Homework Answers
| Case 1 | Case 2 | Case 3 | |||
| 10000 Units | Per Unit | 10100 Units | 9800 Units | 9000 Units | |
| Sales | 700000 | 70 | 707000 | 686000 | 630000 |
| Less: Variable Costs | 400000 | 40 | 404000 | 392000 | 360000 |
| Contribution | 300000 | 30 | 303000 | 294000 | 270000 |
| Less: Fixed Costs | 270000 | 270000 | 270000 | 270000 | |
| Net Income | 30000 | 33000 | 24000 | 0 |
9000 Units of sales is break even sale. At this point there is no gain no loss.
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C- The following information relate to Nour Company: Total sales $700,000 (10,000 units) - Total Variable...
C- The following information relate to Nour Company: Total sales $700,000 (10,000 units) - Total Variable...
C- The following information relate to Nour Company: Total sales $700,000 (10,000 units) - Total Variable costs $400,000 - Total fixed costs $270,000 Required: (Consider each case separately): 1. If the sales increase by 100 units, what would be the revised net income? 2. If the sales decrease by 200 units, what would be the revised net income? 3. If the sales volume is 9,000 units, what would be the revised net income? In this case, what this sales volume...
C- The following information relate to Nour Company: Total sales $700,000 (10,000 units) - Total Variable...
C- The following information relate to Nour Company: Total sales $700,000 (10,000 units) - Total Variable costs $400,000 – Total fixed costs $270,000 Required: (Consider each case separately): 1. If the sales increase by 100 units, what would be the revised net income? 2. If the sales decrease by 200 units, what would be the revised net income? 3. If the sales volume is 9,000 units, what would be the revised net income? In this case, what this sales volume...
Whirly Corporation's contribution format Income statement for the most recent month is shown below. Sales (10,000...
Whirly Corporation's contribution format Income statement for the most recent month is shown below. Sales (10,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 350,000 200,000 150,000 135,000 $ 15,000 Per Unit $35.00 20.00 $15.00 Required: (Consider each case independently): 1. What would be the revised net operating Income per month of the sales volume Increases by 100 units? 2. What would be the revised net operating Income per month if the sales volume decreases by...
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs...
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for the most recent month is shown below. Per Unit $10.00 Sales (33.000 nits) Variable expenses Contribution margin Fixed expenses perating con Required: (Consider each case independently 1 What is the revised net operating income funit sales increase by 10%? 2 What is the revised net operating income of the selling price decreases by $150 per...
Whirly Corporation's contribution format income statement for the most recent month is shown below: Total Sales...
Whirly Corporation's contribution format income statement for the most recent month is shown below: Total Sales (8,800 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 290,400 167,200 123,200 55,500 $ 67,700 Per Unit $ 33.00 19.00 $ 14.00 Required (Consider each case independently) 1. What would be the revised net operating income per month if the sales volume increases by 100 units? 2. What would be the revised net operating income per month if the sales volume...
Exercise 2-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed...
Exercise 2-13 (Algo) Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO2-1, LO2-4] Miller Company’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (32,000 units) $ 320,000 $ 10.00 Variable expenses 224,000 7.00 Contribution margin 96,000 $ 3.00 Fixed expenses 50,000 Net operating income $ 46,000 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 19%? 2....
Whirly Corporation's contribution format income statement for the most recent month is shown below: points Sales...
Whirly Corporation's contribution format income statement for the most recent month is shown below: points Sales (10,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 350,000 200,000 150,000 135,000 $ 15,000 Per Unit $35.00 20.00 $15.00 Skipped eBook Hint Required: (Consider each case independently): Print References 1. What would be the revised net operating income per month if the sales volume increases by 100 units? 2. What would be the revised net operating income per month...
Exercise 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs...
Exercise 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (31,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $186,000 93,000 93,000 44,000 $ 49,000 Per Unit $6.00 3.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised...
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed...
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5.4) Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $10.00 Sales (30,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 380,000 210,000 90,000 47,eee $ 43,000 $ 3.ee Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 13%? 2. What is...
Consider the following information $2,500,000 900,000 1,600,000 700,000 900,000 200,000 700,000 210,000 490,000 Sales Variable costs...
Consider the following information $2,500,000 900,000 1,600,000 700,000 900,000 200,000 700,000 210,000 490,000 Sales Variable costs Revenue before fixed costs Fixed costs EBIT Interest expense Earnings before taxes Taxes (30%) Net income What is the break-even point in sales dollars for the firm? (do not round up/down your answer)
C- The following information relate to Nour Company: Total sales $700,000 (10,000 units) - Total Variable costs $400,000 - Total fixed costs $270,000 Required: (Consider each case separately): 1. If the sales increase by 100 units, what would be the revised net income? 2. If the sales decrease by 200 units, what would be the revised net income? 3. If the sales volume is 9,000 units, what would be the revised net income? In this case, what this sales volume...
C- The following information relate to Nour Company: Total sales $700,000 (10,000 units) - Total Variable costs $400,000 – Total fixed costs $270,000 Required: (Consider each case separately): 1. If the sales increase by 100 units, what would be the revised net income? 2. If the sales decrease by 200 units, what would be the revised net income? 3. If the sales volume is 9,000 units, what would be the revised net income? In this case, what this sales volume...
Whirly Corporation's contribution format Income statement for the most recent month is shown below. Sales (10,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 350,000 200,000 150,000 135,000 $ 15,000 Per Unit $35.00 20.00 $15.00 Required: (Consider each case independently): 1. What would be the revised net operating Income per month of the sales volume Increases by 100 units? 2. What would be the revised net operating Income per month if the sales volume decreases by...
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for the most recent month is shown below. Per Unit $10.00 Sales (33.000 nits) Variable expenses Contribution margin Fixed expenses perating con Required: (Consider each case independently 1 What is the revised net operating income funit sales increase by 10%? 2 What is the revised net operating income of the selling price decreases by $150 per...
Whirly Corporation's contribution format income statement for the most recent month is shown below: Total Sales (8,800 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 290,400 167,200 123,200 55,500 $ 67,700 Per Unit $ 33.00 19.00 $ 14.00 Required (Consider each case independently) 1. What would be the revised net operating income per month if the sales volume increases by 100 units? 2. What would be the revised net operating income per month if the sales volume...
Whirly Corporation's contribution format income statement for the most recent month is shown below: points Sales (10,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 350,000 200,000 150,000 135,000 $ 15,000 Per Unit $35.00 20.00 $15.00 Skipped eBook Hint Required: (Consider each case independently): Print References 1. What would be the revised net operating income per month if the sales volume increases by 100 units? 2. What would be the revised net operating income per month...
Exercise 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (31,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $186,000 93,000 93,000 44,000 $ 49,000 Per Unit $6.00 3.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised...
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5.4) Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $10.00 Sales (30,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 380,000 210,000 90,000 47,eee $ 43,000 $ 3.ee Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 13%? 2. What is...
Consider the following information $2,500,000 900,000 1,600,000 700,000 900,000 200,000 700,000 210,000 490,000 Sales Variable costs Revenue before fixed costs Fixed costs EBIT Interest expense Earnings before taxes Taxes (30%) Net income What is the break-even point in sales dollars for the firm? (do not round up/down your answer)
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