Beta Corp reported the following:
$\begin{array}{lr}
\text { Revenues } & \$ 2,500 \
\text { Variable manufacturing costs } & \$ 300 \
\text { Variable nonmanufacturing costs } & \$ 480 \
\text { Fixed manufacturing costs } & \$ 350 \
\text { Fixed nonmanufacturing costs } & \$ 270
\end{array}$ Required:
a.Compute contribution margin.
b.Compute gross margin.
c.Compute operating income.

Question

Beta Corp reported the following:
 $\begin{array}{lr}
\text { Revenues } & \$ 2,500 \
\text { Variable manufacturing costs } & \$ 300 \
\text { Variable nonmanufacturing costs } & \$ 480 \
\text { Fixed manufacturing costs } & \$ 350 \
\text { Fixed nonmanufacturing costs } & \$ 270
\end{array}$ Required:
a.Compute contribution margin.
b.Compute gross margin.
c.Compute operating income.

Quizplus · Accepted Answer

The Answer of Beta Corp reported the following:
 $\begin{array}{lr}
\text { Revenues } & \$ 2,500 \
\text { Variable manufacturing costs } & \$ 300 \
\text { Variable nonmanufacturing costs } & \$ 480 \
\text { Fixed manufacturing costs } & \$ 350 \
\text { Fixed nonmanufacturing costs } & \$ 270
\end{array}$ Required:
a.Compute contribution margin.
b.Compute gross margin.
c.Compute operating income.

Beta Corp Reported the Following Required: A

Beta Corp Reported the Following Required:
A