1 answer

The following CVP income statements are available for Bramble Company and Vaughn Company. Bramble Company Vaughn...

Question:

The following CVP income statements are available for Bramble Company and Vaughn Company. Bramble Company Vaughn Company Sale
The following CVP income statements are available for Bramble Company and Vaughn Company. Bramble Company Vaughn Company Sales $490,000 $490,000 Variable costs 294,000 245,000 Contribution margin 196,000 245,000 Fixed costs 176,400 225,400 Net income $19,600 $19,600 (a1) x Your answer is incorrect. Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Bramble Company 40 Vaughn Company 50 eTextbook and Media

Answers

We will use the Contribution margin ratio formula as (Sales- Variable cost)/ Sales

1. Bramble Company

Sales= 490000

Variable Cost= 294000

Contribution Margin Ratio= (490000-294000)/490000 = 0.40

2. Vaughn Company

Sales= 490000

Variable Cost= 245000

Contribution Margin Ratio= (490000-245000)/490000= 0.50

.

Similar Solved Questions

1 answer
What are the coordinates for the point #p((11pi)/3)# where #p(theta)=(x,y)# is the point where the terminal arm of an angle #theta# intersects the unit circl?
What are the coordinates for the point #p((11pi)/3)# where #p(theta)=(x,y)# is the point where the terminal arm of an angle #theta# intersects the unit circl?...
1 answer
1. Why do so many organisms in tropical forest use sound to find each other?
1. Why do so many organisms in tropical forest use sound to find each other?...
1 answer
Please answer neatly and correctly! According to the historical data, the life expectancy in the United...
Please answer neatly and correctly! According to the historical data, the life expectancy in the United States is less than or equal to the life expectancy in Ireland. A new study has been made to see whether this has changed. Records of 290 individuals from the United States who died recently are s...
1 answer
What is the oxidation number of Cr2(SO4)3
What is the oxidation number of Cr2(SO4)3...
1 answer
Benson electronics currently produces the shipping Exercise 13-13 Outsourcing decision affected by opportunity costs LO 13-3...
benson electronics currently produces the shipping Exercise 13-13 Outsourcing decision affected by opportunity costs LO 13-3 Benson Electronics currently produces the shipping containers it uses to deliver the electronics products itsells. The monthly cost of producing 9,300 containers follows: ...
1 answer
2) Joe and Bill are playing tug-of-war. Joe is pulling with a force of 200 N....
2) Joe and Bill are playing tug-of-war. Joe is pulling with a force of 200 N. Bill hanging on to the rope. Neither person is moving. What is the tension of the rope? is simply...
1 answer
What are objective data and subjective data related to the patient problem of hypertension?
What are objective data and subjective data related to the patient problem of hypertension?...
1 answer
For each account shown below, determine if posting a credit to the account would result in...
For each account shown below, determine if posting a credit to the account would result in an increase or a decrease to the account balance. Select your answer by clicking in the drop down box to the right of each account. Group of answer choices cost of goods sold       [ Choose...
1 answer
Consider the following functions: f(x) = V8 - 4 and g(x) Step 1 of 3: Find...
Consider the following functions: f(x) = V8 - 4 and g(x) Step 1 of 3: Find four ordered pairs that satisfy the function, f(x) = =4 Answer ). D]...
1 answer
7.a) Describe the formation of pearlite, bainite, and martensite in the isothermal transformation. Mark each of...
7.a) Describe the formation of pearlite, bainite, and martensite in the isothermal transformation. Mark each of it at the right locations in the diagram given below for the Iron-Carbon alloy by copying the figure. Points: 5 800 T(°C) TE 600 1 400 - 200 - 10-1 10 10 105 b) Briefly explain how coa...
1 answer
Easy question but i am confused. someone help Consider the following Java classes: class OuterClass {...
easy question but i am confused. someone help Consider the following Java classes: class OuterClass { static class InnerClass { public void inner Method({ System.out.println("This is my inner class"); public static void outer Method{ System.out.println("This is my outer class"); p...
1 answer
A. How many integers from 1 through 1,000 are multiples of 4 or multiples of 3?...
A. How many integers from 1 through 1,000 are multiples of 4 or multiples of 3? B. Suppose an integer from 1 through 1,000 is chosen at random. Use the result of part (a) to find the probability that the integer is a multiple of 4 or a multiple of 3. (Round to the nearest tenth of a percent.) C. How...
1 answer
A) For the truss shown below identify all zero force members. (Circle) (10 Points) b) Determine...
a) For the truss shown below identify all zero force members. (Circle) (10 Points) b) Determine the forces in members BE DE, and AB. (15 Points) y (4) 9 (4)-12(8), 9K 12 KN 4 m join 3m • 35.25 KM 0 3m 12 +35.25 + <DE TBy 35.25 АЧ BEST STU...
1 answer
1. Does acetaldehyde give a positive haloform reaction? 2. Name three ways of making benzoic acid
1. Does acetaldehyde give a positive haloform reaction? 2. Name three ways of making benzoic acid...
1 answer
Assume a column C in a correctly written truth table contains the values for a boolean...
Assume a column C in a correctly written truth table contains the values for a boolean expression that consists of six distinct boolean variables. Under this assumption, if C contains 7 values of true, then how many values of false are in C? 25 none of the other answers are correct 16 1 64...
1 answer
A formula is given for the volumetric flow rate (picture), Q, as a function of density,...
a formula is given for the volumetric flow rate (picture), Q, as a function of density, the pressure difference, and the area ratio, for a venturi meter. Derive a similar equation for a case when the venturi meter is inclined at an angle θ, where the distance between points 1 and 2 in the mete...
1 answer
Compare the assumptions of physician-centered and collaborative communication. How is the caregiver's role different in each...
Compare the assumptions of physician-centered and collaborative communication. How is the caregiver's role different in each model? How is the patient's role different? What are some of the reasons many people are shifting from provider-centered to collaborative communication in the health c...
1 answer
A nurse is preparing to administer for 90 minutes using an IV pump 1000mg of vancomycin...
A nurse is preparing to administer for 90 minutes using an IV pump 1000mg of vancomycin IVPB for a client with sepsis. The tubing drip factor is 20 gtts/ml and the medication comes diluted in a 250ml bag of D5W. How will the nurse set the infusion pump (ml.hr)?...