Homework Answers
Answer
- CM ratio = $8 / $ 20 = 40%
- Increase in sale = $ 322000 x 25% = $ 80,500
- Total increased sale = 322000 + 80500 = $ 402,500
- Amount of Contribution margin = $ 402500 x 40%
= $ 161,000 - Correct Answer = Option #3: $ 161,000
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Spartan Systems reported total sales of $322,000, at a price of $20 and per unit variable...
Spartan Systems reported total sales of $365,000. at a price of $20 and per unit variable expenses of $12 for the sa...
Spartan Systems reported total sales of $365,000. at a price of $20 and per unit variable expenses of $12 for the sales of their single product Per Un Sales Variable expenses Contribution margin Total $365 000 219.000 $20 12 146,000 $8 Fixed expenses Net operating income $33,000 What is the amount of contribution margin if sales volume increases by 202 S146.000 O $39.600 O 5175.200 26.400
Spartan Systems reported total sales of $480,000, at a price of $30 and per unit variable...
Spartan Systems reported total sales of $480,000, at a price of $30 and per unit variable expenses of $21. for the sales of their single product. Per Unit Total $480,000 336,000 Sales Variable expenses $30 Contribution margin 144,000 Fixed expenses 118,000 Net operating Income $26,000 What is the amount of contribution margin if sales volume increases by 40%? (Round your intermediate calculations to 2 decimal places and your final answer to the nearest whole number.) $175,500 O $34,500 O $201,600...
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 325,000 Variable expenses...
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 325,000 Variable expenses 195,000 Contribution margin 130,000 Fixed expenses 105,000 Net operating income $ 25,000 What is total contribution margin if sales volume increases by 30%? Multiple Choice $17,500 $169,000 $32,500 $130,000
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 380,000 Variable expenses...
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 380,000 Variable expenses 228,000 Contribution margin 152,000 Fixed expenses 116,000 Net operating income $ 36,000 What is total contribution margin if sales volume increases by 20%? Multiple Choice $152,000 $43,200 $182,400 $28,800
Exercise 2-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed...
Exercise 2-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO2-1, LO2-4] Miller Company’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (32,000 units) $ 320,000 $ 10.00 Variable expenses 224,000 7.00 Contribution margin 96,000 $ 3.00 Fixed expenses 50,000 Net operating income $ 46,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 19%? 2....
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs...
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for the most recent month is shown below. Per Unit $10.00 Sales (33.000 nits) Variable expenses Contribution margin Fixed expenses perating con Required: (Consider each case independently 1 What is the revised net operating income funit sales increase by 10%? 2 What is the revised net operating income of the selling price decreases by $150 per...
Exercise 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs...
Exercise 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (31,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $186,000 93,000 93,000 44,000 $ 49,000 Per Unit $6.00 3.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised...
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed...
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5.4) Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $10.00 Sales (30,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 380,000 210,000 90,000 47,eee $ 43,000 $ 3.ee Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 13%? 2. What is...
7. If the variable cost per unit increases by 5.60, spending on advertising increases by 51...
7. If the variable cost per unit increases by 5.60, spending on advertising increases by 51 100, and unit sales increase by 250 units, what would be the net operating income? (Do not found inte Not operating income References Book & Resources Required Information Worksheet Learning Objective 03-03 Use the contribution margin ratio (CM ratio) to compute changes in contribution margin and net operating income resulting from changes in sales volume The following f an s to the questions bevo...
Base CVP Scenario - Base ALL OTHER Calculations from this set of numbers! Total Per unit...
Base CVP Scenario - Base ALL OTHER Calculations from this set of numbers! Total Per unit Ratio % Sales (20,000 ) $800,000 $40.00 100.00% Variable expenses 500,000 25.00 62.50% Contribution margin 300,000 $15.00 37.50% Fixed expenses 125,000 Net operating income $175,000 (A) Determine the break-even point in sales units Break Even (Units) Formula = ______________ (B) Sales volume increases by 60% and the selling price decreases by $6.00...
Spartan Systems reported total sales of $365,000. at a price of $20 and per unit variable expenses of $12 for the sales of their single product Per Un Sales Variable expenses Contribution margin Total $365 000 219.000 $20 12 146,000 $8 Fixed expenses Net operating income $33,000 What is the amount of contribution margin if sales volume increases by 202 S146.000 O $39.600 O 5175.200 26.400
Spartan Systems reported total sales of $480,000, at a price of $30 and per unit variable expenses of $21. for the sales of their single product. Per Unit Total $480,000 336,000 Sales Variable expenses $30 Contribution margin 144,000 Fixed expenses 118,000 Net operating Income $26,000 What is the amount of contribution margin if sales volume increases by 40%? (Round your intermediate calculations to 2 decimal places and your final answer to the nearest whole number.) $175,500 O $34,500 O $201,600...
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for the most recent month is shown below. Per Unit $10.00 Sales (33.000 nits) Variable expenses Contribution margin Fixed expenses perating con Required: (Consider each case independently 1 What is the revised net operating income funit sales increase by 10%? 2 What is the revised net operating income of the selling price decreases by $150 per...
Exercise 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (31,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $186,000 93,000 93,000 44,000 $ 49,000 Per Unit $6.00 3.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised...
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5.4) Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $10.00 Sales (30,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 380,000 210,000 90,000 47,eee $ 43,000 $ 3.ee Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 13%? 2. What is...
7. If the variable cost per unit increases by 5.60, spending on advertising increases by 51 100, and unit sales increase by 250 units, what would be the net operating income? (Do not found inte Not operating income References Book & Resources Required Information Worksheet Learning Objective 03-03 Use the contribution margin ratio (CM ratio) to compute changes in contribution margin and net operating income resulting from changes in sales volume The following f an s to the questions bevo...
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