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Homework Answers
Contribution margin ratio = $35,000 / $100,000 = 35%
Breakeven sales = $30,100 / $35% = $86,000
11.
Margin of safety in dollars = $100,000 - $86,000 = $14,000
Margin of safety percentage = $14,000 / $100,000 = 14%
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Required information (The following information applies to the questions displayed below.] Oslo Company prepared the following...
Required information [The following information applies to the questions displayed below.] Part 4 of 15 Oslo...
Required information [The following information applies to the questions displayed below.] Part 4 of 15 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): 8 01:21:46 Skipped Sales Variable expenses Contribution margin Fixed expenses Net operating income $100,000 65,000 35,000 30,100 $ 4,900 eBook Print 4. If sales increase to 1,001 units, what would be the increase in net operating income?...
! Required information (The following information applies to the questions displayed below.) Oslo Company prepared the...
! Required information (The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 35,000 21,000 14,000 8,400 $ 5,600 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of...
Required Information The following information applies to the questions displayed below. Oslo Company prepared the following...
Required Information The following information applies to the questions displayed below. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $80,000 52,000 28,000 21,840 $ 6,160 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of safety percentage
Required information [The following information applies to the questions displayed below.) Oslo Company prepared the following...
Required information [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses $ 21,800 12,600 Contribution margin Fixed expenses 9,200 7,452 Net operating income $ 1,748 4.If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.) Increase in...
Required information The following information applies to the questions displayed below Oslo Company prepared the following...
Required information The following information applies to the questions displayed below Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses $ 15,000 9,000 6,000 3,120 $ 2,880 Net operating income 9. What is the break-even point in dollar sales? Required information The following information applies to the questions displayed below. Oslo Company prepared the...
Required information (The following information applies to the questions displayed below.] Oslo Company prepared the following...
Required information (The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 65,000 45,500 19,500 14,840 $ 5,460 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,550, and unit sales increase by 210 units, what...
! Required information [The following information applies to the questions displayed below.) Oslo Company prepared the...
! Required information [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 35,000 21,000 14,000 8,400 $ 5,600 9. What is the break-even point in dollar sales? Break-even point Required information (The following information applies to the questions displayed below.] Oslo...
Required information The following information applies to the questions displayed below.) Part 2 of 15 Oslo...
Required information The following information applies to the questions displayed below.) Part 2 of 15 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): points Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 65,000 45,500 19,500 14,040 $ 5,460 Skloped 2. What is the contribution margin ratio? Contribution margin ratio % Required information The following information applies to...
! Required information [The following information applies to the questions displayed below.] Oslo Company prepared the...
! Required information [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 35,000 21,000 14,000 8,400 $ 5,600 5. If sales decline to 900 units, what would be the net operating income? Net operating income ! Required information [The following information...
Required information The following information applies to the questions displayed below.) Oslo Company prepared the following...
Required information The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses 15,000 9,000 6, 000 3,120 2,880 Net operating income 2. What is the contribution margin ratio? in ratio Required information The following information applies to the questions displayed below] Oslo Company prepared the following...
Required information [The following information applies to the questions displayed below.] Part 4 of 15 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): 8 01:21:46 Skipped Sales Variable expenses Contribution margin Fixed expenses Net operating income $100,000 65,000 35,000 30,100 $ 4,900 eBook Print 4. If sales increase to 1,001 units, what would be the increase in net operating income?...
! Required information (The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 35,000 21,000 14,000 8,400 $ 5,600 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of...
Required Information The following information applies to the questions displayed below. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $80,000 52,000 28,000 21,840 $ 6,160 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of safety percentage
Required information [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses $ 21,800 12,600 Contribution margin Fixed expenses 9,200 7,452 Net operating income $ 1,748 4.If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.) Increase in...
Required information The following information applies to the questions displayed below Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses $ 15,000 9,000 6,000 3,120 $ 2,880 Net operating income 9. What is the break-even point in dollar sales? Required information The following information applies to the questions displayed below. Oslo Company prepared the...
Required information (The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 65,000 45,500 19,500 14,840 $ 5,460 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,550, and unit sales increase by 210 units, what...
! Required information [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 35,000 21,000 14,000 8,400 $ 5,600 9. What is the break-even point in dollar sales? Break-even point Required information (The following information applies to the questions displayed below.] Oslo...
Required information The following information applies to the questions displayed below.) Part 2 of 15 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): points Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 65,000 45,500 19,500 14,040 $ 5,460 Skloped 2. What is the contribution margin ratio? Contribution margin ratio % Required information The following information applies to...
! Required information [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 35,000 21,000 14,000 8,400 $ 5,600 5. If sales decline to 900 units, what would be the net operating income? Net operating income ! Required information [The following information...
Required information The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses 15,000 9,000 6, 000 3,120 2,880 Net operating income 2. What is the contribution margin ratio? in ratio Required information The following information applies to the questions displayed below] Oslo Company prepared the following...
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