Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone solve it with cell reference please Given Data: C D E F H This year Last year Units sold 53,000 72.000 Sales $800,000

can someone solve it with cell reference please image text in transcribed
"Given Data: C D E F H This year Last year Units sold 53,000 72.000 Sales $800,000 $1.120.000 Less: Cost of goods sold 550.000 720.000 Gross margin 250,000 410.000 Less: Operating expenses 150.000 190.000 1 Operating income $100,000 $220,000 12 13 The company has no beginning or ending inventories, therefore cost of goods sold will equal cost of goods manufactured. All activity in this problem is in the relevant range, 15 Solution 16 (a) 17 Using the high-low method estimate the cost formula for TOTAL variable cost per mit and its TOTAL fixed costs (Remember that this is a manufacturing firm). 18 19 20 TOTAL variable cost per unit 21 TOTAL foxed costs 22 23 (6) 25 Calculate the total contribution margin for this year 26 27 28 29

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

22nd Edition

324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844

More Books

Students also viewed these Accounting questions