Homework Answers
1)Net operating income = Contribution MArgin *sales - fixed cost
= 144000*60%-51,000 = $35,400 (Answer)
2) Degree of Operating leverage = Contibution Margin /opearting Income
=221,400 / 166,050 = 1.33 (Answer)
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Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $51,000. Assuming that...
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $42.500. Assuming that the fixed mo...
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $42.500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $127.000? Mumple Choice оооо О ВА 500
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $42,500. Assuming that...
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $42,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $127,000? Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (8,400 units) Variable expenses Contribution margin Fixed expenses Net operating income $764,400 445,200 319,200 250,900 $ 68,300 If the...
Jilk Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $49,000. Assuming that...
Jilk Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $49,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $140,000?
Subm 5 Jilk Inc's contribution margin ratio is 60% and its fixed monthly expenses are $46,000....
Subm 5 Jilk Inc's contribution margin ratio is 60% and its fixed monthly expenses are $46,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $134,000? Multiple Choice $80,400 $7,600 $34.400 SB3.000 Prov 5
APTERS 5 AND 6 6 Help Save & Exit Submit Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly exp...
APTERS 5 AND 6 6 Help Save & Exit Submit Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $48,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $139,000? Multiple Choice Ο Ο Ο 536.290 Ο $90,500
Creswell Corporation's fixed monthly expenses are $23,000 and its contribution margin ratio is 63%. Assuming that...
Creswell Corporation's fixed monthly expenses are $23,000 and its contribution margin ratio is 63%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are S78,000? Multiple Choice Ο $26,140 Ο $49,140 Ο $55,000 Ο $5,860
Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed...
Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $369,000 147,600 221,400 55,350 $166,050 The degree of operating leverage is closest to: Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $31,000 and variable expenses of $10,780. Product X96N had sales of $44,000 and variable expenses of $18,470. The fixed expenses of the entire company were $46,060. The break-even point for...
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $47,000. If the...
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $47,000. If the company's sales for a month are $305,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice Ο Ο $209,200 Ο Ο $1,800 Ο $258,000 Ο S48,800
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $45,500. If the...
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $45,500. If the company's sales for a month are $302,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice Ο $208,180 Ο $2,820 Ο S48,320 Ο $256,500
Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. Assuming that...
Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $95,000? Multiple Choice $12,800 $53,200 $24.200 $66,000
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $42.500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $127.000? Mumple Choice оооо О ВА 500
Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $42,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $127,000? Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (8,400 units) Variable expenses Contribution margin Fixed expenses Net operating income $764,400 445,200 319,200 250,900 $ 68,300 If the...
Jilk Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $49,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $140,000?
Subm 5 Jilk Inc's contribution margin ratio is 60% and its fixed monthly expenses are $46,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $134,000? Multiple Choice $80,400 $7,600 $34.400 SB3.000 Prov 5
APTERS 5 AND 6 6 Help Save & Exit Submit Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $48,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $139,000? Multiple Choice Ο Ο Ο 536.290 Ο $90,500
Creswell Corporation's fixed monthly expenses are $23,000 and its contribution margin ratio is 63%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are S78,000? Multiple Choice Ο $26,140 Ο $49,140 Ο $55,000 Ο $5,860
Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $369,000 147,600 221,400 55,350 $166,050 The degree of operating leverage is closest to: Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $31,000 and variable expenses of $10,780. Product X96N had sales of $44,000 and variable expenses of $18,470. The fixed expenses of the entire company were $46,060. The break-even point for...
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $47,000. If the company's sales for a month are $305,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice Ο Ο $209,200 Ο Ο $1,800 Ο $258,000 Ο S48,800
Gayne Corporation's contribution margin ratio is 16% and its fixed monthly expenses are $45,500. If the company's sales for a month are $302,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice Ο $208,180 Ο $2,820 Ο S48,320 Ο $256,500
Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $95,000? Multiple Choice $12,800 $53,200 $24.200 $66,000
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