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Determine the missing amounts. (Round answers to decimal places, eg. 1,225.) Unit Selling Price $620 Unit Variable Costs $470 Unit Contribution Margin Contribution Margin Ratio
Determine the missing amounts. (Round answers to decimal places, eg. 1,225.) Unit Selling Price $620 Unit Variable Costs $470 Unit Contribution Margin Contribution Margin Ratio 1. $ % (b) $360 $ $170 % (d) 2. . $ $500 20 % Russell Inc had sales of $2.260,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses. Cost of goods sold Selling expenses Administrative expenses Variable Fixed $925,000 $461,000 74.000 91,000 109,000 100.000 Prepare a CVP income statement for the quarter ended March 31, 2017 RUSSELL INC. CVP Income Statement For the Quarter Ended March 31, 2017 Sales 2260000 Cost of Goods Sold
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