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contribution margin show work please Stryker Corp. Comparative Income Statements in millions of dollars) As of December 31, 2017 and 2018 You are reviewing the
contribution margin
show work please
Stryker Corp. Comparative Income Statements in millions of dollars) As of December 31, 2017 and 2018 You are reviewing the financial statements for Stryker from the annual 10k report and have summarized the income statement below 2018 After digging deeper into the financials - you see that in addition to the cost of sales, $2,500 of the Selling, general and Adm in expenses are variable (the rest are fixed) 1 What is the contribution Margin now that you have classified all expenses between fixed and variable? 2 What are the fixed expenses for Striker? $ Net sales Cost of sales Gross profit 13,601 4,663 8,938 100% 34% 66% Variable Fixed 862 5,099 23 6% 37% 862 2,599 2,500 Research, development Selling, general and admi Recall charges, net of in: Amortization of intangible Total of operating expe Operating income 417 417 3,901 2,500 6,401 6,401 2,537 3 If Stryker sold 1800 units to generate the 13601 in sales, at what level of units is Stryker breakeven? Stryker Corp. Comparative Income Statements in millions of dollars) As of December 31, 2017 and 2018 You are reviewing the financial statements for Stryker from the annual 10k report and have summarized the income statement below 2018 After digging deeper into the financials - you see that in addition to the cost of sales, $2,500 of the Selling, general and Adm in expenses are variable (the rest are fixed) 1 What is the contribution Margin now that you have classified all expenses between fixed and variable? 2 What are the fixed expenses for Striker? $ Net sales Cost of sales Gross profit 13,601 4,663 8,938 100% 34% 66% Variable Fixed 862 5,099 23 6% 37% 862 2,599 2,500 Research, development Selling, general and admi Recall charges, net of in: Amortization of intangible Total of operating expe Operating income 417 417 3,901 2,500 6,401 6,401 2,537 3 If Stryker sold 1800 units to generate the 13601 in sales, at what level of units is Stryker breakevenStep by Step Solution
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