There are currently $20,000$ New Holland tractors sitting in dealer and manufacturing lots across the country. The firm expects its distributor network to sell $500$ tractors per day. What is New Holland's current days of supply?

Complete the Contribution Margin Income Statement for two customers based on the following information:

a$.$ Assume indirect costs are $$69,000$ and cannot be traced to a specific segment.

b$.$ Calculate the total net profit.

c$.$ Remember to include variable gross profit, gross segment contribution, net segment contribution, total net profit, and net segment contribution ratio.

d$.$ Which firm has better net segment contribution ratio and why?

Company A

Revenue $-$ $$240,000$

Variable Direct Cost $-$ $$18,000$

Fixed Direct Cost $$$53,000$

Variable CoGS $-$ $$68,000$

Company B

Revenue $-$ $$300,000$

Variable Direct Cost $-$$$29,000$

Fixed Direct Cost $$$45,000$

Variable CoGS $-$ $$65,000$