Concordia University Chapter 5 & 6 Managerial Accounting Worksheet

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Business Finance

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Problem 5-21A 1. Percentage of total sales ..................... Sales ....................... Variable expenses..... Contribution margin .. Fixed expenses ......... Net operating income (loss) ......... *$ White % ÷ $750,000 = % 2. Break-even sales would be: 100% % % Product Fragrant Loonzain % % 100% % % 100% % % Total 100% $750,000 100% % %* $ 3. Memo to the president: Problem 6-21A 1. Total Company Amount % Sales ............................................... Variable expenses............................. Contribution margin.......................... Traceable fixed expenses .................. Territorial segment margin ................ Common fixed expenses .................. Net operating income ....................... 100.0 Sales Territory Northern Southern Amount % Amount % 100 100 Product Line Northern Territory Amount % Sales .............................................. Variable expenses............................ Contribution margin......................... Traceable fixed expenses ................. Product line segment margin............ Common fixed expenses ................. Sales territory segment margin ........ Problem 6-21A 2. 3. 100.0 Paks Amount % 100 Tibs Amount % 100
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Running head: ACCOUNTING ASSIGNMENT

Accounting Assignment
Name
Course
Tutor
Date

ACCOUNTING ASSIGNMENT

2
Accounting Assignment

PROBLEM 5-21A
Question 1
GOLD STAR RICE, LTD
Revenue

CONTRIBUTION MARGIN INCOME STATEMENT
$

$

Sales
White
Fragrant
Loonzain

150, 000
390, 000
210, 000

750, 000

Less: Variable Costs
White
Fragrant
Loonzain

108, 000
78, 000
84, 000

270, 000

Contribution MArgin
White
Fragrant
Loonzain

42, 000
312, 000
126, 000

480, 000

Less: Fixed Costs
Net Operating Income
Question 2
Break-even Point= Fixed Expenses ÷ Contribution Margin Percen...


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