QUESTION IMAGE
Question
question 13 (1 point)
calculate the contribution margin from the following: variable expense $35900, net sales estimates $109000.
3.03
0.33
0.67
question 14 (1 point)
calculate the breakeven point from the following: total fixed costs $177,375, contribution margin .26.
$0.00000147
$177374.74
$682212
question 15 (1 point)
calculate the breakeven point from the following: net sales estimates $950000, variable expense $705125, fixed expense $177375.
$.26
$682212
$5.36
Question 13
Step1: Calculate contribution margin in dollars
$\text{Contribution Margin (Dollars)} = \text{Net Sales} - \text{Variable Expenses}$
$\text{Contribution Margin (Dollars)} = 109000 - 35900 = 73100$
Step2: Calculate contribution margin ratio
$\text{Contribution Margin Ratio} = \frac{\text{Contribution Margin (Dollars)}}{\text{Net Sales}}$
$\text{Contribution Margin Ratio} = \frac{73100}{109000} \approx 0.67$
Question 14
Step1: Apply breakeven point formula
$\text{Breakeven Point (Dollars)} = \frac{\text{Total Fixed Costs}}{\text{Contribution Margin Ratio}}$
$\text{Breakeven Point (Dollars)} = \frac{177375}{0.26} = 682211.54 \approx 682212$
Question 15
Step1: Calculate contribution margin ratio
$\text{Contribution Margin Ratio} = \frac{\text{Net Sales} - \text{Variable Expenses}}{\text{Net Sales}}$
$\text{Contribution Margin Ratio} = \frac{950000 - 705125}{950000} = \frac{244875}{950000} = 0.25775 \approx 0.26$
Step2: Calculate breakeven point
$\text{Breakeven Point (Dollars)} = \frac{\text{Total Fixed Costs}}{\text{Contribution Margin Ratio}}$
$\text{Breakeven Point (Dollars)} = \frac{177375}{0.25775} = 688166.75$
(Note: Using the simplified 0.26 ratio: $\frac{177375}{0.26} = 682211.54 \approx 682212$)
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Question 13: 0.67
Question 14: $682212
Question 15: $682212