I need help doing the homework asap
m.am99
first_one.xlsa
| Trump Company | ||||||
| a. | CVP Income Statement | |||||
| For the year ended December 31, 2015 | ||||||
| Sales | $ 16,000,000.00 | |||||
| Variable Costs: | ||||||
| 1. Manufacturing | $ 7,200,000.00 | |||||
| 2. Sales Commission | $ 2,400,000.00 | |||||
| Total Variable Cost | $ 9,600,000.00 | |||||
| Contribution Margin | $ 6,400,000.00 | |||||
| Fixed Costs: | ||||||
| 1. Manufacturing | $ 2,340,000.00 | |||||
| 2. Marketing | $ 120,000.00 | |||||
| 3. Admin | $ 1,800,000.00 | |||||
| Total Fixed Cost | $ 4,260,000.00 | |||||
| Income | $ 2,140,000.00 | |||||
| CM Ratio | 0.4 | |||||
| BE point | $ 10,650,000.00 |
