Tucker Co. reports the following data: Sales $832,000 Variable costs 540,800 Contribution margin $291,200 Fixed costs...
Tucker Co. reports the following data:
| Sales | $832,000 | |
| Variable costs | 540,800 | |
| Contribution margin | $291,200 | |
| Fixed costs | 234,100 | |
| Income from operations | $57,100 |
Determine Tucker Company's operating leverage. Round your answer to one decimal place.
Homework Answers
operating leverage=Contribution margin/Income from operations
=291,200/57,100
which is equal to
=5.1(Approx).
Add Answer to:
Tucker Co. reports the following data:
Sales
$832,000
Variable costs
540,800
Contribution margin
$291,200
Fixed costs...
Tucker Co. reports the following data: Sales $761,100 Variable costs 433,800 Contribution margin $327,300 Fixed costs...
Tucker Co. reports the following data: Sales $761,100 Variable costs 433,800 Contribution margin $327,300 Fixed costs 256,100 Income from operations $71,200 Determine Tucker Company's operating leverage. Round your answer to one decimal place.
1. Operating Leverage Tucker Co. reports the following data: Sales $775,800 Variable costs (512,000) Contribution margin...
1. Operating Leverage Tucker Co. reports the following data: Sales $775,800 Variable costs (512,000) Contribution margin $263,800 Fixed costs (169,600) Operating income $94,200 Determine Tucker Co.’s operating leverage. Round your answer to one decimal place. 2. Margin of Safety The Spector Company has sales of $890,000, and the break-even point in sales dollars is $640,800. Determine the Spector company's margin of safety as a percent of current sales.
21- 2 Practice Exercises Operating Leverage Tucker Co. reports the following data: Sales $916,900 Variable costs...
21- 2 Practice Exercises Operating Leverage Tucker Co. reports the following data: Sales $916,900 Variable costs 596,000 Contribution margin $320,900 Fixed costs 213,900 Income from operations $107,000 Determine Tucker Company's operating leverage. Round your answer to one decimal place.
Operating Leverage Snellville Co. reports the following data: Sales $688,500 Variable costs 406,200 Contribution margin $282,300...
Operating Leverage Snellville Co. reports the following data: Sales $688,500 Variable costs 406,200 Contribution margin $282,300 Fixed costs 223,500 Income from operations $58,800 Determine Snellville Company's operating leverage. Round your answer to one decimal place.
1. Cartersville Co. reports the following data: Sales $561,500 Variable costs (308,800) Contribution margin $252,700 Fixed...
1. Cartersville Co. reports the following data: Sales $561,500 Variable costs (308,800) Contribution margin $252,700 Fixed costs (191,100) Operating income $61,600 Determine Cartersville Co.’s operating leverage. Round your answer to one decimal place. 2. The Ira Company has sales of $680,000, and the break-even point in sales dollars is $496,400. Determine the Ira company's margin of safety as a percent of current sales. %
Operating Leverage Cartersville Co. reports the following data: Sales $575,500 Variable costs (310,800) Contribution margin $264,700...
Operating Leverage Cartersville Co. reports the following data: Sales $575,500 Variable costs (310,800) Contribution margin $264,700 Fixed costs (203,100) Operating income $61,600 Determine Cartersville Co.’s operating leverage. Round your answer to one decimal place.
Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement...
Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,800 units at $289 each) Variable costs (9,800 units at $210 each) Contribution margin Fixed costs E Pretax income $2,520,000 1,890,000 $ 630,000 420,000 $ 210,000 1. Compute the company's degree of operating leverage for 2019. 2. If sales decrease by 6% in 2020, what will be the company's pretax income? 3. Assume sales for 2020 decrease...
Margin of Safety The Ira Company has sales of $740,000, and the break-even point in sales...
Margin of Safety The Ira Company has sales of $740,000, and the break-even point in sales dollars is $562,400. Determine the company's margin of safety as a percent of current sales. 24 0% Operating Leverage Cartersville Co. reports the following data: Sales $405,200 251,200 Variable costs Contribution margin $154,000 Fixed costs 117,300 $36,700 Income from operations Determine Cartersville Company's operating leverage. Round your answer to one decimal place. 4.2
Hudson Co. reports the contribution margin income statement for 2017 HUDSON CO. Contribution Margin Income Stat...
