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

Author Question: Bivouac Camping Supply sells harsh weather tents. The company has the following income ... (Read 50 times)

knightj

  • Full Member
  • ***
  • Posts: 163
on: Feb 5, 2023
Bivouac Camping Supply sells harsh weather tents. The company has the following income statement.

Sales ($1,000 per unit)​$200,000
Less Cost of Goods sold ($475 per unit)​   95,000
Gross margin​105,000
Less Operating costs​​
  Salaries$40,000​
  Advertising10,000​
  Sales commissions ($5 per unit)1,000​
  Shipping ($20 per unit)    4,000   55,000
Operating income​$  50,000

Required:

a.What is the contribution margin per unit?
b.What is the contribution margin ratio?
c.What is the break-even point in units? In sales dollars?
d.What is the margin of safety in units? In dollars?
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 knightj on Feb 5, 2023

gwisel

  • Full Member
  • ***
  • Posts: 154
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 32% of students answer this correctly


knightj

  • Member
  • Posts: 163
Reply 2 on: Feb 5, 2023
Wow, this really help

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Sandia ear-plug-sized samplers hang poised to sample gases relevant to climate and weather. Sandia ear-plug-sized samplers hang poised to sample gases relevant to climate and weather.
A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive, A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive,
Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
The Weather Business: A Brief Overview The Weather Business: A Brief Overview
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Video: Lactation and Breast Feeding

For a complete list of videos, visit our video library