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Kindly answer questions 7,8 and not handwritten LUMINIUI Peduli Title Subtitle Subtle Em.. Emphasis Paragraph Styles 2 3.4.15 1.6 7 8 9 10 11 12
Kindly answer questions 7,8 and not handwritten
LUMINIUI Peduli Title Subtitle Subtle Em.. Emphasis Paragraph Styles 2 3.4.15 1.6 7 8 9 10 11 12 13 14 15 16 Topic: Contribution Margin 7. Barrington Corporation reported the following on their contribution format income statement: Sales (12,000 units) $175,000 Less: Variable expenses 100,000 Contribution margin 75,000 Less: Fixed expenses 62,500 Net operating income $ 12.500 What is the unit contribution margin? Topic: Margin of Safety 8. The following monthly data are available for the Sumslow Company and its only product: Unit selling price Unit variable expenses Total fixed expenses Actual sales for the month of March $36 $28 $51.000 7,000 units The margin of safety for the company during March was
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