Homework Answers
5) Net operating income
| Sales (900*40) | 36000 |
| Variable cost (900*26) | 23400 |
| Contribution margin | 12600 |
| Fixed cost | 8680 |
| Net income | 3920 |
6) Net operating income
| Sales (900*42) | 37800 |
| Variable cost (900*26) | 23400 |
| Contribution margin | 14400 |
| Fixed cost | 8680 |
| Net income | 5720 |
7) Net operating income
| Sales (1160*40) | 46400 |
| Variable cost (1160*27) | 31320 |
| Contribution margin | 15080 |
| Fixed cost | 9980 |
| Net income | 5100 |
8) Break even unit = 8680/14 = 620 Units
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[The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format...
(The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format...
(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 $ 40,000 26,000 14.000 8.680 $ 5,320 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit Required information [The following information applies...
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...
[The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format...
[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 $ 55,000 Variable expenses 33,000 Contribution margin 22,000 Fixed expenses 14,960 Net operating income $ 7,040 6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?
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 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 $ 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...
! 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...
! 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.) 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 9,200 7,452 Contribution margin Fixed expenses Net operating income $ 1,748 7. If the variable cost per unit increases by $.90, spending on advertising increases by $1,400, and unit sales increase by 250 units, what...
(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 $ 40,000 26,000 14.000 8.680 $ 5,320 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit Required information [The following information applies...
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 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 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 $ 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 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 $ 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.) 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 9,200 7,452 Contribution margin Fixed expenses Net operating income $ 1,748 7. If the variable cost per unit increases by $.90, spending on advertising increases by $1,400, and unit sales increase by 250 units, what...
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