Question
Contribution format income statement for Year 2 Sales $420,000 Variable cost: Utilities $18,000 Administrative salaries $30,000 Hourly payroll $120,000 Supplies $60,000 Total Variable cost $228,000
Contribution format income statement for Year 2
| Sales |
| $420,000 |
|
| Variable cost: |
|
|
|
| Utilities | $18,000 |
|
|
| Administrative salaries | $30,000 |
|
|
| Hourly payroll | $120,000 |
|
|
| Supplies | $60,000 |
|
|
| Total Variable cost |
| $228,000 |
|
| Contribution margin |
| $192,000 |
|
| Fixed costs |
|
|
|
| Building depreciation | $100,000 |
|
|
| Equipment depreciation | $50,000 |
|
|
| Utilities | $35,000 |
|
|
| Administrative salaries | $125,000 |
|
|
| Total Fixed costs |
| $310,000 |
|
| Net income |
| -$118,000 |
|
|
|
|
|
|
How is the contribution margin per unit computed?
How is the break-even volume computed?
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Audit Of Tax Regularity And Efficiency
Authors: Mohamed Aziz Boussaid
1st Edition
6206215865, 978-6206215868
