Question

Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $156,000, total variable expenses were $124,800,
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Giren sales units - 31000 cenit w computation of contribution Margin Ratio Sales $156000 C$124600) o Varialue expenses con to

Add a comment
Know the answer?
Add Answer to:
Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $156,000, total variable expenses...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $298,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $298,000, total variable expenses were $223,500, and fixed expenses were $35,400. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,800? (Do not round intermediate calculations.) Contribution margin ratio Estimated change in net operating income

  • Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $314,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $314,000, total variable expenses were $229,220, and fixed expenses were $36,400. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,400? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income %

  • Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $293,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $293,000, total variable expenses were $210,960, and fixed expenses were $39,800. Required: 1. What is the company’s contribution margin (CM) ratio? 2. What is the estimated change in the company’s net operating income if it can increase total sales by $1,100? (Do not round intermediate calculations.) 1. Contribution margin ratio % 2. Estimated change in net operating income

  • Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $299,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $299,000, total variable expenses were $215,280, and fixed expenses were $35,300. Last month when Holiday Creations, Inc., sold 44,000 units, total sales were $299,000, total variable expenses were $215,280, and fixed expenses were $35,300. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,600? (Do not round intermediate...

  • Last month when Holiday Creations, Inc., sold 40,000 units, total sales were $291,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 40,000 units, total sales were $291,000, total variable expenses were $224,070, and fixed expenses were $39,000. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,400? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income

  • Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $292,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $292,000, total variable expenses were $219,000, and fixed expenses were $35,500. Required: 1. What is the company’s contribution margin (CM) ratio? 2. What is the estimated change in the company’s net operating income if it can increase total sales by $3,000? (Do not round intermediate calculations.)

  • Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $164,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 41,000 units, total sales were $164,000, total variable expenses were $126.280, and fixed expenses were $38,100. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase sales volume by 575 units and total sales by $2,300? (Do not round intermediate calculations.) Answer is complete but not entirely correct. 1 23 Contribution margin ratio Estimated change in net...

  • Last month when Holiday Creations, Inc., sold 45,000 units, total sales were $298,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 45,000 units, total sales were $298,000, total variable expenses were $223,500, and fixed expenses were $39,800 Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,100? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income

  • Last month when Holiday Creations, Inc., sold 38,000 units, total sales were $289,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 38,000 units, total sales were $289,000, total variable expenses were $216,750, and fixed expenses were $38,400. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,000? (Do not round intermediate calculations.) 1. Contribution margin ratio Estimated change in net operating income

  • Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $299,000, total variable expenses...

    Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $299,000, total variable expenses were $248,170, and fixed expenses were $38.800. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,500? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT