Homework Answers
As per HOMEWORKLIB POLICY please post one question at a time. The first question is answered below:
| Correct option is: C. 55% | ||
| Workings: | ||
| Contribution margin ratio | = | Total Contribution / Total Sales |
| = | $275000 / $500000 | |
| = | 55% | |
Add Answer to:
Consider the following information: Sales (5,000 units) Less: Variable expenses Contribution Margin Less: Fixed expenses Net...
The following is Arcadia Corporation's contribution month: 1400000 Sales Variable expenses 1,050,000 Contribution margin 350,0000 Fixed...
The following is Arcadia Corporation's contribution month: 1400000 Sales Variable expenses 1,050,000 Contribution margin 350,0000 Fixed costs Net income 175000 175000 The compan during moamo beginning or ending inventories,produced, and sold 20,000 units the month. Required: (30 POINTs) a. What is the company's contribution margin ratio and per unit? b. What is the company's break-even in units? pany have to sell to attain a target profit of $125,000? d. What is the company's margin of safety in dollars? f Arcadia...
Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $360,000 225,000 135,000...
Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $360,000 225,000 135,000 40,000 $ 95,000 Per Unit $8.00 5.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 13%? 2. What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 15%? 3. What is the revised net operating income if the...
Zeta Corp's most recent income statement is given below. Sales (8,000 units) Less variable expenses Contribution...
Zeta Corp's most recent income statement is given below. Sales (8,000 units) Less variable expenses Contribution margin Less fixed expenses Net income $160,000 (68,000) 92,000 (50,000) $ 42,000 Required: a. Contribution margin % per unit is b. If sales are doubled to $240,000, total variable costs will equal C. If sales are doubled to $240,000, total fixed costs will equal d. If 20 more units are sold, profits will increase to
c) Hanna's income statement is as follows: Sales (10,000 units) Less variable costs Contribution margin Less...
c) Hanna's income statement is as follows: Sales (10,000 units) Less variable costs Contribution margin Less fixed costs Net income $175,000 - 68,000 $107.000 - 36.000 $ 71.000 If sales decrease by $35,000, profits will (Points 2.0): d) Hanna's income statement is as follows: Sales (10,000 units) Less variable costs Contribution margin Less fixed costs Net income $117,000 - 68,000 $49,000 - 36.000 $ 13,000 What is the break-even point in units and in sales dollars? (Points 1.0): e) Using...
Sales Variable expenses Contribution margin Fixed expenses Net income Tingler $298,000 150,900 147,100 121,380 $25,720 Shocker...
Sales Variable expenses Contribution margin Fixed expenses Net income Tingler $298,000 150,900 147,100 121,380 $25,720 Shocker $502,000 206,400 295,600 234,920 $60,680 Stunner $200,000 136,900 63,100 96,600 $(33,500) Fixed expenses consist of $310,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $29,000 (Tingler), $79,300 (Shocker), and $34,600 (Stunner). The common costs will be incurred regardless of how many models are produced. The direct fixed expenses would...
Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 76,800...
Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 76,800 $ 16,200 Per Unit $ 20 14 $ 6 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 by preparing a...
The following is Alsatian Corporation’s contribution format income statement from last month: Sales(2000 units x $70) $140,000 Less: Variable Costs 84,000 Contribution Margin 56,000 Less: Fixed Expenses 24,000 Operating In
The following is Alsatian Corporation’s contribution format income statement from last month: Sales(2000 units x $70) $140,000 Less: Variable Costs 84,000Contribution Margin 56,000Less: Fixed Expenses 24,000Operating Income $32,000The company has no beginning or ending inventories and produced and sold 2,000 units during the month. Required:A/ What is the company’s break-even sales in $(2) B/ If the sales volume increases by 10% and variable costs/unit decreases by $2.00, what will the new operating income be? Produce a...
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...
Sales Variable expenses $ 26,000 14,000 Contribution margin Fixed expenses 12,000 7,800 $ 4,200 Net operating...
Sales Variable expenses $ 26,000 14,000 Contribution margin Fixed expenses 12,000 7,800 $ 4,200 Net operating income 12 What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage
Help S Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $60,000 42,000...
