Homework Answers
Answer :5.3 Times
,Degree of operating Leverage = contribution Margin / Operating income = 7090/13300= 5.3Times
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MC Qu. 167 Morse Company reports total contribution... Morse Company reports total contribution margin of $70,490...
4 MC Qu. 167 Morse Company reports total contribution... 05 Morse Company reports total contribution margin...
4 MC Qu. 167 Morse Company reports total contribution... 05 Morse Company reports total contribution margin of $70,490 and pretax net.income of $13,300 for the current month. The degree of operating leverage is points 014042 Multiple Choice eBook 53 019 119 24
U YOu skipped this question in the previous attempt. Carver Packing Company reports total contribution margin...
U YOu skipped this question in the previous attempt. Carver Packing Company reports total contribution margin of $58,560 and pretax net income of $24.400 for the current month. In the next month, the company expects sales volume to increase by 5%. The degree of operating leverage and the expected percent change in income, respectively, are: Multiple Choice 0 042 and 5 o 0 24 and 5 o o O 0.42 and 223 25 and 135 o < Prev 23 of...
Carver Packing Company reports total contribution margin of $72.000 and pretax net income of $24,000 for...
Carver Packing Company reports total contribution margin of $72.000 and pretax net income of $24,000 for the current month. In the next month, the company expects sales volume to increase by 8%. The degree of operating leverage and the expected percent change in income, respectively, are: Multiple Choice O 3.0 and 8% 3.0 and 24% O 0.33 and 8% 0.33 and 2.7% O 4.0 and 32% Alvarez Company's break-even point in units is 1,700. The sales price per unit is...
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...
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...
TB MC Qu.5-92 (Static) The contribution margin ratio is: 3 The contribution margin ratio is: 15...
TB MC Qu.5-92 (Static) The contribution margin ratio is: 3 The contribution margin ratio is: 15 points Multiple Choice cBook the contribution margin stated as a percentage of sales. References the contribution margin stated as a percentage of profit. the contribution margin stated as a percentage of total costs. the contribution margin stated as a percentage of fixed costs.
MC Qu. 114 Maroon Company's contribution... Maroon Company's contribution margin ratio is 32%. Total fixed costs...
MC Qu. 114 Maroon Company's contribution... Maroon Company's contribution margin ratio is 32%. Total fixed costs are $124,800. What is Maroon's break-even point in sales dollars? Multiple Choice $39,936 $164736 $124,800 $225,264
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%....
MC Qu. 163 Flannigan Company manufactures and sells... Flannigan Company manufactures and sells a single product...
MC Qu. 163 Flannigan Company manufactures and sells... Flannigan Company manufactures and sells a single product that sells for $450 per unit: variable costs are $252. Annual fixed costs are $897,600. Current sale volume is $4,240,000. Flannigan Company management targets an annual pre-tax income of $1,165,000. Compute the unit sales to earn the target pre-tax net income. Multiple Choice 0 0 0 MC Qu. 114 Maroon Company's contribution... Maroon Company's contribution margin ratio is 32%. Total fixed costs are $124,800....
MC Qu. 3-30 A product has a contribution margin of... A product has a contribution margin...
MC Qu. 3-30 A product has a contribution margin of... A product has a contribution margin of $9 per unit and a selling price of $20 per unit. Fixed costs are $45,000. Assuming new technology increases the unit contribution margin by 60 percent but increases total fixed costs by $16,920, what is the new breakeven point in units? Multiple Choice 0 5,400 units 0 5,000 units 0 4,300 units C ) 5,940 units
4 MC Qu. 167 Morse Company reports total contribution... 05 Morse Company reports total contribution margin of $70,490 and pretax net.income of $13,300 for the current month. The degree of operating leverage is points 014042 Multiple Choice eBook 53 019 119 24
U YOu skipped this question in the previous attempt. Carver Packing Company reports total contribution margin of $58,560 and pretax net income of $24.400 for the current month. In the next month, the company expects sales volume to increase by 5%. The degree of operating leverage and the expected percent change in income, respectively, are: Multiple Choice 0 042 and 5 o 0 24 and 5 o o O 0.42 and 223 25 and 135 o < Prev 23 of...
Carver Packing Company reports total contribution margin of $72.000 and pretax net income of $24,000 for the current month. In the next month, the company expects sales volume to increase by 8%. The degree of operating leverage and the expected percent change in income, respectively, are: Multiple Choice O 3.0 and 8% 3.0 and 24% O 0.33 and 8% 0.33 and 2.7% O 4.0 and 32% Alvarez Company's break-even point in units is 1,700. The sales price per unit is...
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...
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...
TB MC Qu.5-92 (Static) The contribution margin ratio is: 3 The contribution margin ratio is: 15 points Multiple Choice cBook the contribution margin stated as a percentage of sales. References the contribution margin stated as a percentage of profit. the contribution margin stated as a percentage of total costs. the contribution margin stated as a percentage of fixed costs.
MC Qu. 114 Maroon Company's contribution... Maroon Company's contribution margin ratio is 32%. Total fixed costs are $124,800. What is Maroon's break-even point in sales dollars? Multiple Choice $39,936 $164736 $124,800 $225,264
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%....
MC Qu. 163 Flannigan Company manufactures and sells... Flannigan Company manufactures and sells a single product that sells for $450 per unit: variable costs are $252. Annual fixed costs are $897,600. Current sale volume is $4,240,000. Flannigan Company management targets an annual pre-tax income of $1,165,000. Compute the unit sales to earn the target pre-tax net income. Multiple Choice 0 0 0 MC Qu. 114 Maroon Company's contribution... Maroon Company's contribution margin ratio is 32%. Total fixed costs are $124,800....
MC Qu. 3-30 A product has a contribution margin of... A product has a contribution margin of $9 per unit and a selling price of $20 per unit. Fixed costs are $45,000. Assuming new technology increases the unit contribution margin by 60 percent but increases total fixed costs by $16,920, what is the new breakeven point in units? Multiple Choice 0 5,400 units 0 5,000 units 0 4,300 units C ) 5,940 units
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