A furniture manufacturer specializes in wood tables. The tables sell for $100 per unit and...
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Accounting
A furniture manufacturer specializes in wood tables. The tables sell for $100 per unit and incur $40 per unit in variable costs. The company has $6,000 in fxed costs per month. Read the requirements 6. Prepare a contribution margin income statement for one month if the company sells 200 tables. Requirements 20,000 Net sales revenue Fixed costs 8,000 6. Prepare a contribution margin income statement for one month if the company sells 200 tables. Contribution margin Fixed costs 7. What is the total contribution margin for the month when the company sells 200 tables? What is the unit contribution margin? What is the contribution margin ratio? Operating income 8. 9. 7. What is the total contribution margin for the month when the company sells 200 tables? The contribution margin is $ Print Done 8. What is the unit contribution margin? Select the formula labels and then entering the amounts to compute the contribution margin per unit. Unit contribution margin 9. What is the contribution margin ratio? Select the formula labels and then enter the amounts to compute the contribution margin ratio. (Round your answer to the nearest percent, X%.) = Contribution margin ratio
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