Help S Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $60,000 42,000 18,000 13,200 $ 4,800 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 20% increase in sales is closest to: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 5.33% o 1609 75.00% o 250.00% The magnitude of operating leverage for RBG Corporation is 26 when sales are $180,000 and net income is...
The following is Arcadia Corporation's contribution month: 1400000 Sales Variable expenses 1,050,000 Contribution margin 350,0000 Fixed costs Net income 175000 175000 The compan during moamo beginning or ending inventories,produced, and sold 20,000 units the month. Required: (30 POINTs) a. What is the company's contribution margin ratio and per unit? b. What is the company's break-even in units? pany have to sell to attain a target profit of $125,000? d. What is the company's margin of safety in dollars? f Arcadia...
Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $360,000 225,000 135,000 40,000 $ 95,000 Per Unit $8.00 5.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 13%? 2. What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 15%? 3. What is the revised net operating income if the...
Zeta Corp's most recent income statement is given below. Sales (8,000 units) Less variable expenses Contribution margin Less fixed expenses Net income $160,000 (68,000) 92,000 (50,000) $ 42,000 Required: a. Contribution margin % per unit is b. If sales are doubled to $240,000, total variable costs will equal C. If sales are doubled to $240,000, total fixed costs will equal d. If 20 more units are sold, profits will increase to
c) Hanna's income statement is as follows: Sales (10,000 units) Less variable costs Contribution margin Less fixed costs Net income $175,000 - 68,000 $107.000 - 36.000 $ 71.000 If sales decrease by $35,000, profits will (Points 2.0): d) Hanna's income statement is as follows: Sales (10,000 units) Less variable costs Contribution margin Less fixed costs Net income $117,000 - 68,000 $49,000 - 36.000 $ 13,000 What is the break-even point in units and in sales dollars? (Points 1.0): e) Using...
Sales Variable expenses Contribution margin Fixed expenses Net income Tingler $298,000 150,900 147,100 121,380 $25,720 Shocker $502,000 206,400 295,600 234,920 $60,680 Stunner $200,000 136,900 63,100 96,600 $(33,500) Fixed expenses consist of $310,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $29,000 (Tingler), $79,300 (Shocker), and $34,600 (Stunner). The common costs will be incurred regardless of how many models are produced. The direct fixed expenses would...
Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 76,800 $ 16,200 Per Unit $ 20 14 $ 6 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 by preparing a...
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...
Sales Variable expenses $ 26,000 14,000 Contribution margin Fixed expenses 12,000 7,800 $ 4,200 Net operating income 12 What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage
Help S Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $60,000 42,000 18,000 13,200 $ 4,800 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 20% increase in sales is closest to: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 5.33% o 1609 75.00% o 250.00% The magnitude of operating leverage for RBG Corporation is 26 when sales are $180,000 and net income is...
Most questions answered within 3 hours.
-
Oxidative phosphorylation is achieved through chemiosmotic
coupling, which turns chemical energy into osmotic potential energy
that...
asked 50 minutes ago -
Hollywood Shoes would like to maintain their cash account at a
minimum level of $64,000, but...
asked 49 minutes ago -
Proteins CtrA-P, DnaA, and GcrA behave similarly to what
molecule in the Eukaryotic Cell Cycle?
asked 53 minutes ago -
TRUE OR FALSE
In case of a competitive tender procedure, in the request for
quotation, the...
asked 1 hour ago -
I am a little behind please provide some explanation, will
provide thumbs up.
This question considers...
asked 1 hour ago -
Let say the utility function as U(X,Y) = lnX + Y. Show that the
marginal rate...
asked 1 hour ago -
A current of I=8.0A is flowing in a typical extension cord of
length L=3.00m. The cord...
asked 1 hour ago -
1. When balancing the equation H2SO4 (aq) + NaOH (aq) →
Na2SO4(aq) + H2O(aq), would you...
asked 1 hour ago -
Provide a definition of “classification hierarchy” and
illustrate your definition with an example of how and...
asked 1 hour ago -
1. Describe the four main green solvents. Provide one example of
the use of each solvent....
asked 1 hour ago -
International ethics focus on:
1) exploitation of labor
2)corruption
3) environmental impact
4) none of the...
asked 1 hour ago -
Costing Models You work for XYZ trucking and your boss has asked
you to figure out...
asked 1 hour ago