Wink Light Company is a provider of imaging technology products and services to the photographic, graphic communications, and health-care mar Click the icon to view the data) Assume that $1,600 million of the cost of goods sold is a fixed cost representing depreciation and other production costs that do not change with the Requirements 1. Compute the total contribution margin for 2011 and the contribution margin percentage Explain why the contribution margin differs from the gr 2. Suppose that sales for Wink Light are predicted to increase by 10% and that the cost behavior is expected to continue. Compute the predicted 3. What assumptions were necessary to compute the predicted operating income in requirement 27 Requirement 1. Compute the total contribution margin for 2011 and the contribution margin percentage Explain why the contribution margin differs Begin by determining the formula to calculate the contribution margin. Then, enter the amounts in the formula to compute the contribution margin of Sales Total variable expenses Contribution margin 9,384 million 6,699 million = $ 2.685 million amounts in the formula to compute the contribution margi Next, determine the formul XXX%) sales less all variable costs, Contribution margin sales less all variable and fixed costs ain percentage 2.685 mil sales less cost of goods sold 28.61 % Explain why the contributio salos less cost of goods sold and other operating costs, The contribution margin is while gross marginis The contribution margin the gross Click to select your answer(s) and then click Check Answer, 2 parts remaining Clear All Vink Light Company is a provider of aging technology products and services to the photographic graphic communications, and health-caro markets. A condensed 2011 income statement Click the conto the data Assume that $1,600 million of the cost of goods sold is a food cost representing depreciation and other production costs that do not change with the volume of production. In addition 51.900 Roquirements 1 Corpule the total contribution margin for 2011 and the contribution margin percentage Explain why the contribution margin differs from the gross margin Suppose that sales for Wink Light are predicted to increase by 10% and that the cost behavior is expected to continue Compute the predicted operating income foss) 3. What assumptions were necessary to compute the predicted operating come in requirement 29 2 Requirement 1. Compute the total contribution margin for 2011 and the contribution margin percentage Explain why the contribution margin differs from the gross margin Begin by detoming the formula to calculate the contribution margin. Then enter the amounts in the formula to computo the contribution margin of Wink Light Company Snes Total variable expo Contribution magn 5 0.384 mibon $ 0,000 milions 2635 milion Ned, determine the formula to calculate the contribution margin percig Thon, enter the amounts in the XXX) o contribution mag Contribution margin 2.685 million 5 Contribution margin percentage 2861 Sales les al vanable costs salos less all variable and fixed costs sateess cost of goods sold Sales los cost of goods and other operating costs Explan wy the contribution mondiffers from the gross margin The contbutong whosswin The contribution margin The variable costs include the gross marge Click to select your answer(s) and then click Check Answer 2 parte remaining Clear Wink Light Company is a provider of imaging technology products and services to the photographic graphic communications, and health care marka (Click the icon to view the data) Assume that $1,600 million of the cost of goods sold is a fixed cost representing depreciation and other production costs that do not change with the Requirements 1. Compute the total contribution margin for 2011 and the contribution margin percentage Explain why the contribution margin differs from the gros 2. Suppose that sales for Wink Light are predicted to increase by 10% and that the cost behavior is expected to continuo Compute the predicted of What assumptions were necessary to compute the predicted operating income in requirement 2? 3. Requirement 1. Compute the total contribution margin for 2011 and the contribution margin percentage. Explain why the contribution margin differs fro Begin by determining the formula to calculate the contribution margin. Then enter the amounts in the formula to compute the contribution margin of Win Sales Total variable expenses Contribution margin 9,384 million 6,699 milion 2.685 million Noxt determine the formula to calculate the contribution margin percentage. Then, enter the amounts in the formula to compute the contribution margin XXX%) ntribution margin percentage all cost of goods sold and part of other operating expenses 28.61 % part of cost of goods sold and part of other operating expenses part of cost of goods sold in addition to all other operating expenses while gross marginis The contribution margin the gross Click to select your answer(s) and then click Check Answer 2 parts remaining Clear All mology products and services to the photographic, graphic communications, and health care markets A condensed 2011 income statement follows (in millions) old is a fixed cost representing depreciation and other production costs that do not change with the volume of production In addition, $1,900 million of the other opera 11 and the contribution margin percentage Explain why the contribution margin differs from the gross margin Eted to increase by 10% and that the cost behavior is expected to continue Compute the predicted operating income (loss) ute the predicted operating income in requirement 2? margin for 2011 and the contribution margin percentage Explain why the contribution margin differs from the gross margin contribution margin. Then enter the amounts in the formula to compute the contribution margin of Wink Light Company expenses Contribution margin 699 milion $ 2.685 million ibution margin percentage. Then, enter the amounts in the formula to compute the contribution margin percentage (Enter the contribution margin percentage as a porce Sales Contribution margin 9384 million can be larger than smaller than or equal to will always be larger than will always be smaller than will always equal the gross margin whilegros The contribution margin The variable costs includo the gross margin Check