Question
Jacky Company manufactures two products: Product A and Product B. A contribution format income statement related to a recent month for the two products is
Jacky Company manufactures two products: Product A and Product B. A contribution format income statement related to a recent month for the two products is given below.
11. What is the overall contribution margin ratio?
12. What is the overall break-even point for the company in sales dollars?
13. What is the amount of relative sales dollars for product A at the break-even point?
14. What is the amount of total contribution margin at the break-even point? *
15. What is the amount of total variable expenses for the two products at the break-even point? *
Product A Product B Total Sales $4,550,000 $1,950,000 $6,500,000 Variable Expenses 2,340,000 1,560,000 3,900,000 Contribution Margin $2,210,000 $390,000 2,600,000 Fixed Expenses 1,800,000 Net Operating Income $800,000Step by Step Solution
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