This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Complete each of the following contribution format income statements by supplying the missing ... (Read 14 times)

kmcolvin

  • Full Member
  • ***
  • Posts: 140
on: Feb 5, 2023

Question 1

Complete each of the following contribution format income statements by supplying the missing amounts.

​​Blue Co.Red, Inc.
Sales revenue?      $45,000
Variable costs  21,000      ?      
Contribution margin 9,000 25,000
Fixed costs     ?        12,000
Operating income2,500?      
Income taxes     ?           4,000
Operating income$  1,750      ?      


Question 2

Complete each of the following contribution format income statements by supplying the missing numbers.

​​Blue Co.Red, Inc.
Sales revenue?      $60,000
Variable costs   9,000      ?      
Contribution margin?       40,000
Fixed costs  12,000      ?      
Operating income?      ?      
Income taxes    1,600     4,000
Operating income$  4,800 $16,000
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kmcolvin on Feb 5, 2023

xinyifff

  • Full Member
  • ***
  • Posts: 159
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


kmcolvin

  • Member
  • Posts: 140
Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Generalized scheme showing the contribution of absorption, distribution, metabolism, elimination, ... Generalized scheme showing the contribution of absorption, distribution, metabolism, elimination, ...
Examples of Mission Statements Examples of Mission Statements
The complete oxidation of 1 mole of glucose generates about 30–32 moles of ATP synthesized from ... The complete oxidation of 1 mole of glucose generates about 30–32 moles of ATP synthesized from ...
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
Technology In Action Complete Technology In Action Complete
What is the contribution of studying wing spot in the field? What is the contribution of studying wing spot in the field?
Video: Smoking Cessation

For a complete list of videos, visit our video library