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mework Required Saved Exercise 5-4 Computing and Using the CM Ratio (LO5-3) Last month when Holiday...
Exercise 5-4 Computing and Using the CM Ratio [LO5-3] Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $318,000, total variable expenses were $225,780, and fixed expenses were $40,000. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,300? (Do not round intermediate calculations.) Contribution margin ratio Estimated change in net operating income
Exercise 5-4 Computing and Using the CM Ratio (LO 5-3) Last month when Holiday Creations, Inc., sold 42,000 units, total sales were $282,000, total variable expenses were $236,880, and fixed expenses were $35,900. Required: 1. What is the company's contribution margin (CM) ratio? Contribution margin ratio 2. Estimate the change in the company's net operating income if it were to increase its total sales by $1,500. Estimated change in net operating income
Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $313,000, total variable expenses were $222,230, and fixed expenses were $36,400. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1.2002 (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income
Last month when Holiday Creations, Inc., sold 43,000 units, total sales were $290,000, total variable expenses were $243,600, and fixed expenses were $35,800. Required: 1. What is the company's contribution margin (CM) ratio? Contribution margin ratio 2. Estimate the change in the company's net operating income if it were to increase its total sales by $1,900. Estimated change in net operating income
Last month when Holiday Creations, Inc., sold 45,000 units, total sales were $298,000, total variable expenses were $223,500, and fixed expenses were $39,800 Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,100? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income
Last month when Holiday Creations, Inc., sold 45,000 units, total sales were $307,000, total variable expenses were $254.810, and fixed expenses were $38,600. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,000? (Do not round intermediate calculations.) % 1. Contribution margin ratio 2. Estimated change in net operating Income
ouTube Maps Chapter 50 Help Save & Exit Sub Check my wor Exercise 5-4 Computing and Using the CM Ratio (LO5-3] Last month when Holiday Creations, Inc., sold 42,000 units, total sales were $287,000, total variable expenses were $209,510, and fixed expenses were $37,200. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,300? (Do not round intermediate calculations.) 1....
Last month when Holiday Creations, Inc., sold 40,000 units, total sales were $2 85,000, total variable expenses were $216,600, and fixed expenses were $39,700. Required 1. What is the company's contribution margin (CM) ratio? ribution margin ratio 2 Estimate the change in the company's net operating income if it were to increase its total sales by $1,000
Last month when Holiday Creations, Inc., sold 37,000 units, total sales were $319,000, total variable expenses were $248,820, and fixed expenses were $38,700. Required: 1. What is the company's contribution margin (CM) ratio? Contribution margin ratio % 2. Estimate the change in the company's net operating income if it were to increase its total sales by $2,300. Estimated change in net operating income
Last month when Holiday Creations, Inc., sold 37,000 units, total sales were $319,000, total variable expenses were $248,820, and fixed expenses were $38,700. Required: 1. What is the company's contribution margin (CM) ratio? Contribution margin ratio 2. Estimate the change in the company's net operating income if it were to increase its total sales by $2,300. Estimated change in net operating income