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  • Accounting For Managers Final

    Transféré par

    Manal Elkhoshkhany
    59 vues1 page
    Smith Food Center Sales cost of goods sold gross profit Operating Expenses Operating Income Contribution Margin ratio.

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    Accounting for Managers Final

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    Smith Food Center Sales cost of goods sold gross profit Operating Expenses Operating Income Contribution Margin ratio.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme XLSX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    59 vues1 page

    Accounting For Managers Final

    Transféré par

    Manal Elkhoshkhany
    Smith Food Center Sales cost of goods sold gross profit Operating Expenses Operating Income Contribution Margin ratio.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme XLSX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 1

    2) Smith Food Center Sales Cost of Goods Sold Gross Profit Operating Expenses Operating Income Contribution Margin

    Ratio a) Smith Food Center Income Statement Sales Variable Expenses Contribution Margin Fixed Expenses Operating Income b) 10% 15%

    $1,280,000 $1,180,000 $100,000 $64,000 $36,000 15%

    $1,280,000 $1,088,000 $192,000 $156,000 $36,000

    100% 85% 15%

    Increase in Sales Increase in Contribution Margin Previous Operating Income Adjusted Operating Income

    $128,000 $19,200 $36,000 $55,200

    c) Breakeven in Dollars (Fixed Expenses/CMR)

    $1,040,000

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