Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 30 Jul 2017 My Price 5.00

margin ratio

Assume that more than one product is being sold in each of the four following case situations:

 

 

  Case #1 Case #2 Case #3 Case #4
Sales $ 441,000 $ 200,000 $ $ 301,000
Variable expenses   132,000   90,300
 
Contribution margin $ 185,220 $ 68,000 $ 567,440 $ 210,700
Fixed expenses   54,000 474,000  
 
Net operating income (loss) $ 74,220 $ $ 93,440 $ (13,300)
 
Contribution margin ratio (percent) 42 % % 82 % %
 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 30 Jul 2017 01:07 PM My Price 5.00

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