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If a firm's variable costs are 40% of sales and sales increase by $60,000 this month...
Assume the following information: Per Unit $ 40 16 Amount $300,000 120,000 180,000 60,000 $120,000 Sales...
Assume the following information: Per Unit $ 40 16 Amount $300,000 120,000 180,000 60,000 $120,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income $24 If unit sales increase by 14%, then the best of estimate of the new net operating income is: (Do not round your intermediate calculations.) Multiple Choice $148,000. O $145,200 $112.800. < Preo 5 of 10 BON Neyt If unit sales increase by 14%, then the best of estimate of the new net operating income...
(d) Assume that variable costs increase to 45% of the current sales price and fixed costs...
(d) Assume that variable costs increase to 45% of the current sales price and fixed costs increase by $12,000 per month. If Sunland were to raise its sales price 10% to cover these new costs, but the number of blankets sold were to drop by 6%, what would be the new annual operating income? (Round sales price to 2 decimal places, eg. 52.75 and final answer to decimal places, eg. 5,275.) The new annual operating income Toython 3 of 4...
Question 1: Special order Sales volume in units 90 Revenue $6,300 Variable costs $900 Contribution margin...
Question 1: Special order Sales volume in units 90 Revenue $6,300 Variable costs $900 Contribution margin $5,400 Fixed costs $1,600 Profit $18 Special order: A client wants to buy 10 units at a discounted price of $30 per unit. This is a one-time deal (l.e., a short-term decision). You have enough spare capacity to fulfill this special order without cutting back on your regular sales. a) Use the gross approach to decide whether you should take the special order: status...
assume that variable cost increase to 45% of the current sales price and fix costs increase...
assume that variable cost increase to 45% of the current sales
price and fix costs increase by $12,000 per month. If Sunland were
to raise its sales price 10% to cover these new costs, but the
number of blankets sold were to drop by 6% what would be the new
annual operating income?
h 3: Homework Question 3 of 4 4.17/5.25 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium blankets that have been monogrammed with...
Help S Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $60,000 42,000...
Help S Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $60,000 42,000 18,000 13,200 $ 4,800 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 20% increase in sales is closest to: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 5.33% o 1609 75.00% o 250.00% The magnitude of operating leverage for RBG Corporation is 26 when sales are $180,000 and net income is...
Question 1 ABC Company estimates the following data for the coming month Total variable costs $60,000.00...
Question 1 ABC Company estimates the following data for the coming month Total variable costs $60,000.00 Income tax rate 40% Contribution margin percentage 50% Required net income $6,000.00 Find the estimated operating income for the coming month. a $2,500 b. $3,500 c. $8,000 d. Between $9,000 and $10,001 . $ 3 S Question 11 In general what are the assumptions of accepting special orders? a. That provide both qualitative and quantitative reasoning of special offer b. That provide only qualitative...
Spring Company’s cost structure is dominated by variable costs with a contribution margin ratio of 0.40...
Spring Company’s cost structure is dominated by variable costs with a contribution margin ratio of 0.40 and fixed costs of $88,500. Every dollar of sales contributes 40 cents toward fixed costs and profit. The cost structure of a competitor, Winters Company, is dominated by fixed costs with a higher contribution margin ratio of 0.70 and fixed costs of $265,500. Every dollar of sales contributes 70 cents toward fixed costs and profit. Both companies have sales of $590,000 per month. Required:...
Multiple Choice Question 96 A division sold 280000 calculators during 2020: Sales $2800000 Variable costs: $532000...
Multiple Choice Question 96 A division sold 280000 calculators during 2020: Sales $2800000 Variable costs: $532000 210000 Materials Order processing Billing labor Selling expenses Total variable costs 154000 84000 980000 Fixed costs 1000000 How much is the unit contribution margin? $1.00 O $3.50 $7.07 O $6.50
Multiple Choice Question 96 A division sold 370000 calculators during 2020: $3700000 Sales Variable costs: $703000...
Multiple Choice Question 96 A division sold 370000 calculators during 2020: $3700000 Sales Variable costs: $703000 Materials Order processing Billing labor Selling expenses Total variable costs 277500 203500 111000 1295000 Fixed costs 1000000 How much is the unit contribution margin? $1.00 $3.50 O $6.20 $6.50
ABC Company estimates the following data for the coming month Total variable costs ?5??? 40,000.00 Income...
