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Name Trenton Ilinde Managerial Accounting Assignment 6-1 Variations of CVP Analysis This assignment is worth 20 points and will be due on Monday, May 11,
Name Trenton Ilinde Managerial Accounting Assignment 6-1 Variations of CVP Analysis This assignment is worth 20 points and will be due on Monday, May 11, 2020, The following variable costing income statements are available for April Shower Company and May Flood Company: April Shower Co. Sales May Flood Co $3,000,000 Variable costs $2.000.000 2.100.000 _800.000 Contribution margin 900.000 1.200,000 Fixed costs 300.000 600.000 Net income $ 600.000 S600.000 Instructions, For EACH COMPANY: C300 606 72100,000 (a) Compute the break-even point in dollars (b) Compute the margin of safety ratio (c) Compute the degree of operating leverage (d) Assuming that sales revenue increases by 40%, prepare a CVP income statement for each
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