Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a. coastal company budgets sales of $910,000, fixe

a. Coastal Company budgets sales of $910,000, fixed costs of $59,400, and variable costs of...

80.2K

Verified Solution

Question

Accounting

a. Coastal Company budgets sales of $910,000, fixed costs of $59,400, and variable costs of $263,900. What is the contribution margin ratio for Coastal Company? fill in the blank 1 of 1 %

b. If the contribution margin ratio for Bushner Company is 62%, sales were $480,000, and fixed costs were $202,370, what was the operating income? fill in the blank 1 of 1$

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

23 x y term containing yu A 25 200 x 6y 4 B 6 x...

Calculus
Q

Diminishing Returns. Spending money on advertising for a product can increase the amount of revenue generated...

Advance Math
Q

(a) Is 2xydx - (1+y)dy = 0 linear or nonlinear? (b) Solve 2xydx - (1+y)dy =...

Advance Math
Q

Conditional Probability Problem: An urn contains 5 red balls, 4 green balls, and 4 yellow balls...

Basic Math
Q

Examine the following statements and tick the right answer – The term sheet is a legal agreement...

Accounting
Q

Let the cost of producing a books be 100 x and a price demand equation...

Algebra
Q

sheridan company was started on april 1st by R.S. Francis and associates. the following selected...

Accounting
Q

5-A1 Straightforward Income Statements The Liberty Company had the following manufacturing data for the year...

Accounting
Q

Supler Corporation produces a part used in the manufacture of one of its products. The...

Accounting
Q

Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department...

Accounting
Q

Smoky Mountain Corporation makes two types of hiking bootsXtreme and the Pathfinder. Data concerning these...

Accounting
Q

You have $2,000 in your savings account, and want to buy a car for $30,000....

Finance