ABC Company estimates the following data for the coming month Total variable costs ?5??? 40,000.00 Income tax rate 40% Contribution margin percentage 50% Estimated net income $6,000.00 Find the estimated operating income for the coming month. a. Between 0 and $20,000.00 b. Between $20,000.00 and $40,000.00 c. Between $40,001.00 and $60,000.00 d. Between $60,000 and 80,001.00 ABC Company estimates the following data for the coming month Total variable costs 2577240 000.00 Income tax rate 40% Contribution margin percentage 50% Estimated...
Assume the following information: Per Unit $ 40 16 Amount $300,000 120,000 180,000 60,000 $120,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income $24 If unit sales increase by 14%, then the best of estimate of the new net operating income is: (Do not round your intermediate calculations.) Multiple Choice $148,000. O $145,200 $112.800. < Preo 5 of 10 BON Neyt If unit sales increase by 14%, then the best of estimate of the new net operating income...
(d) Assume that variable costs increase to 45% of the current sales price and fixed costs increase by $12,000 per month. If Sunland were to raise its sales price 10% to cover these new costs, but the number of blankets sold were to drop by 6%, what would be the new annual operating income? (Round sales price to 2 decimal places, eg. 52.75 and final answer to decimal places, eg. 5,275.) The new annual operating income Toython 3 of 4...
Question 1: Special order Sales volume in units 90 Revenue $6,300 Variable costs $900 Contribution margin $5,400 Fixed costs $1,600 Profit $18 Special order: A client wants to buy 10 units at a discounted price of $30 per unit. This is a one-time deal (l.e., a short-term decision). You have enough spare capacity to fulfill this special order without cutting back on your regular sales. a) Use the gross approach to decide whether you should take the special order: status...
assume that variable cost increase to 45% of the current sales
price and fix costs increase by $12,000 per month. If Sunland were
to raise its sales price 10% to cover these new costs, but the
number of blankets sold were to drop by 6% what would be the new
annual operating income?
h 3: Homework Question 3 of 4 4.17/5.25 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium blankets that have been monogrammed with...
Help S Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $60,000 42,000 18,000 13,200 $ 4,800 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 20% increase in sales is closest to: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 5.33% o 1609 75.00% o 250.00% The magnitude of operating leverage for RBG Corporation is 26 when sales are $180,000 and net income is...
Question 1 ABC Company estimates the following data for the coming month Total variable costs $60,000.00 Income tax rate 40% Contribution margin percentage 50% Required net income $6,000.00 Find the estimated operating income for the coming month. a $2,500 b. $3,500 c. $8,000 d. Between $9,000 and $10,001 . $ 3 S Question 11 In general what are the assumptions of accepting special orders? a. That provide both qualitative and quantitative reasoning of special offer b. That provide only qualitative...
Multiple Choice Question 96 A division sold 280000 calculators during 2020: Sales $2800000 Variable costs: $532000 210000 Materials Order processing Billing labor Selling expenses Total variable costs 154000 84000 980000 Fixed costs 1000000 How much is the unit contribution margin? $1.00 O $3.50 $7.07 O $6.50
Multiple Choice Question 96 A division sold 370000 calculators during 2020: $3700000 Sales Variable costs: $703000 Materials Order processing Billing labor Selling expenses Total variable costs 277500 203500 111000 1295000 Fixed costs 1000000 How much is the unit contribution margin? $1.00 $3.50 O $6.20 $6.50
ABC Company estimates the following data for the coming month Total variable costs ?5??? 40,000.00 Income tax rate 40% Contribution margin percentage 50% Estimated net income $6,000.00 Find the estimated operating income for the coming month. a. Between 0 and $20,000.00 b. Between $20,000.00 and $40,000.00 c. Between $40,001.00 and $60,000.00 d. Between $60,000 and 80,001.00 ABC Company estimates the following data for the coming month Total variable costs 2577240 000.00 Income tax rate 40% Contribution margin percentage 50% Estimated...
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