Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales...
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Total $ 314,000 219,800 Per Unit $ 20 14 $ 6 Contribution margin Fixed expenses 94,200 78,000 Net operating income $ 16, 200 3-a. How many units would have to be sold each month to earn a target profit of $34,800? Use the formula method. Units sold 18,800 3-b. Verify your answer by preparing a contribution format income statement at the target...
Menlo Company distributes a single product. The company’s sales and expenses for last month follow: Total Per Unit Sales $ 318,000 $ 20 Variable expenses 222,600 14 Contribution margin 95,400 $ 6 Fixed expenses 76,200 Net operating income $ 19,200 . What is the monthly break-even point in unit sales and in dollar sales? Break even point in unit sales ? units Break even point is sales dollars ? 2. Without resorting to computations, what is...
Menlo Company distributes a single product. The company’s sales and expenses for last month follow: Total Per Unit Sales $ 318,000 $ 20 Variable expenses 222,600 14 Contribution margin 95,400 $ 6 Fixed expenses 76,200 Net operating income $ 19,200 . What is the monthly break-even point in unit sales and in dollar sales? Break even point in unit sales ? units Break even point is sales dollars ? 2. Without resorting to computations, what is...
Menlo Company distributes a single product. The company's sales and expenses for last month follow. Per Unit $20 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 314,000 219.800 94,200 75.600 $ 18.600 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...
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total Per Unit $ 612,000 Sales Variable expenses $ 40 428,400 28 Contribution margin $ 12 183,600 Fixed expenses 151,200 Net operating income 32,400 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? Break-even point in unit sales units Break-even point in sales dollars 2. Without resorting to computations, what is the total contribution margin at the break-even point?...
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 314,000 219,800 94,200 75,000 $ 19, 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...
Menlo Company distributes a single product. The company's sales and expenses for last month follow Per Unit S 20 14 Total Sales Variable expenses $318,000 222,600 Contribution margin Fixed expenses 95,400 76,800 Net operating income $ 18,600 Required: 1. What is the montnly break-even point in unit sales and in dollar sales? Break-even point in unit sales Break-even point in sales dollars units 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How...
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 624,000 436,800 187,200 145,200 $ 42,000 Per Unit $ 40 28 $ 12 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...
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per Unit $ 40 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 608,888 425,600 182,400 146,400 $ 36,000 S. 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...
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Required: 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 $29,400? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level.4. Refer to the original data. Compute...