Assume the sales are predicted to be 3309contribution margin is 1115 in a net loss of...
Homework Answers
Contribution margin ratio = contribution margin / sales = 1115 / 3309 = 33.70%
Fixed expense = Contribution margin + Net loss
= 1115 + 200 = 1315
Break even point in sales = Fixed expense / Contribution margin ratio
= 1315 / 0.3370 = 3903
Add Answer to:
Assume the sales are predicted to be 3309contribution margin is
1115 in a net loss of...
Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income...
Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $1,020,000 765,000 255,000 156,000 99,000 65,000 34,000 East $ 680,000 44000 136,000 58.000 $ 78,000 $340,000 221,000 119,000 98,000 $ 21.000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the East region. 3. Compute the break-even point in dollar sales for the West region. 4. Prepare a new segmented income statement...
Brockton has a contribution margin ratio of 20%. If the company's sales revenue is $1,000 greater...
Brockton has a contribution margin ratio of 20%. If the
company's sales revenue is $1,000 greater than their break-even
point in sales dollars, their net income:
Brockton has a contribution margin ratio of 20%. If the company's sales revenue is $1,000 greater than their break-even point in sales dollars, their net income: will be $1,000 another paradox! will be $200 will be $800
Sales (13,400 units Variable expenses Contribution margin Fixed expenses Net operating loss 160,800 107,200 119,200 $...
Sales (13,400 units Variable expenses Contribution margin Fixed expenses Net operating loss 160,800 107,200 119,200 $ (12,000) 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 $6,700 increase in the monthly advertising budget, combined with an intensified effort by the sales staff, will result in an $89,000 increase in monthly sales. If the president is right, what will be the increase (decrease in the company's monthly...
Problem 11-28 Determining the break-even point and preparing a contribution margin income statement LO 11-5 Ritchie...
Problem 11-28 Determining the break-even point and preparing a contribution margin income statement LO 11-5 Ritchie Manufacturing Company makes a product that it sells for $200 per unit. The company incurs variable manufacturing costs of $101 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $464,000, and fixed selling and administrative costs are $256,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: Use the equation method....
Last year Easton Corporation reported sales of $760,000, a contribution margin ratio of 20% and a...
Last year Easton Corporation reported sales of $760,000, a contribution margin ratio of 20% and a net loss of $28,000. Based on this information, the break-even point was: Multiple Choice $788,000 $1,040,000 $900,000 $620,000
15. Last year Dunson Corporation reported sales of $820,000, a contribution margin ratio of 40% and...
15. Last year Dunson Corporation reported sales of $820,000, a contribution margin ratio of 40% and a net loss of $14,000. Based on this information, the break-even point was: A. $855,000 B. $880,000 C. $744,000 D. $800,000
Compute break-even point in dollars , contribution margin ratio, target net income sales CUBS Inc....
Compute break-even point in dollars , contribution margin ratio, target net income sales CUBS Inc. produces widgets. The widgets are sold for $10.00 per unit to wholesalers. Unit variable cost are 70% of Sales. For the year 2019, management estimates the following revenues and costs. Sales $7,500,000 Bonuses 325,000 Manufacturing overhead -fixed 1,160,000 Rent 250,000 Selling expenses - fixed 300,000 Meals & Entertainment 175,000 SGA expenses - fixed 700,000 Travel Expenses 150,000 Instructions: (a) Compute the contribution margin ratio. ...
7 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000...
7 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 75,000 $ 18,000 Per Unit $20 14 $ 6 25 oints eBook Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $34,200? 3-b. Verify your answer...
Calculate Net sales, Gross profits from sales and gross profit margin and profit and loss and...
Calculate Net sales, Gross profits from sales and gross profit margin and profit and loss and Terms are: Sales Sales Discounts (5 %) $16,000 S $105,000 560 $418,000 Net sales Cost of goods sold Gross profit from sales 4,00 31,00 -320.00 215,00 -8.000-64.000 Gross profit margin ratio Gross profit/ Sales) x 100 Operating expenses ?9.000 . 31.000 -22.00? -261,000 106.000 rofit (loss) Quick Study 5-2
Last year Easton Corporation reported sales of $820,000, a contribution margin ratio of 20% and a...
