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The CGC Computer Products most recent contribution margin...
Problem 2-20 Points: The CGC Computer Products most recent contribution margin income statement is shown on...
Problem 2-20 Points: The CGC Computer Products most recent contribution margin income statement is shown on the worksheet. In each of the following scenarios, calculate the values indicated. (CALCULATE ALL CHANGES FROM THE BEGINNING SCENARO OF NUMBERS-hint: it may be easier to copy the base income statement and paste to all other scenarios) A. The breakeven point in dollars and units. B. The sales volume increases by 30% and the price decreases by $0.50 per unit. c. The selling price...
1.What is the contribution margin per unit? 2.What is the contribution margin ratio? 3.What is the...
1.What is the contribution margin per unit?
2.What is the contribution margin ratio?
3.What is the variable expense ratio?
4.If sales increase to 1,001 units, what would be the increase
in net operating income?
5.If sales decline to 900 units, what would be the net
operating income?
6.If the selling price increases by $2.50 per unit and the
sales volume decreases by 100 units, what would be the net
operating income?
7.If the variable cost per unit increases by $1.50,...
please answer all questions Questions: 1. What is the meaning of contribution margin ration? How is...
please answer all questions
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company B are identical except that Company A's costs are mostly variable whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain. 3. What is the meaning of operating leverage? 4. What is the meaning of break-even point?...
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in...
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company B are identical except that Company A's costs are mostly variable whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain. 3. What is the meaning of operating leverage? 4. What is the meaning of break-even point? Problem: Oslo Company prepared...
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in...
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company B are identical except that Company A's costs are mostly variable whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain. 3. What is the meaning of operating leverage? 4. What is the meaning of break-even point? Problem: Oslo Company prepared...
Miller Company's contribution format income statement for the most recent month is shown below: Total $...
Miller Company's contribution format income statement for the most recent month is shown below: Total $ 320,000 200,000 Sales (40,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Per Unit $8.00 5.00 $3.00 120,000 49,000 $ 71,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 15%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units...
Miller Company’s contribution format income statement for the most recent month is shown below: Total Per...
Miller Company’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (42,000 units) $420,000 (total) $10.00 (per unit) Variable expenses 294,000 7.00 Contribution margin 126,000 $ 3.00 Fixed expenses 42,000 Net operating income $84,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 13%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number...
Miller Company's most recent contribution format income statement is shown below: Sales (32.000 units) Variable expenses...
Miller Company's most recent contribution format income statement is shown below: Sales (32.000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $224,000 128,000 96,000 47,000 $ 49,000 Per Unit $7.00 4.00 $3.00 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Do not round intermediate calculations. Round your "Per unit" answers to 2 decimal places.) 1. The number of units sold increases by 12%. Per Unit Miller Company...
Miller Company’s contribution format income statement for the most recent month is shown below: Total Per...
Miller Company’s contribution format income statement for the
most recent month is shown below:
Total
Per Unit
Sales (34,000 units)
$
340,000
$
10.00
Variable
expenses
238,000
7.00
Contribution
margin
102,000
$
3.00
Fixed
expenses
46,000
Net operating
income
$
56,000
Required:
(Consider each case independently):
1. What is the revised net operating income if unit sales
increase by 15%?
2. What is the revised net operating income if the selling price
decreases by $1.20 per unit and the number...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (40,000...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (40,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 320,000 200,000 120,000 45,000 $ 75,000 Per Unit $ 8.00 5.00 $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 net operating income if the selling price decreases by $1.50 per unit and the number of...
Problem 2-20 Points: The CGC Computer Products most recent contribution margin income statement is shown on the worksheet. In each of the following scenarios, calculate the values indicated. (CALCULATE ALL CHANGES FROM THE BEGINNING SCENARO OF NUMBERS-hint: it may be easier to copy the base income statement and paste to all other scenarios) A. The breakeven point in dollars and units. B. The sales volume increases by 30% and the price decreases by $0.50 per unit. c. The selling price...
1.What is the contribution margin per unit?
2.What is the contribution margin ratio?
3.What is the variable expense ratio?
4.If sales increase to 1,001 units, what would be the increase
in net operating income?
5.If sales decline to 900 units, what would be the net
operating income?
6.If the selling price increases by $2.50 per unit and the
sales volume decreases by 100 units, what would be the net
operating income?
7.If the variable cost per unit increases by $1.50,...
please answer all questions
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company B are identical except that Company A's costs are mostly variable whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain. 3. What is the meaning of operating leverage? 4. What is the meaning of break-even point?...
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company B are identical except that Company A's costs are mostly variable whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain. 3. What is the meaning of operating leverage? 4. What is the meaning of break-even point? Problem: Oslo Company prepared...
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company B are identical except that Company A's costs are mostly variable whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain. 3. What is the meaning of operating leverage? 4. What is the meaning of break-even point? Problem: Oslo Company prepared...
Miller Company's contribution format income statement for the most recent month is shown below: Total $ 320,000 200,000 Sales (40,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Per Unit $8.00 5.00 $3.00 120,000 49,000 $ 71,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 15%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units...
Miller Company's most recent contribution format income statement is shown below: Sales (32.000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $224,000 128,000 96,000 47,000 $ 49,000 Per Unit $7.00 4.00 $3.00 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): (Do not round intermediate calculations. Round your "Per unit" answers to 2 decimal places.) 1. The number of units sold increases by 12%. Per Unit Miller Company...
Miller Company’s contribution format income statement for the
most recent month is shown below:
Total
Per Unit
Sales (34,000 units)
$
340,000
$
10.00
Variable
expenses
238,000
7.00
Contribution
margin
102,000
$
3.00
Fixed
expenses
46,000
Net operating
income
$
56,000
Required:
(Consider each case independently):
1. What is the revised net operating income if unit sales
increase by 15%?
2. What is the revised net operating income if the selling price
decreases by $1.20 per unit and the number...
Miller Company's contribution format income statement for the most recent month is shown below: Sales (40,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 320,000 200,000 120,000 45,000 $ 75,000 Per Unit $ 8.00 5.00 $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 net operating income if the selling price decreases by $1.50 per unit and the number of...
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