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degree of operating income need to round to one decimal place
note : answer for question 6 is calculated based on the operating leverage , if you need any further assistance please use comment box
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Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is...
Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is...
Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $ 11,700,000 Total variable cost 7,020,000 Contribution margin $ 4,680,000 Total fixed cost 2,705,040 Operating income $ 1,974,960 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest cent. S per unit 1(c). Compute contribution margin ratio. 96 1(d). Compute break-even point...
Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s...
Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $ 12,150,000 Total variable cost 7,533,000 Contribution margin $ 4,617,000 Total fixed cost 2,437,776 Operating income $ 2,179,224 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. $per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest...
ACC 2302 1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of...
ACC 2302
1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: 2. Ex.4-39.Algo Total 3. Pr.4-40.Algo Sales $ 12,150,000 7,290,000 Total variable cost Contribution margin $ 4,860,000 Total fixed cost 2,865,240 Operating income $ 1,994,760 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. per unit $ (b). Compute contribution...
ACC 2302 JUST THE LAST PART. 1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin...
ACC 2302 JUST THE LAST PART.
1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: 2. Ex.4-39.Algo Total 3. Pr.4-40.Algo Sales $ 12,150,000 7,290,000 Total variable cost Contribution margin $ 4,860,000 Total fixed cost 2,865,240 Operating income $ 1,994,760 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. $ 16.2...
ACC 2302. IJUST NEED HELP WITH THE LAST PART 1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio,...
ACC 2302. IJUST NEED HELP WITH THE LAST PART
1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: 2. Ex.4-39.Algo Total 3. Pr.4-40.Algo Sales $ 12,150,000 7,290,000 Total variable cost Contribution margin $ 4,860,000 Total fixed cost 2,865,240 Operating income $ 1,994,760 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest...
Break Even Units, Contribution Margin Ratio, Multiple Product Breakeven, Margin of Safety, Degree of Operating Leverage...
Break Even Units, Contribution Margin Ratio, Multiple Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $9,000,000 Total variable cost 6,030,000 Contribution margin $ 2,970,000 Total fixed cost 1.898,820 Operating income $ 1,071,180 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. S per unit 1(b), Compute contribution margin per unit. Enter your answer to...
Martin Company's projected profit for the coming year is as follows: Total Per Unit Sales $300,000...
Martin Company's projected profit for the coming year is as follows: Total Per Unit Sales $300,000 $30 Total Variable Cost 200,000 20 Contribution Margin $100,000 $10 Total Fixed Cost 80,000 Operating Income $20,000 Compute the variable cost ratio (round to 4 decimal places). Compute the contribution margin ratio (round to 4 decimal places). Compute the break-even point in units. Compute the break-even point in sales dollars. How many units must be sold to earn a profit of $50,000? For the...
ABC Company projected the following operating income for the coming year: Units sold 385,000 $ Sales...
ABC Company projected the following operating income for the coming year: Units sold 385,000 $ Sales revenue Variable expenses Contribution margin Fixed expenses Operating income 9,240,000 7,392,000 1,848,000 1,663,200 184,800 a) b) Como $ 330,000 Compute break-even points in sales dollars. Compute the number of units to be sold to earn operating income of: Compute the additional income the company would earn if sales were to increase by $ 55,000 more than expected. Ignore g) above, based on the sales...
2. Cutlass Company's projected profit for the coming year is as follows: Total Per Unit Sales...
2. Cutlass Company's projected profit for the coming year is as follows: Total Per Unit Sales $200,000 $20 Total variable cost 120,000 Contribution margin 80,000 8 Total fixed cost 64,000 Contribution margin $16,000 Required (40 marks): a. Compute the variable cost ratio. Compute the contribution margin ratio. b. Compute the break-even point in units. c. Compute the break-even point in sales dollars. d. How many units must be sold to earn a profit of $30,000? e. Using the contribution margin...
Jordan Company produces a single product. The projected income statement for the coming month, based on...
Jordan Company produces a single product. The projected income statement for the coming month, based on sales of 20,000 units is: Sales $200,000 Less: Variable costs 140,000 Contribution margin $ 60,000 Less: Fixed costs 45,000 Operating income $ 15,000 Instructions: 1. Compute the unit contribution margin and the number of units that must be sold to break even. Suppose that 3,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the...
Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $ 11,700,000 Total variable cost 7,020,000 Contribution margin $ 4,680,000 Total fixed cost 2,705,040 Operating income $ 1,974,960 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest cent. S per unit 1(c). Compute contribution margin ratio. 96 1(d). Compute break-even point...
ACC 2302
1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: 2. Ex.4-39.Algo Total 3. Pr.4-40.Algo Sales $ 12,150,000 7,290,000 Total variable cost Contribution margin $ 4,860,000 Total fixed cost 2,865,240 Operating income $ 1,994,760 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. per unit $ (b). Compute contribution...
ACC 2302 JUST THE LAST PART.
1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: 2. Ex.4-39.Algo Total 3. Pr.4-40.Algo Sales $ 12,150,000 7,290,000 Total variable cost Contribution margin $ 4,860,000 Total fixed cost 2,865,240 Operating income $ 1,994,760 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. $ 16.2...
ACC 2302. IJUST NEED HELP WITH THE LAST PART
1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: 2. Ex.4-39.Algo Total 3. Pr.4-40.Algo Sales $ 12,150,000 7,290,000 Total variable cost Contribution margin $ 4,860,000 Total fixed cost 2,865,240 Operating income $ 1,994,760 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest...
Break Even Units, Contribution Margin Ratio, Multiple Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $9,000,000 Total variable cost 6,030,000 Contribution margin $ 2,970,000 Total fixed cost 1.898,820 Operating income $ 1,071,180 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. S per unit 1(b), Compute contribution margin per unit. Enter your answer to...
ABC Company projected the following operating income for the coming year: Units sold 385,000 $ Sales revenue Variable expenses Contribution margin Fixed expenses Operating income 9,240,000 7,392,000 1,848,000 1,663,200 184,800 a) b) Como $ 330,000 Compute break-even points in sales dollars. Compute the number of units to be sold to earn operating income of: Compute the additional income the company would earn if sales were to increase by $ 55,000 more than expected. Ignore g) above, based on the sales...
2. Cutlass Company's projected profit for the coming year is as follows: Total Per Unit Sales $200,000 $20 Total variable cost 120,000 Contribution margin 80,000 8 Total fixed cost 64,000 Contribution margin $16,000 Required (40 marks): a. Compute the variable cost ratio. Compute the contribution margin ratio. b. Compute the break-even point in units. c. Compute the break-even point in sales dollars. d. How many units must be sold to earn a profit of $30,000? e. Using the contribution margin...
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