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ezto.mheducation.com/hm.tpx 1. Compute the overall contribution margin (CM) rati

ID: 2479034 • Letter: E

Question

ezto.mheducation.com/hm.tpx 1. Compute the overall contribution margin (CM) ratio for the company 2. Compute the overall break-even point for the company in sales dollars. (Do not round intermediate calculation.) Overall break ever tas iiao! veral break-even point 114300 3. Complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (Input all amounts as positive values except I which should be Indicated by a minus sign. Leave no cells blank be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Predator S 64320 Runway Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss Hints Reterences Book & Resources Hotel Ask me anyt @

Explanation / Answer

Ans 1 Overall CM ratio 100800/144000*100 70 Ans 2 Breakeven 80010/.7 114300 Working Predator Runway Total Sales S 96000 48000 144000 Sales mix 66.67 33.33 Breakeven sales 114300 Divided in the sales mix D 76200 38100 Variable cost in original data V 35560 7640 Variable cost% C= V/S*100 37.04 15.92 Variable cost at Break Even (sales mix D*C) 28225.75 6064.25 Contribution format at Breakeven point Predator Runway Total Sales (Breakeven) 76200 38100 114300 Variable Cost 28225.75 6064.25 34290 Contribution margin 47974.25 32035.75 80010 Less: fixed Cost 80010 Net Income 0 Dear Student I have answered the first question asked by you.