Please calculate operating income for 500,000 and 1,050,000
( 1,050,000 is part 2 of the question which is not shown )
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Please calculate operating income for 500,000 and 1,050,000
( 1,050,000 is part 2 of the question...
E7-26A (similar to) 18 Question Help Gary's Steel Parts produces parts for the automobile industry. The...
E7-26A (similar to) 18 Question Help Gary's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $620,000 and a contribution margin of 85% of revenues. Gary feels like he's in a giant squeeze play: The automotive manufacturers are demanding lower prices, and the steel producers have increased raw material costs. Gary's contribution margin has shrunk to 55% of revenues. The company's monthly operating income, prior to these pressures, was $272,500. Read the requirements. Requirement...
Grover's Steel Parts produces parts for the automobile industry. The company has monthly foxed expenses of...
Grover's Steel Parts produces parts for the automobile industry. The company has monthly foxed expenses of $650,000 and a contribution margin of 70% of revenues Read the requirements 0 Requirements Requirement 1. Compute Grover's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula ( Fixed expenses – Operating income Contribution margin ratio - Breakeven sales Compute Grover's Steel Parts monthly breakeven sales in dollars. (Round your answer up to the nearest whole number) The breakeven sales in...
Gordon's Steel Parts produces parts for the automobile industry. The company has monthly fixed costs of...
Gordon's Steel Parts produces parts for the automobile industry. The company has monthly fixed costs of $652,500 and a contribution margin of 90% of revenues. 1. Compute Gordon's monthly breakeven sales in dollars. Use the contribution margin ratio approach. 2 Use contribution margin income statements to compute Gordon's monthly operating income or operating loss if revenues are $510,000 and if they are $1,030,000. 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement...
Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of...
Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $640,000 and a contribution margin of 90% of revenues. Read the requirements. Requirement 1. Compute Roger's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula. ( Fixed expenses + Operating income ) Contribution margin ratio = Breakeven sales in dollars Compute Roger's Steel Parts' monthly breakeven sales in dollars. (Round your answer up to the nearest whole number.) The breakeven sales...
Jule. UUIU PIS тоот (ОСОпрее) с hW Slule. U70, U UI 12 pts O E7-25A (similar...
Jule. UUIU PIS тоот (ОСОпрее) с hW Slule. U70, U UI 12 pts O E7-25A (similar to) Question Help Griffin's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $650,000 and a contribution margin of 85% of revenues. Read the requirements. Requirement 1. Compute Griffin's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula. 1 = Breakeven sales in dollars i Requirements 1. Compute Griffin's Steel Parts' monthly breakeven sales in...
Revenues $ 500,000 250,000 250,000 $ Cost of goods sold (all variable costs) Gross margin Operating...
Revenues $ 500,000 250,000 250,000 $ Cost of goods sold (all variable costs) Gross margin Operating costs: Salaries fixed Sales commissions (9% of sales) Depreciation on equipment and fixtures Store rent ($4,500 per month) Other operating costs 190,000 45,000 14,000 54,000 50,000 353,000 $ (103,000) Operating income (loss) Neylon Men's Clothing's revenues and cost data for 2017 are as follows: Click the icon to view the data.) Mr. Neylon, the owner of the store, is unhappy with the operating results....
Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of...
Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $640,000 and a contribution margin of 70% of revenues Roger feels like he's in a giant squeeze play: The automotive manufacturers are demanding lower prices, and the steel producers have increased raw material costs. Roger's contribution margin has shrunk to 40% of revenues. The company's monthly operating income, prior to these pressures, was $102,000. Read the requirements. Requirement 1. To maintain this same level...
4-26 Last year, Jasper Company earned operating income of $22,500 with a contribution margin 14uo!OVlE! Round...
4-26
Last year, Jasper Company earned operating income of $22,500 with a contribution margin 14uo!OVlE! Round answer to 3. four decimal places) ratio of 0.25. Actual revenue was $235,000. Calculate the total fixed cost. ramie Company has variable cost ratio of 0.56. The fixed cost is $103,840 and 23,600 units are sold at bution margin per unit? breakeven. What is the price? What is the variable cost per unit? The contri- Exercise 4-26 Contribution Margin Ratio, Variable Cost Ratio, Break-Even...
Shown here is an income statement in the traditional format for a firm with a sales volume of 18,...
Shown here is an income statement in the traditional format for a firm with a sales volume of 18,000 units $234,000 63,700 $170,300 Revenues Cost of goods sold ($11,500+$2.90/unit) Gross profit Operating expenses 20,300 12,100 $137,900 Selling ($2,300+$1.00/unit) Administration ($4,900+ $0.40/unit) Operating income Required: a. Prepare an income statement in the contribution margin format Contribution Margin Income Statement Variable expenses Total variable expenses Fixed expenses Total fixed expenses b. Calculate the contribution margin per unit and the contribution margin ratio....
