What was the contribution margin percentage, Accounting Basics

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What was the contribution margin percentage

Western States had revenues of $450,000 in March. Fixed costs in March were $273,360 and profit was $32,640.

a.	What was the contribution margin percentage?

Contribution margin

b.	What monthly sales volume (in dollars) would be needed to break-even?

Sales volume needed

c.	What was the margin of safety for March?

Margin of safety

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Accounting Basics: What was the contribution margin percentage

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Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How much is reported for goodwill

Q : Complete the table for the levels of units sold

Q : What is the widget cost

Q : Indicate whether event would increase retained earnings

Q : What was the contribution margin percentage

Q : Annual yield to maturity of the bond

Q : Direct materials cost

Q : What criteria or test is used to determine a liability

Q : Calculate working capital and the current ratio

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was the contribution margin percentage

Reference No:- TGS0556209

Recent Questions Asked Accounting Basics

Q : How much is reported for goodwill

Q : Complete the table for the levels of units sold

Q : What is the widget cost

Q : Indicate whether event would increase retained earnings

Q : What was the contribution margin percentage

Q : Annual yield to maturity of the bond

Q : Direct materials cost

Q : What criteria or test is used to determine a liability

Q : Calculate working capital and the current ratio

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