Income Statement Projected Income Statement Sales Revenue $2,500,000 Variable Costs Purchases $750,000 0.3 Direct labor $600,000 0.24...
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Income Statement Projected Income Statement Sales Revenue$2,500,000 Variable Costs Purchases $750,000 0.3 Direct labor$600,000 0.24 $1,350,000 $1,150,000 Fixed Costs Selling $500,000Administrative $485,000 Manufacturing Overhead $150,000 $1,135,000Profit Dollars Percentage Calculate the Contribution MarginCalculate the Gross Margin Ratio Calculate Breakeven SalesCalculate Margin of Safety based on the 5% expected salesincrease.
Income Statement Projected Income Statement SalesRevenue $2,500,000 VariableCosts Purchases $750,000 0.3 Directlabor $600,000 0.24 $1,350,000 $1,150,000 FixedCosts Selling $500,000 Administrative $485,000 Manufacturing Overhead $150,000 $1,135,000 Profit Dollars Percentage Calculate the Contribution Margin Calculate the Gross Margin Ratio Calculate Breakeven Sales Calculate Margin of Safety based on the 5% expected salesincrease.
Income Statement Projected Income Statement Sales Revenue$2,500,000 Variable Costs Purchases $750,000 0.3 Direct labor$600,000 0.24 $1,350,000 $1,150,000 Fixed Costs Selling $500,000Administrative $485,000 Manufacturing Overhead $150,000 $1,135,000Profit Dollars Percentage Calculate the Contribution MarginCalculate the Gross Margin Ratio Calculate Breakeven SalesCalculate Margin of Safety based on the 5% expected salesincrease.
| Income Statement | Projected Income Statement | ||||||
| SalesRevenue | $2,500,000 | ||||||
| VariableCosts | |||||||
| Purchases | $750,000 | 0.3 | |||||
| Directlabor | $600,000 | 0.24 | $1,350,000 | ||||
| $1,150,000 | |||||||
| FixedCosts | |||||||
| Selling | $500,000 | ||||||
| Administrative | $485,000 | ||||||
| Manufacturing Overhead | $150,000 | $1,135,000 | |||||
| Profit | |||||||
| Dollars | Percentage | ||||||
| Calculate the Contribution Margin | |||||||
| Calculate the Gross Margin Ratio | |||||||
| Calculate Breakeven Sales | |||||||
| Calculate Margin of Safety based on the 5% expected salesincrease. | |||||||
Answer & Explanation Solved by verified expert
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Income Statement Projected Income Statement Sales Revenu a 2500000 2625000 2500000105 Les Variable cost Purchase 30 X a 750000 787500 Direct Material 24a 600000 630000 Total Variable cost b 1350000 1417500 Contribution Margin c ab
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