Dartmount Corporation has provided its contribution format income statement for June. The company produces and sells...
Dartmount Corporation
has provided its contribution format income statement for June. The
company produces and sells a single product.
| Sales (2,900 units) | $ | 269,700 |
| Variable costs | 107,300 | |
| Contribution margin | 162,400 | |
| Fixed costs | 137,100 | |
| Operating profit | $ | 25,300 |
If the company sells 3,100 units, its total contribution margin
should be closest to:
$27,045.
$181,000.
$162,400.
$173,600.
Homework Answers
D. $173,600
Contribution margin per unit = $162,400 / 2,900 units = $56 per unit
Total contribution margin @ 3,100 units = $56 per unit * 3,100 units = $173,600
Add Answer to:
Dartmount Corporation
has provided its contribution format income statement for June. The
company produces and sells...
O’Hare Corporation has provided its contribution format income statement for January. The company produces and sells...
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)...
Dartmount Corporation has provided its contribution format income statement for June. The company produces a Sales...
Dartmount Corporation has provided its contribution format income statement for June. The company produces a Sales (3,300 units) Variable costs Contribution margin Fixed costs Operating profit $297,000 122,100 174,900 135,500 $ 39,400 If the company sells 3,500 units, its total contribution margin should be closest to: 0 $41,788. $192,900. $174,900 $185,500. O ormat income statement for June. The company produces and sells a single product. gin should be closest to:
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a sing...
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (5,100 units) Variable expenses Contribution margin Fixed expenses Net operating income $163,200 71,400 91,800 46,200 $ 45,600 If the company sells 5,200 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice O $95,000 O $93,600 O $46,494 O $91,800
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells...
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
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells...
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
Sorin Inc., a company that produces and sells a single product, has provided its contribution format...
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,100 units) Variable expenses Contribution margin Fixed expenses Net operating income $123,000 67,650 55,350 39,900 $ 15,450 If the company sells 4,800 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units)...
Decaprio Inc. produces and sells a single product. The company has provided its contribution format income...
Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June Sales (7,200 units) Variable expenses Contribution margin Fixed expenses Net operating income S324,000 201,600 122,400 87,500 34,900 If the company sells 7.400 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $38,300 $34,900 $43.900 $35,869 < Prev 40, 11 İİİ Net> Jilk nc's contribution margin ratio is 60% and its fixed monthly expenses are...
Ofarrell Corporation, a company that produces and sells a single product, has provided its contribution format...
Ofarrell Corporation, a company that produces and sells a single product, has provided its contribution format income statement for March. Sales (6,700 units) $ 268,000 Variable expenses 140,700 Contribution margin 127,300 Fixed expenses 75,800 Net operating income $ 51,500 If the company sells 7,100 units, its net operating income should be closest to:
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format...
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (6,300 units) $ 403,200 Variable expenses 277,200 Contribution margin 126,000 Fixed expenses 103,500 Net operating income $ 22,500 If the company sells 6,200 units, its net operating income should be closest to: (Do not round intermediate calculations.)
Sorin Inc., a company that produces and sells a single product, has provided its contribution format...
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January Sales (3,500 units) Variable expenses Contribution margin Fixed expenses Net operating income $94,500 41,580 52,920 40,700 $12,220 If the company sells 3,800 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $52,920 $57456 $71,700 $13,267 Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the...
Dartmount Corporation has provided its contribution format income statement for June. The company produces a Sales (3,300 units) Variable costs Contribution margin Fixed costs Operating profit $297,000 122,100 174,900 135,500 $ 39,400 If the company sells 3,500 units, its total contribution margin should be closest to: 0 $41,788. $192,900. $174,900 $185,500. O ormat income statement for June. The company produces and sells a single product. gin should be closest to:
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (5,100 units) Variable expenses Contribution margin Fixed expenses Net operating income $163,200 71,400 91,800 46,200 $ 45,600 If the company sells 5,200 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice O $95,000 O $93,600 O $46,494 O $91,800
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
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,100 units) Variable expenses Contribution margin Fixed expenses Net operating income $123,000 67,650 55,350 39,900 $ 15,450 If the company sells 4,800 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units)...
Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June Sales (7,200 units) Variable expenses Contribution margin Fixed expenses Net operating income S324,000 201,600 122,400 87,500 34,900 If the company sells 7.400 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $38,300 $34,900 $43.900 $35,869 < Prev 40, 11 İİİ Net> Jilk nc's contribution margin ratio is 60% and its fixed monthly expenses are...
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January Sales (3,500 units) Variable expenses Contribution margin Fixed expenses Net operating income $94,500 41,580 52,920 40,700 $12,220 If the company sells 3,800 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $52,920 $57456 $71,700 $13,267 Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the...
Most questions answered within 3 hours.
-
(a) A piston at 6.1 atm contains a gas that occupies a volume of
3.5 L....
asked 1 hour ago -
Please answer true or false. Words
cannot be changed or added in to make it true...
asked 1 hour ago -
An empty test tube weighs 15.923 grams. Then,
MgCl2•6H2O is added into the test tube. After...
asked 1 hour ago -
Assume memory access is 10 units of time and disk access is
10000 units of time....
asked 1 hour ago -
1. Are all good samples random?
2. Magazines often report surveys giving statistics such as “63%...
asked 1 hour ago -
Under all the various types of market structures, firms
must eventually earn some economic profits for...
asked 1 hour ago -
Consider the following fitness regime for a single locus trait
with two co-dominant alleles: w11 =...
asked 1 hour ago -
A large cable company reports the following.
80% of its customers subscribe to its cable TV...
asked 1 hour ago -
Please answer the question in brief.
Discuss the role of ERP in organizations. Are ERP tools...
asked 1 hour ago -
Discuss the pros and cons of collaborative software such
as SameTime. Does it increase productivity? What...
asked 1 hour ago -
Buying your in-laws a gift because it’s expected is
due to the ____________ motive of gift-giving....
asked 1 hour ago -
Calculate the expected value, the variance, and the standard
deviation of the given random variable X....
asked 2 hours ago