Homework Answers
Jellico inc.
1a) Variable cost per unit = Variable cost / Units
= 70,20,000/450,000 = $ 15.6
1b) Contribution margin per unit = Contribution margin / units
= 46,80,000/450,000 = $ 10.4
1c) Contribution margin ratio = Contribution / sales
= 46,80,000/11,700,000 = 40%
1d) Break even point = fixed cost / contribution margin per unit
= 27,05,040/10.4 = 260,100 units
1e) Break even sales = Fixed cost / contribution margin ratio
= 27,05,040/40% = $ 67,62,600
2) units = (Fixed cost + Desired profit)/ contribution margin per unit
= (27,05,040+352,560)/10.4 = 294,000 units
3) additional income = (sales + 50,000)×contribution margin - fixed cost - net income
= 11,750,000×40% - 27,05,040 - 19,74,960 = $ 20,000
4) margin of safety :
Units = Total selling units - Break even sales units
= 450,000 - 260,100 = 189,900 units
Dollars = Total sales - Break even sales
= 11,700,000 - 67,62,600 = $ 49,37,400
5) Degree of operating leverage = Contribution/ net income
= 46,80,000/19,74,960 = 2.4
6) net income = contribution × 1.1 - fixed cost
= 4680,000 × 1.1 - 27,05,040
= $ 24,42,960
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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 $ 12,150,000 Total variable cost 7,654,500 Contribution margin $ 4,495,500 Total fixed cost 2,719,278 Operating income $ 1,776,222 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. $ 17.01 per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest cent. $ 9.99 per unit 1(c). Compute contribution margin ratio. 37.00 %...
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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...
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ACC 2302. IJUST NEED HELP WITH THE LAST PART 1. Ex.4-38.Algo Break-Even Units, Contribution Margin Ratio,...
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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 7,654,500 Contribution margin $ 4,495,500 Total fixed cost 2,719,278 Operating income $ 1,776,222 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. $ 17.01 per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest cent. $ 9.99 per unit 1(c). Compute contribution margin ratio. 37.00 %...
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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...
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...
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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...
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