Hudson Co. reports the contribution margin income statement for 2017 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (8,200 units at $240 each) Variable costs (8,200 units at $180 each) Contribution margin Fixed costs Pretax income $1,968,000 1,476,000 $ 492,000 369,000 $ 123,000 1. Compute the company's degree of operating leverage for 2017 2. If sales decrease by 5% in 2018, what will be the company's pretax income? 3. Assume sales for 2018 decrease by...
Hudson Co. reports the contribution margin income statement for 2017 WDSON CO. Contribution Margin Ton Statement...
Hudson Co. reports the contribution margin income statement for 2017 WDSON CO. Contribution Margin Ton Statement Por Year Ended December 31, 2017 Sales (11,000 units at $175 each) Variable coat (11,000 wita at $140 sach) Contribution megin Tixed costa Pretax income $1,925,000 1,540,000 $385,000 315,000 $ 70,000 1. Compute the company's degree of operating leverage for 2017 2. If sales decrease by 4% in 2018, what will be the company's pretax income? 3. Assume sales for 2018 decrease by 4%....
21- 2 Practice Exercises Operating Leverage Tucker Co. reports the following data: Sales $916,900 Variable costs 596,000 Contribution margin $320,900 Fixed costs 213,900 Income from operations $107,000 Determine Tucker Company's operating leverage. Round your answer to one decimal place.
Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,800 units at $289 each) Variable costs (9,800 units at $210 each) Contribution margin Fixed costs E Pretax income $2,520,000 1,890,000 $ 630,000 420,000 $ 210,000 1. Compute the company's degree of operating leverage for 2019. 2. If sales decrease by 6% in 2020, what will be the company's pretax income? 3. Assume sales for 2020 decrease...
Margin of Safety The Ira Company has sales of $740,000, and the break-even point in sales dollars is $562,400. Determine the company's margin of safety as a percent of current sales. 24 0% Operating Leverage Cartersville Co. reports the following data: Sales $405,200 251,200 Variable costs Contribution margin $154,000 Fixed costs 117,300 $36,700 Income from operations Determine Cartersville Company's operating leverage. Round your answer to one decimal place. 4.2
Hudson Co. reports the contribution margin income statement for 2017 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (8,200 units at $240 each) Variable costs (8,200 units at $180 each) Contribution margin Fixed costs Pretax income $1,968,000 1,476,000 $ 492,000 369,000 $ 123,000 1. Compute the company's degree of operating leverage for 2017 2. If sales decrease by 5% in 2018, what will be the company's pretax income? 3. Assume sales for 2018 decrease by...
Hudson Co. reports the contribution margin income statement for 2017 WDSON CO. Contribution Margin Ton Statement Por Year Ended December 31, 2017 Sales (11,000 units at $175 each) Variable coat (11,000 wita at $140 sach) Contribution megin Tixed costa Pretax income $1,925,000 1,540,000 $385,000 315,000 $ 70,000 1. Compute the company's degree of operating leverage for 2017 2. If sales decrease by 4% in 2018, what will be the company's pretax income? 3. Assume sales for 2018 decrease by 4%....
Most questions answered within 3 hours.
-
A finite potential well has depth U0 = 2.78 eV . What is the
penetration distance...
asked 12 minutes ago -
1. The bus bars of a power station are in two sections A and B
separated...
asked 11 minutes ago -
Fiscal policy is the deliberate manipulation of taxes and
government spending to alter GDP, employment, inflation...
asked 1 hour ago -
evaluating an expression using only one digit and + and - as
operators ....3+5-1+7-5+8
-----------------------
stack...
asked 1 hour ago -
Two concentric current loops lie in the same plane. The smaller
loop has a radius of...
asked 1 hour ago -
1)Which of the following is an
important difference between qualified and nonqualified retirement
plans?
a. Qualified...
asked 1 hour ago -
What's the streaming business's problem on the
horizon?
asked 2 hours ago -
I need help with writing the conclusion for this online lab
report
Abstract
By testing the...
asked 2 hours ago -
For the reaction 1N2+3H2-----> 2NH3, would the reaction rate
trend be: delta[NH3]/ delta t = -2...
asked 3 hours ago -
Within your current/past organization, identify a problem/issue
and format a design to address same. You may...
asked 3 hours ago -
A sock stuck to the side of a clothes-dryer barrel has a
centripetal acceleration of 24...
asked 4 hours ago -
A perfect gas undergoes an isentropic process such that its
volume doubles. If the ratio of...
asked 4 hours ago