Help please Avalon Products manufactures and sells a single product. The company hasprovided its contribution format income statement for March:•••••Sales (8,000 units): $320,000Variable expenses: $192,000Contribution margin: $128,000Fixed expenses: $90,000Net operating income: $38,000If the company sells 9,200 units, what is the total contribution margin?

Step 1: Definition of Contribution MarginContribution Margin is the amount remaining from sales…

Answered: Avalon Products manufactures and sells…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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Your company has provided its contribution format income statement for January. The company produces and sells a single product. What is its total contribution margin at 3,100 units? Sales (2,900 units) $269,700 Variable Expenses 107,300 Contribution Margin 162,400 Fixed Expenses 137,100 Net Operating Income $25,300
Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,300 units) $ 220,500 Variable expenses 113,400 Contribution margin 107,100 Fixed expenses 88,100 Net operating income $ 19,000 If the company sells 6,500 units, its net operating income should be closest to
Everett Corporation, a company that produces and sells a single product, has provided its contribution format income statement for October: Sales (8,200 units): $452,600 • Variable expenses: $280,200 • Contribution margin: $172,400 Fixed expenses: $115,750 • Net operating income: $56,650 If Everett Corporation sells 9,000 units instead of 8,200 units, what will be its net operating income? A. $69,250 B. $73,800 C. $76,300 D. $80,400
Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,200 units) $ 217,000 Variable expenses 117,800 Contribution margin 99,200 Fixed expenses 87,900 Net operating income $ 11,300 If the company sells 6,400 units, its net operating income should be closest to: (Do not round intermediate calculations.) $14,500 $11,300 $18,300 $11,665
Rovinsky Corp, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (5,700 units) $319,200 Variable Expenses 188,100 Contribution Margin 131,100 Fixed Expenses 106,500 Net Operating Income 24,600 Calculate how many unites would need to be sold to reach a target profit of $8,500.
Keomuangtai Corporation produces and sells a single product. The company has provided its contribution format income statement for October. Sales (4,600 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 4,200 units, its net operating income should be closest to: Multiple Choice $25,200 $2,000 $17,600 $ 266,800 179,400 87,400 62,200 $ 25,200 $23,009
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Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,000 units) Variable expenses Contribution $ 305,000 150,000 155,000 104,400 $ 50,600 margin Fixed expenses Net operating income Required: Redo the company's contribution format income statement assuming that the company sells 5,200 units.
Rongon Company manufactures twotypes of product. Selected information is given below:FantasyJoySelling price per unit$25$150Variable expenses per unit$15$35Number of units sold annually20,0005,000Fixed expenses total $480,800 per year. Required: i.Assuming the sales mix given above, do the following: a. Prepare a contribution format income statement showing both dollar and percent columns for each product and for the company as a whole. b. Compute the break-even point in dollars for the company as awhole and the margin of safety in both dollars and percent.ii.The company has developed a new product to be called Delight. Assume that the company could sell 10,000 units at $65each. The variable expenses would be $58each. The company’s fixed expenses would not change. a. Prepare another contribution format income statement, including sales of the Samoan Delight (sales of the other two products would not change). b. Compute the company’s new break-even point in dollars and the new margin…
Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (8,400 units) $ 764,400 Variable expenses 445, 200 Contribution margin 319, 200 Fixed expenses 250,900 Net operating income $ 68,300 If the company sells 8,200 units, its total contribution margin should be closest to: Multiple Choice $301,000 $311,600 $319,200 $66,674
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Opereting income should be ? General accounting

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