Homework Answers
Calculate net operating income
| Sales (1250*26) | 32500 |
| Variable cost (1250*64) | -80000 |
| Contribution margin | -47500 |
| Fixed cost (7800+1000) | -8800 |
| Net operating income | -56300 |
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Required information [The following information applies to the questions displayed below) Oslo Company prepared the following...
! 15 Required information (The following information applies to the questions displayed below.) Oslo Company prepared...
! 15 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 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,250, and unit sales increase by 150...
[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 Pixed expenses Net operating income $ 40,000 26.000 14,000 8,680 $ 5,320 5. If sales decline to 900 units, what would be the net operating income? Net operating income [The following information applies to the questions displayed below.)...
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 $ 15,000 9,000 6,000 3,120 $ 2,880 7. If the variable cost per unit increases by $1. spending on advertising increases by $1,050, and unit sales increase by 110 units,...
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 $80,000 52,000 28,000 21,840 $ 6,160 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,700, and unit sales Increase by 240 units, what would...
! 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 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...
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 1000 units (the relevant range of production is 500 units to 1,500 units): $ 10,000 5.500 Sales Variable expenses Contribution margin Fixed expenses Net operating income 4,500 2.250 7. If the variable cost per unit increases by $1, spending on advertising increases by $1.000, and unit sales increase by 100 units, what would be...
(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...
! 15 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 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,250, and unit sales increase by 150...
[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 Pixed expenses Net operating income $ 40,000 26.000 14,000 8,680 $ 5,320 5. If sales decline to 900 units, what would be the net operating income? Net operating income [The following information applies to the questions displayed below.)...
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 $ 15,000 9,000 6,000 3,120 $ 2,880 7. If the variable cost per unit increases by $1. spending on advertising increases by $1,050, and unit sales increase by 110 units,...
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 $80,000 52,000 28,000 21,840 $ 6,160 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,700, and unit sales Increase by 240 units, what would...
! 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 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...
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 1000 units (the relevant range of production is 500 units to 1,500 units): $ 10,000 5.500 Sales Variable expenses Contribution margin Fixed expenses Net operating income 4,500 2.250 7. If the variable cost per unit increases by $1, spending on advertising increases by $1.000, and unit sales increase by 100 units, what would be...
(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...
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