mturkumani
Mar 1, 2008, 10:19 PM
Q- income statement :
Sales 450,000
COGS 200,000
Gross Margin 250,000
Other operating expenses 196,000
Operating income 54,000
The company has determined that 50,000 of GOGS and 166,000 of operating expenses is fixed. Required:
1- Compute the contribution margin
2- Compute the contrubution margin percentage
3- Compute the breakeven volume in sales dollars
4- Compute the current margin of safety
Thanking you
Sales 450,000
COGS 200,000
Gross Margin 250,000
Other operating expenses 196,000
Operating income 54,000
The company has determined that 50,000 of GOGS and 166,000 of operating expenses is fixed. Required:
1- Compute the contribution margin
2- Compute the contrubution margin percentage
3- Compute the breakeven volume in sales dollars
4- Compute the current margin of safety
Thanking you