5. Contribution margin per unit = Total Contribution margin/Sales = 63,000/3,000 = 21 Option A |
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6. Contribution margin ratio = (147,000-86,730)/147,000 = 41% Breakeven sales = Fixed cost/CM ratio = 44,000/41% = 107,317 Option D |
. Coultrap Corporation has provided the following contribution format income statement. Assume that the following in...
5) Cassius Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (7,000 units) Variable expenses Contribution margin Fixed expenses Net operating income 210,000 136,500 73,500 67,200 6,300 The number of units that must be sold to achieve a target profit of $31,500 is closest to 3) Thomason Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. $ Sales (1,000...
Stockmaster Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (8,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $320,000 192,000 128,000 121,600 $ 6,400 The margin of safety in dollars is closest to: Multiple Choice $6,400 $16,000 $121,600
Thomason Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units) $40,000 Variable expenses 30,000 Contribution margin 10,000 Fixed expenses 7,000 3,000 Net operating income If the variable cost per unit increases by $1, spending on advertising increases by $2,000, and unit sales increase by 50 units, the net operating income would be closest to:
por 18) Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (4,000 units) Variable expenses Contribution margin Fixed expenses Net operating income 240,000 156,000 84,000 81,900 2,100 The break-even point in dollar sales is closest to: A) $234,000 B) $237,900 C) $156,000 D) $0
Sjostrom Corporation has provided the following contribution format income statement. Assume that the following information i Sales (7,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $280,000 182,000 98,000 84,000 $ 14,000 points If the variable cost per unit increases by $10, spending on advertising increases by $1,500, and unit sales increase by 15,800 un closest to: Choice O $5,700 $91,200 $114,100 ) $12,500
3) Thomason Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units) Variable expenses Contribution margin Fixed expenses Net operating income 40,000 30,000 10,000 7,000 3,000 If the variable cost per unit increases by $1, spending on advertising increases by $2,000, and unit sales increase by 50 units, the net operating income would be closest to:
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. Sales (4.800 units) Variable expenses 124,800 52.800 Contribution margin Fixed expenses 72.000 45,600 Net operating income S 26.400 If the company sells 4.900 units. Its total contribution margin should be closest to: O $26.950 O $72.000 O $73.500 O $74,600
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. Sales (3,800 units) $ 95,000 Variable expenses 38,000 Contribution margin 57,000 Fixed expenses 43,600 Net operating income $ 13,400 If the company sells 3,900 units, its total contribution margin should be closest to: $13,753 $57,000 $58,500 $59,500
L3 Enterprises, Inc. has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (4,000 units) $ 240,000 Variable expenses 156,000 Contribution margin 84,000 Fixed expenses 81,900 Net operating income $ 2,100 The break-even point in dollar sales is closest to: $156,000 $0 $237,900 $234,000
O’Hare Corporation has provided its contribution format income statement for January. The company produces and sells a single product. Sales (2,900 units) 269,700 Variable Expenses 107,300 CM 162,400 Fixed Expenses 137,100 Net Operating Income 25,300 If the company sells 3,100 units, its total contribution margin should be closest to: A. $27,045 B. $181,000 C. $162,400 D. $173,600 McKillop Inc. produces and sells a single product. The company has provided its contribution format income statement for May. Sales (4,500 units)...