Increase in sales | 80000 | |
X Contribution margin ratio | 30% | =175500/585000 |
Increase in Contribution margin | 24000 | |
Less: Advertising expense | 16000 | |
Increase in net operating income | 8000 | |
My answer is wrong Due to erratic sales of its sole product-a high-capacity battery for laptop...
Check my work Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: points Skipped Sales (13,480 units x $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 492,00 201, eee 201, eee 223,589 $ (22,500) eBook Print References Required: 1. Compute the company's CM ratio and its break-even point...
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below. Sales (12,600 units x $20 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss 5 252,000 151,200 100, see 112.800 (12.000) Required: 1. Compute the company's CM ratio and its break even point in unit sales and dollar sales. 2. The president...
Due to erratic sales of its sole product a high-capacity battery for laptop computers PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below. S585.000 Sales (19,500 units * $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss 409,500 175,500 180,000 $ (4,500) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales 2. The president...
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,000 units * $20 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 260,000 130,000 130,000 145,000 $ (15,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes...
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below. Sales (12,800 units $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 384,000 192,000 192,000 214,500 $ (22,500) Required: 1. Compute the company's CM ratio and its break even point in unit sales and dollar sales. 2. The president believes...
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,100 units X $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 393,000 196,500 196,500 219,000 $ (22,500) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes...
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below. Sales (13,300 units R$30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $399.000 199.500 199500 222.000 (22.500) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes that a $6.400...
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: points (8 03:40:59 Sales (12,900 units * $20 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 258,000 154,800 103,200 115,200 $ (12,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2....
Due to erratic sales of its sole product a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below. Sales (19,500 units * $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 585,000 409,500 175,500 180,000 $ 4,500) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales 2. The president...
Due to erratic sales of its sole product-a high-capacity battery for laptop computers- PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,300 units X. $399,000 $30 per unit) Variable expenses 239,400 Contribution margin 159,600 Fixed expenses 177,600 Net operating loss $ (18,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes...