how to prepare contribution margin income statement?
The contribution margin income statement of Krazy Kup Coffee for Julyfollows: m (Click the icon to view the contribution margin income statement) Krazy Kup Coffee sells three small coffees for every large coffee Asmall offsels for $200, with a variable expense of $1.00. A large coffee sells for $6.00, with a variable expense of $3.00 Read the requirements Prepare a summary contribution margin income statement to prove your answer above. (Complete all answer boxes. For amounts with a 50 balance, make sure to enter "o" in the appropriate cell) Small Large Total Less: Less Operating income Requirement 2. Compute the coffee shop's margin of safety in dollars. Identify the formula to compute the margin of safety in dollars. Sales Breakeven sales in dollars Margin of safety in dollars The margin of safety in dollars is $ 40,000 Requirement 3. Use the coffee shop's operating leverage factor (using the July contribution margin income statement) to determine its new operating income il sales volume increases 11%. Prove your res contribution margin income statement format. Assume that sales mix remains unchanged. Identify the formula to compute the operating leverage factor Choose from any list or enter any number in the input fields and then continue to the next question View the contribution margin income statement.) Krazy Kup Coffee sells three small coffees for every large coffee. A small coffee sells for $2.00, with a variable expense of $1.00. A large coffee sells for $6. Read the requirements Prepare a summary contribution margin income statement to prove your answer above. (Complete all answer boxes. For amounts with a $0 balance, make Small Large Total Contribution margin Fixed expenses Operating income Sales revenue Variable expenses Requirement 2. Compute the coffee shop's margin of safety in dollars, Identify the formula to compute the margin of safety in dollars. Sales Breakeven sales in dollars Margin of safety in dollars The margin of safety in dollars is $ 40,000 Requirement 3. Use the coffee shop's operating leverage factor (using the July contribution margin income statement) to determine its new operating income contribution margin income statement format. Assume that sales mix remains unchanged. Identify the formula to compute the operating leverage factor. Choose from any list or enter any number in the input fields and then continue to the next question. 10 W Dion margin income statement.) Krazy Kup Coffee sells three small coffees for every large coffee. A small coffee sells for $2.00, with a variable expense of $1.00. A large coffee sells for Read the requirements. Prepare a summary contribution margin income statement to prove your answer above. (Complete all answer boxes. For amounts with a $0 balance, ma Small Large Total Less: Contribution margin Less: Fixed expenses Operatir Operating income Sales revenue Require Variable expenses op's margin of safety in dollars. Identify the formula to compute the margin of safety in dollars. Sales Breakeven sales in dollars Margin of safety in dollars The margin of safety in dollars is $ 40,000 Requirement 3. Use the coffee shop's operating leverage factor (using the July contribution margin income statement) to determine its new operating ince contribution margin income statement format. Assume that sales mix remains unchanged. Identify the formula to compute the operating leverage factor. The contribution margin income statement of Krazy Kup Coffee for July follows: (Click the icon to view the contribution margin income statement.) Krazy Kup Coffee sells three small coffees for every large coffee. A small coffee sells for $2.00, with a variable expense of Read the requirements. Prepare a summary contribution margin income statement to prove your answer above. (Complete all answer boxes. For a Small Large Total Less: Contribution margin Fixed expenses Operating income Sales revenue Variable expenses Sales offee shop's margin of safety in dollars. the margin of safety in dollars. Breakeven sales in dollars Margin of safety in dollars The margin of safety in dollars is $ 40,000 Requirement 3. Use the coffee shop's operating leverage factor (using the July contribution margin income statement) to d contribution margin income statement format. Assume that sales mix remains unchanged. Identify the formula to compute the operating leverage factor. Tup Ucu sens uilee small coffees for every large coffee. A small coffee sells for $2.00, with a variable expense of $1.00. A large Read the requirements. Prepare a summary contribution margin income statement to prove your answer above. (Complete all answer boxes. For amounts with Small Large Total Less: Less: Operatit Contribution margin Require Fixed expenses op's margin of safety in dollars. Identify 1 Operating income gin of safety in dollars. Sales revenue Variable expenses Breakeven sales in dollars Margin of safety in dollars The margin of safety in dollars is $ 40,000 Requirement 3. Use the coffee shop's operating leverage factor (using the July contribution margin income statement) to determine it contribution margin income statement format. Assume that sales mix remains unchanged. Identify the formula to compute the operating leverage factor. Choose from any list or enter any number in the input fields and then continue to the next question. Kup Coffee for July follows: ncome statement large coffee. 0 Data Table - X , with a variable expe summary contribution Chly breakeven es: variable and tal breakeven po g income $ 82,000 margin per unit Small Krazy Kup Coffee Contribution Margin Income Statement Month Ended July 31 Sales revenue Less variable expenses: Cost of goods sold 27,500 Marketing expense 11,000 General and administrative expense 2,500 Contribution margin Less fixed expenses: Marketing expense $ 16,800 4,200 General and administrative expense Operating income 1 41,000 1 41,000 21,000 $ 20,000 S and 3500 me statement to prove Print Done sure to enter "0" in the approp in the input fields and then continue to the next question. The contribution margin income statement of Krazy Kup Coffee for July follows: Click the icon to view the contribution margin income statement) Krezy Kup Coffee sells three small coffees for every large cotoo. A small coffee sols for $2.00, with a variable expense of $1.00. A large coffee sells for $6.00, with a variable expense of $3.00 Read the requirements Requirement 1. Determine the coffee shop's monthly breakeven point in the numbers of small coffees and large coffees. Prove your answer by preparing a summary contribution margin income statement of the breakeven level of sales. Show only two categories of expenses variable and food Begin by identifying the formula to compute the total breakeven point in units. (Abbreviations used: avg. -Average, CM Contribution margin) Fixed expenses Operating income ) Weighed-avg CM per unit Breakeven sales in units Now calculate the weighted-average contribution margin per unit. (Round the weighted average contribution margin per unit to the nearest cent) Small Large Total Sales price per una 2 6 1 Variable expense per unit 3 Less Contribution margin per unit 1 3 Sales mix in units 3 1 4 3 3 6 Contribution margin 1.5 Weighted average contribution margin per unit The breakeven point is 10500 small cups and 3500 large cups of coffee Prepare a summary contribution margin income talement to prove your answer above. (Complete all answer boxes For amounts with a 50 balance, make sure to enter in the appropriate col)