Last year Easton Corporation reported sales of $820,000, a contribution margin ratio of 20% and a net loss of $34,000. Based on this information, the break-even point was Multiple Choice Ο $εεο000 O $60.000 Ο S854000 Ο 5900.000 < Prev 11 of 2018 Next >
Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $1,020,000 765,000 255,000 156,000 99,000 65,000 34,000 East $ 680,000 44000 136,000 58.000 $ 78,000 $340,000 221,000 119,000 98,000 $ 21.000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the East region. 3. Compute the break-even point in dollar sales for the West region. 4. Prepare a new segmented income statement...
Brockton has a contribution margin ratio of 20%. If the
company's sales revenue is $1,000 greater than their break-even
point in sales dollars, their net income:
Brockton has a contribution margin ratio of 20%. If the company's sales revenue is $1,000 greater than their break-even point in sales dollars, their net income: will be $1,000 another paradox! will be $200 will be $800
Sales (13,400 units Variable expenses Contribution margin Fixed expenses Net operating loss 160,800 107,200 119,200 $ (12,000) 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 $6,700 increase in the monthly advertising budget, combined with an intensified effort by the sales staff, will result in an $89,000 increase in monthly sales. If the president is right, what will be the increase (decrease in the company's monthly...
Last year Easton Corporation reported sales of $760,000, a contribution margin ratio of 20% and a net loss of $28,000. Based on this information, the break-even point was: Multiple Choice $788,000 $1,040,000 $900,000 $620,000
7 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 75,000 $ 18,000 Per Unit $20 14 $ 6 25 oints eBook Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $34,200? 3-b. Verify your answer...
Calculate Net sales, Gross profits from sales and gross profit margin and profit and loss and Terms are: Sales Sales Discounts (5 %) $16,000 S $105,000 560 $418,000 Net sales Cost of goods sold Gross profit from sales 4,00 31,00 -320.00 215,00 -8.000-64.000 Gross profit margin ratio Gross profit/ Sales) x 100 Operating expenses ?9.000 . 31.000 -22.00? -261,000 106.000 rofit (loss) Quick Study 5-2
Last year Easton Corporation reported sales of $820,000, a contribution margin ratio of 20% and a net loss of $34,000. Based on this information, the break-even point was Multiple Choice Ο $εεο000 O $60.000 Ο S854000 Ο 5900.000 < Prev 11 of 2018 Next >
Most questions answered within 3 hours.
-
The x component of the velocity of an object vibrating
along the x-axis obeys the equation...
asked 1 minute ago -
A junction box contains two trade size 2 raceways on the left
side, and two trade...
asked 34 minutes ago -
Atmospheric Mass
Venus and Earth have about the same mass and radius, but the
atmospheric pressure...
asked 1 hour ago -
5. Discuss the use of fault tree analysis (FTA) for risk
assessment (maximum one paragraph).
asked 2 hours ago -
Given that a sample of aluminium oxide has a Young's modulus of
393 GPa and a...
asked 3 hours ago -
At a certain temperature, the equilibrium constant, Kc, for this
reaction is 53.3.
H2(g)+I2(g)−⇀↽−2HI(g)Kc=53.3
At this...
asked 5 hours ago -
Question1 ) The STL provides similiar classes called stack and
queue, both of which gave functions...
asked 6 hours ago -
For Questions 1-4, assume you have 5 bits available:
1. For (positive) integers: What is the...
asked 6 hours ago -
convert grams into vloume with the density of water being at
.997514 g/cm^3 at 23.1 Celsuis...
asked 8 hours ago -
Foreman company obtained a $20,000, 6% loan on May 1, 2018.
Principal and interest will be...
asked 8 hours ago -
5. Problem 11.05 (Discounted Payback)
eBook
Project L costs $60,000, its expected cash inflows are $14,000
per...
asked 8 hours ago -
1. Which of the following is true about politics and health
organizations?
A. Health organizations are...
asked 9 hours ago