Homework Answers
| Sales Revenue | $ 1,46,700 |
| Variable Expenses | $ 76,596 |
| Contribution Margin | $ 70,104 |
| Fixed Expenses | $ 25,000 |
| Net Operating Income | $ 45,104 |
1) Products Net Operating Income = $45104
2) Contribution margin per unit = $70104 / 100 = $701.04
3) Contribution Margin percent = Contribution Margin / Sales
Revenue
= $70104/146700 = 47.79%
4) Units to be sold for Break Even = Fixed COsts / Contribution
margin per unit
= $25000/701.04 = 36 units
5) Units to be sold for $30000 Income = (Fixed COsts+Target
Income) / Contribution margin per unit
= ($25000+30000)/701.04 = 79 units
6) Net Income = $45104 x (1-0.30) = $31573
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