2. Operating loss is 18.000 TL when sales revenue is 420.000 TL and operating income is...
2. Operating loss is 18.000 TL when sales revenue is 420.000 TL and operating income is 108.000 TL when sales revenue is 840.000 TL. Required: By using information above, calculate: 25 points a) Total fixed costs b) BEP in TL. c) Contribution margin ratio. d) Unit contribution margin if selling price is 300 TL per unit. e) Operating profit when company sells 3,000 units (selling price is 300 TL per unit), f) Sales revenue to earn 144.000 TL operating profit.
E7-26A (similar to) 18 Question Help Gary's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $620,000 and a contribution margin of 85% of revenues. Gary feels like he's in a giant squeeze play: The automotive manufacturers are demanding lower prices, and the steel producers have increased raw material costs. Gary's contribution margin has shrunk to 55% of revenues. The company's monthly operating income, prior to these pressures, was $272,500. Read the requirements. Requirement...
Grover's Steel Parts produces parts for the automobile industry. The company has monthly foxed expenses of $650,000 and a contribution margin of 70% of revenues Read the requirements 0 Requirements Requirement 1. Compute Grover's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula ( Fixed expenses – Operating income Contribution margin ratio - Breakeven sales Compute Grover's Steel Parts monthly breakeven sales in dollars. (Round your answer up to the nearest whole number) The breakeven sales in...
Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $640,000 and a contribution margin of 90% of revenues. Read the requirements. Requirement 1. Compute Roger's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula. ( Fixed expenses + Operating income ) Contribution margin ratio = Breakeven sales in dollars Compute Roger's Steel Parts' monthly breakeven sales in dollars. (Round your answer up to the nearest whole number.) The breakeven sales...
Jule. UUIU PIS тоот (ОСОпрее) с hW Slule. U70, U UI 12 pts O E7-25A (similar to) Question Help Griffin's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $650,000 and a contribution margin of 85% of revenues. Read the requirements. Requirement 1. Compute Griffin's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula. 1 = Breakeven sales in dollars i Requirements 1. Compute Griffin's Steel Parts' monthly breakeven sales in...
Revenues $ 500,000 250,000 250,000 $ Cost of goods sold (all variable costs) Gross margin Operating costs: Salaries fixed Sales commissions (9% of sales) Depreciation on equipment and fixtures Store rent ($4,500 per month) Other operating costs 190,000 45,000 14,000 54,000 50,000 353,000 $ (103,000) Operating income (loss) Neylon Men's Clothing's revenues and cost data for 2017 are as follows: Click the icon to view the data.) Mr. Neylon, the owner of the store, is unhappy with the operating results....
Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $640,000 and a contribution margin of 70% of revenues Roger feels like he's in a giant squeeze play: The automotive manufacturers are demanding lower prices, and the steel producers have increased raw material costs. Roger's contribution margin has shrunk to 40% of revenues. The company's monthly operating income, prior to these pressures, was $102,000. Read the requirements. Requirement 1. To maintain this same level...
4-26
Last year, Jasper Company earned operating income of $22,500 with a contribution margin 14uo!OVlE! Round answer to 3. four decimal places) ratio of 0.25. Actual revenue was $235,000. Calculate the total fixed cost. ramie Company has variable cost ratio of 0.56. The fixed cost is $103,840 and 23,600 units are sold at bution margin per unit? breakeven. What is the price? What is the variable cost per unit? The contri- Exercise 4-26 Contribution Margin Ratio, Variable Cost Ratio, Break-Even...
Shown here is an income statement in the traditional format for a firm with a sales volume of 18,000 units $234,000 63,700 $170,300 Revenues Cost of goods sold ($11,500+$2.90/unit) Gross profit Operating expenses 20,300 12,100 $137,900 Selling ($2,300+$1.00/unit) Administration ($4,900+ $0.40/unit) Operating income Required: a. Prepare an income statement in the contribution margin format Contribution Margin Income Statement Variable expenses Total variable expenses Fixed expenses Total fixed expenses b. Calculate the contribution margin per unit and the contribution margin ratio....
2. Operating loss is 18.000 TL when sales revenue is 420.000 TL and operating income is 108.000 TL when sales revenue is 840.000 TL. Required: By using information above, calculate: 25 points a) Total fixed costs b) BEP in TL. c) Contribution margin ratio. d) Unit contribution margin if selling price is 300 TL per unit. e) Operating profit when company sells 3,000 units (selling price is 300 TL per unit), f) Sales revenue to earn 144.000 TL operating profit.
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