Construction Accounting And Financial Management (4th Edition)
4th Edition
ISBN: 9780135232873
Author: Steven J. Peterson MBA PE
Publisher: PEARSON
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Chapter 10, Problem 9P
Determine the break-even volume of work for a company with a fixed
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A company has sales of $125,000, variable costs of $45,000 and fixed costs of $30,000. The contribution margin ratio is
Calculate the contribution margin of a product for a service company if revenues are
$50,000, variable expenses are $30,000, and fixed expenses are $15,000. a.) $
20,000 b.) $80,000 c.) $35,000 d.) $5,000
The following information is available from the accounting records of Eva Corporation. Fixed costs per period are $4800. Sales volume for the last period was $19,360, and variable costs were $13,552. Capacity per period is a sales volume of $32,000.
Compute the total contribution margin.
Chapter 10 Solutions
Construction Accounting And Financial Management (4th Edition)
Ch. 10 - What are some of the ways a company can increase...Ch. 10 - Prob. 2DQCh. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - A construction company has total revenues of...Ch. 10 - A construction company has total revenues of...Ch. 10 - A construction company has total revenues of...Ch. 10 - A construction company has total revenues of...Ch. 10 - Determine the break-even volume of work for a...Ch. 10 - Determine the break-even volume of work for a...
Ch. 10 - Determine the break-even volume of work for a...Ch. 10 - Determine the break-even volume of work for a...Ch. 10 - A construction company has a fixed overhead of...Ch. 10 - A construction company has a fixed overhead of...Ch. 10 - Determine the break-even contribution margin ratio...Ch. 10 - Determine the break-even contribution margin ratio...Ch. 10 - Determine the break-even contribution margin ratio...Ch. 10 - Determine the break-even contribution margin ratio...Ch. 10 - Determine the profit and overhead markup for a...Ch. 10 - Determine the profit and overhead markup for a...Ch. 10 - Prob. 21PCh. 10 - Prob. 22P
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- If the contribution margin ratio for Peppa Company is 42%, sales were $2,500,000, and fixed costs were $590,000, what was the income from operations?arrow_forwardA company had unit contribution margin of $3.60 and fixed costs of $29,664. Income was $2,520. What was the margin safety in units?arrow_forwardA company has an utilization rate of 65%, which at the same time corresponds to their critical volume.The company's variable total costs are € 2,000,000 and the total gross margin € 800,000.a) Calculate the company's total fixed costs. b) Calculate the company's revenue. c) Calculate the company's results at 90% utilization rate.arrow_forward
- If a company had a contribution margin of $21,000 and a contribution margin ratio of 70%, total variable costs must have been …arrow_forwardA company estimates that it has $400,000 in variable overhead costs annually and $265,000 in fixed rate overhead costs annually. Last year the variable and fixed overhead costs were $300,000 and $200,000, respectively. The firm estimates that it will have 32,500 direct labor hours this year.What is the firm’s predetermined overhead rate?arrow_forwardThe controller of Ashton Company prepared the following projected income statement: Sales $97,000 Total variable cost 32,850 Total fixed cost 43,800 Operating income $20,440 Required: Calculate the contribution margin ratio?arrow_forward
- Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of $1,116,000. What is the contribution margin ratio for Imelda Company?arrow_forwardAt a level of 20,420 units sold, Lee Corp. has sales of $653,600, a contribution margin ratio of 58%, and a profit of $95,300. What are the fixed costs?arrow_forwardIf the contribution margin ratio for Harrison Company is 38 %, sales were $425,000, and fixed costs were $100,000, what was the income from operations? A) $163,500 B) $161,500 C) $54,730 61,500arrow_forward
- The records of Valium Company show a contribution margin ratio of 45%. The company desires to earn a profit of $36,000 and has fixed costs of $60,750. Determine the sales revenue that would have to be generated in .order to earn the desired profit 215,000 ) $340,000 $300,000 $240,000 $106,250arrow_forwardThe costs incurred in the manufacture of 75,000 units of a product are: Direct materials $80,000 Direct labour $15,000 Variable overheads $32,000 Fixed overheads $130,000 If output increases by 15%, what will be the effect, if any, on the variable cost per unit? Show solutionarrow_forwardIf the contribution margin ratio for France Company is 41%, sales were $442,000, and fixed costs were $108,000, what was the income from operations?arrow_forward
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