2013,2014,2015,2016,2017,2018,2019,2020,2021
Answer:
a. $197,600
b. $163,400
c. $108,600
Explanation:
a. Manufacturing margin = Sales - Variable cost of goods sold
= $380,000 - $182,000
= $197,600
b. Contribution margin = Manufacturing margin - Variable selling and administrative expenses
= $197,600 - $34,200
= $163,400
c. Income from operations = Contribution margin - Fixed manufacturing costs - Fixed selling and administrative expenses
= $163,400 - $57,000 - $2,800
= $108,600
It should be Joe and ISADORA and it should be ISADORA 37 and Joe 48
Answer:
In the question, we are not given information with respect to sales costs, so we can only find total gross sales:
Sales Budget fist 2 quarters of the year
Product Sales Price Sales Q1 Sales Q2 Total gross sales
XQ-103 $14 22,590 27,710 $704,200
XQ-104 $27 14,880 16,200 $839,160
$1,53,360
