Selling price per unit = $60,000 / 1,000 = $60
Variable expenses per unit = $39,000 / 1,000 = $39
New variable expenses per unit = $39 + $1 = $40
New fixed expenses = $14,700 + $1,500
= $16,200
New sales in units = 1,000 + 200
= 1,200
New operating income = Sales - Variable expenses - Fixed expenses
= (1,200 * $60) - (1,200 * $40) - $16,200
= $7,800
Accounting Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, L06-6, L06-7, LO6-8) (The following information...
Accounting Required information The Foundational 15 (L06-1, LO6-3, L06-4, LO6-5, LO$ 6, LO6-7, L06-8] [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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-6 6. If the selling price increases by $2 per unit...
Accounting Required information The Foundational 15 (L06-1, LO6-3, LO6-4, LO6-5, L06-6, LO6-7, LO6-8) (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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-8 8. What is the break-even point in unit sales? Break-even point...
Accounting Required information The Foundational 15 (L06-1, LO6-3, LO6-4, L06-5, LO6-6, LO6-7, L06-8) (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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-9 9. What is the break-even point in dollar sales? Break-even point
Accounting Required information The Foundational 15 (LO6-1, LO6-3, L06-4, LO6-5, L06-6, LO6-7, LO6-8) [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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-10 10. How many units must be sold to achieve a target...
Please help me I am about to go crazy. Required information The Foundational 15 (L06-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, L06-8) 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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-5 5. If sales...
Required information The Foundational 15 (L06-1, LO6-3, L06-4, LO6-5, LO6-6, LO6-7, LO6-8) (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 $ 25,000 17,500 7,500 4,200 $ 3,300 Foundational 6-1 Required: 1. What is the contribution margin per unit? (Round your answer...
Required information The Foundational 15 (LO6-1, LO6-3, L06-4, L06-5, L06-6, LO6-7, LO6-8] [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. Tiet operating income $ 90,000 49,500 40.500 33.210 $ 7,200 Foundational 6-2 2. What is the contribution margin ratio? Contribution marginatio Required information The...
! Required information The Foundational 15 (LO6-1, LO6-3, L06-4, LO6-5, L06-6, LO6-7, LO6-8) (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 $ 25,000 17,500 7,500 4,200 $ 3,300 Foundational 6-8 8. What is the break-even point in unit sales? Break-even point...
The Foundational 15 (LO6-1, LO6-3, L06-4, LO6-5, LO6-6, LO 6-7, L06-8] [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): 5 Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 15,000 9,000 6,000 3,120 $ 2,880 Foundational 6-6 6. If the selling price increases by $2 per unit and the...
15 Required information The Foundational 15 (LO6-1, L06-3, L06-4, LO6-5, LO6-6, LO6-7, LO6-8) 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 $ 25,000 17,500 7,500 4,200 $ 3,300 5 Foundational 6-8 8. What is the break even point in unit sales?...