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3 years ago

A manufacturer of tiling grout has supplied the following data:

Business

1 answer:

Romashka [77]3 years ago

5 0

Answer:

Explanation:

Calculation for the company's contribution margin ratio

First step is to find the Contribution margin using this formula

Contribution margin = Sales - Variable expenses

Let plug in the formula

Contribution margin = $1,910,000-$1,319,000

Contribution margin = $591,000

Second step is to calculate for the Contribution margin ratio using this formula

Contribution margin ratio= Contribution margin ÷ Sales

Let plug in the formula

Contribution margin ratio = $591,000 ÷ $1,910,000

Contribution margin ratio = 0.309×100

Contribution margin ratio=30.9%

Calculation for Total Variable expenses

Variable manufacturing expense $956,000

Variable selling and administrative expense $363,000

Total $1,319,000

Therefore the Contribution margin ratio will be 30.9%

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3 years ago

Soundgarden Company sold 200 color laser copiers on July 10, 2020, for $4,000 apiece, together with a 1-year warranty. Maintenan

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Answer:

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Answer:

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3 years ago

98 points! Please answer 1 sentence or more for each question

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Answer:

1.) idk

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4.) 17 maybe 18

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Hope This Helps! Have A Nice Day!!

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Read 2 more answers

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