Q ACCT- CH 3 FlashcardsxCengage C ? ? Secure https://cg cengage ow.com/intakeAss

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Q ACCT- CH 3 FlashcardsxCengage C ? ? Secure https://cg cengage ow.com/intakeAssgnment ak AssignmentMaidotakeAssignmentSessionLocatora gnment Chapter 11 Hoamework Assignment x y?CengageNow online ter?G For A Recent Year, wicker?x" o For a recent yewr, wicker Compeny, a business consisting of company-counedestaurns hd he otlowing sales and espenses ( Salos oFood ans peckaging 5,944 Payroll Ocusancy frent, depreciation, stc.) 4436 ,600 Autre nat the !!ri,Me.costs cowat offoeo d 00ckaging, peroL nd 40% of the www, set, end Benrwtative mit from operstions costs squals

Explanation / Answer

a. Contribution Margin = Sales – Variable Expenses

Contribution Margin = $18,100 - $5,944 - $4,600 - $1,040 = $6,516 million

b. Contribution Margin Ratio = Contribution Margin / Sales = $6,516 / $18,100 = 0.36 or 36%

c. Change in income from operations = $1,100 million * 36% = $396 million

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