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    Sweetkissees's Avatar
    Sweetkissees Posts: 2, Reputation: 1
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    #1

    Oct 1, 2011, 10:50 PM
    Accounting
    If Swannanoa Company's budgeted sales are $1,000,000, fixed costs are $350,000, and variable costs are $600,000, what is the budgeted contribution margin ratio? If the contribution margin ratio is 30% for Swannanoa Company, sales are $900,000, and fixed costs are $200,000, what is the operating profit?
    Unknown008's Avatar
    Unknown008 Posts: 8,076, Reputation: 723
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    #2

    Oct 2, 2011, 12:46 AM
    Use your formulae. What did you come up with?
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