Question $4$

Continental Corporation reported the following information for September:

Sales revenue

$$225000\mathrm{.}00$

Fixed manufacturing costs

$$23000\mathrm{.}00$

Fixed marketing and overhead costs

$$12000\mathrm{.}00$

Total variable costs

$$120000\mathrm{.}00$

NET INCOME:

Continental Corporation

Total Revenue $($TR$)$

$

Total Fixed Cost $($TFC$)$

$

Total Variable Cost $($TVC$)$

$

TOTAL COST $($TC$)$

$

Net Income $($NI$)$

$

Total Contribution Margin: n$($CM$)$

Use the formula: n$($CM$)=$ NI $-$TFC

Sport Tyres W$13$

NI

$

TFC

$

n$($CM$)$

$

Contribution Rate:

For Contribution rate use the formula:

Sport Tyres W$13$

n$($CM$)$

$

TR

$

CR

$\%($whole number$)$

Break even point in dollars

Break Even Point in dollars: use the formula: $-$ TFC$/$CR

Sport Tyres W$13$

TFC

$

CR $($in decimal$)$

Total break$-$even $=$$

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