An asterisk (*) will appear to the right of an incorrect entry.
1.
S M L Total
Sales
Variable cost of goods sold
Manufacturing margin
Variable operating expenses
Contribution margin
Fixed costs:
Manufacturing costs
Operating expenses
Total fixed costs
Operating income
2.
3.
S L Total
Sales
Variable cost of goods sold
4.
Operating income, Proposal 3
Operating income, present conditions (part 1)
Increase in operating income
Valdespin Company
For the Year Ended June 30, 20Y9
Size
If Proposal 3 is accepted:
Variable Costing Income Statement
0%
Cells with non-gray backgrounds are protected and cannot be edited.
[Key code here]
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Instructions
If Proposal 2 is accepted:
Valdespin Company
Variable Costing Income Statement
For the Year Ended June 30, 20Y9
Size
Problem 21(7)-5A
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
1.
S M L Total
Sales 668,000$ 737,300$ 956,160$ 2,361,460$
2.
Contribution margin for Size M 224,680$
3.
S L Total
Sales 1,536,400$ 956,160$ 2,492,560$
4.
Operating income, Proposal 3 132,726$
Valdespin Company
Valdespin Company
Variable Costing Income Statement
For the Year Ended June 30, 20Y9
If Proposal 2 is accepted:
Size
For the Year Ended June 30, 20Y9
Size
If Proposal 3 is accepted:
Problem 21(7)-5A
Name:
Solution
Section:
ON
Variable Costing Income Statement
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.