Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help with the following: 5. The following information is available for Bluewood Corporation for a sales volume of 500 stereo speakers for the past month:

help with the following:

image text in transcribedimage text in transcribed
5. The following information is available for Bluewood Corporation for a sales volume of 500 stereo speakers for the past month: Total Per Unit Sales $225,000 $450 Less: variable expenses 80,000 160 Contribution margin $145,000 $290 Less: fixed expenses $ 35,000 Net operating income $110,000 What is the contribution margin ratio? a. 12.0% b. 30.0% C. 40.0% d. 64.4%6. The following information is available for Bluewood Corporation for a sales volume of 500 stereo speakers for the past month: Total Per Unit Sales $225,000 $450 Less: variable expenses 80,000 E Contribution margin $145,000 @ Less: xed expenses $ 35,000 Net operating income $110,000 If sales increase by $51,750, net income will increase by what amount? a. $ 6,000 b. $ 8,000 c. $20,000 d. $33,350

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

Forensic Accounting And Fraud Examination

Authors: Paul Barnes

1st Edition

1118454138, 978-1118454152

More Books

Students also viewed these Accounting questions

Question

6. How can hidden knowledge guide our actions?

Answered: 1 week ago

Question

7. How can the models we use have a detrimental effect on others?

Answered: 1 week ago