Homework Answers
answer: $1380
| $ | |
| sales (1110*$15) | 16650 |
| variable expenses (1110*10) | 11100 |
| contribution margin | 5550 |
| fixed expenses (3120+1050) | 4170 |
| net operating income | 1380 |
selling price per unit=$15000/1000 units=$15 per unit
sales increase by 110 units
new sales units =1000 units + 110 units=1110 units
sales=1110 units * $15=$16650
variable cost per unit=$9000/1000 units=$9 per unit
variable cost per unit increase by $1
new variable cost per unit =$9+$1=$10
therefore variable expenses=1110 units * $10=$11100
contribution margin=$16650-$11100=$5550
fixed expense was $3120 additional advertising cost increases by $1050 which is also a fixed cost
new fixed expense=$3120+$1050=$4170
net operating income=contribution margin-fixed expenses
net operating income=$5550-$4170=$1380
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