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Question: Total variable costs 571,950 Contribution margin Fixed costs 67,000 Accounting staff salaries 147…
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Question: Total variable costs 571,950 Contribution margin Fixed costs 67,000 Accounting staff salaries 147...

Show transcribed image text Total variable costs 571,950 Contribution margin Fixed costs 67,000 Accounting staff salaries 147,000 Administrative management salaries Factory machinery depreciation 77,000 17.000 Factory maintenance 17,000 Lease of equipment for sales staff 8.500 Taxes on factory 333,500 Total fixed costs 238.450 Pretax income 71,535 Income tax 166, Net income 2. Compute its contribution margin per unit and its contribution margin ratio (Round Contribution margin ratio to nearest percentage.) TIGHT DRUMS COMPANY Contribution Margin Income Statement (partial) For Year Ended December 31, 2015 Per Unit Sales Variable costs: Drum stands Plastic for casing Sales commissions Wages of assembly workers Total variable costs Contribution margin 100% Variable costs Contribution margin

Total variable costs 571,950 Contribution margin Fixed costs 67,000 Accounting staff salaries 147,000 Administrative management salaries Factory machinery depreciation 77,000 17.000 Factory maintenance 17,000 Lease of equipment for sales staff 8.500 Taxes on factory 333,500 Total fixed costs 238.450 Pretax income 71,535 Income tax 166, Net income 2. Compute its contribution margin per unit and its contribution margin ratio (Round Contribution margin ratio to nearest percentage.) TIGHT DRUMS COMPANY Contribution Margin Income Statement (partial) For Year Ended December 31, 2015 Per Unit Sales Variable costs: Drum stands Plastic for casing Sales commissions Wages of assembly workers Total variable costs Contribution margin 100% Variable costs Contribution margin

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