Question 1:

XYZ Company has a total sales of $400,000. Total Variable costs are $160,000. Total Fixed costs are $80,000. What is the contribution margin ratio for XYZ company.

Question 2:

ABC TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information provided to you: Sales $900,000; total variable cost $400,000; Store manager's salary per year $70,000; utilities and rent costs per year $157,000; Advertising and promotion per year $15,000. What is the breakeven point for ABC store?

Question 3:

The following information provided to you from a restaurants last quarter:

• The restaurant had $450,000 in sales.
• Their total variable costs amounted to $180,000.
• Their total fixed costs amounted to $200,000.

What is the breakeven point for the restaurant in one month?