Ask Experts Questions for FREE Help !
Ask
    leegomezstar's Avatar
    leegomezstar Posts: 2, Reputation: 1
    New Member
     
    #1

    Jan 26, 2010, 08:53 AM
    What's the CM annual revenues
    I have to calculate the contribution maargin. Calculate the monthly break-even units for each antique, prepare a contribution margin income statement. Distributors wants 15% on all antiques
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #2

    Jan 26, 2010, 07:14 PM

    There's a lot there and it's very vague. I'm not really quite sure what you're doing or what you're question is.

    Contribution margin is sales less variable costs. (Which can either be done in units or in total.)

    Break even is fixed costs divided by unit contribution margin.

    But what you're asking is pretty vague and I'm not sure what exactly you are doing. Also make sure you check in with our guidelines on posting homework problems:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Unbilled revenues [ 1 Answers ]

Fees earned but unbilled on Dec 31, $500

Revenues for the month [ 2 Answers ]

Help me with this question also, The following transactions were extracted from the accounting records of a Corporation: Borrowed $150,000 from a bank. Collected $30,000 from a sale made in March. Sold $35,000 in cash and $65,000 on account. company's revenues for...

Company revenues [ 5 Answers ]

If a company reports a loss of $15,000 and total expenses of $310,000 is this enough information to determine its revenues? If it is how would it be determined?


View more questions Search