Contribution margin ratio=Contribution margin/Sales
Contribution margin=(302,000*16%)=48320
Hence net operating income=Contribution margin-Fixed expenses
=48320-45500
=$2820.
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 $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
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
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 $51,000. 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 $144,000? Multiple Choice Ο Ο 586,400 Ο Ο 58, Ο 535,400 Ο Ο $93,000 Serfass Corporation's contribution format Income statement for July appears below. Sales $369,000 Variable expenses 147, 600 Contribution margin 221,400 Fixed expenses 55, 350 Net operating income...
Creswell Corporation's fixed monthly expenses are $28 500 and its contribution margin ratio is 63% Assuming that the wed monthly expenses do not change what is the best estimate of the company's net operating income in a month when sales are $89,000? Multiple Choice o О илоо С o арто o O saьто o S60,soo
12. Bumpass Corporation's contribution margin ratio is 77% and its fixed monthly expenses are $ 46,000. Assume that the company's sales for May are expected to be $ 105,000. Required: Estimate the company's net operating income for May, assuming that the fixed monthly expenses do not change. (Omit the "$" sign in your response.) Net operating income $
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
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 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?