,000 69,620 Variable Costs $ 226,800 465,000 91,590 55,000 Answer is complete but not entirely correct. Operating Income (Loss) Contribution Margin Ratio 30 8885 % $ 29 % % 21 % 26 Fixed Costs 61,656 117,000 36,100 9,625 X S 35,544 73,183 1,310 (4,995)
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Firm A Sales x Contribution Margin Ratio 324000 x 30 97200 Contribution Margin Sales Variable Cost 9...Get Instant Access to Expert-Tailored Solutions
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
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