Bags produced and sold. 200,000 Sales revenue.. Variable manufacturing expense.. Fixed manufacturing expense .. Variable selling and administrative expense... Fixed selling and administrative expense . Net operating income.. $1,560,000 $660,000 $448,000 $180,000 $214,000 $58,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company that makes organic fertilizer has supplied the following data:

  1. The company's margin of safety in units is closest to:
    115,128
    B. 16,111
    C. 168,986
    D. 100,444
  2. The company's unit contribution margin is closest to:
    $4.50
    B. $6.90
    C. $3.60
    D. $4.20
  3. The company's degree of operating leverage is closest to:
    1.27
    B. 26.90
    C. 3.45
    D. 12.41
Bags produced and sold ...
Sales revenue...
Variable manufacturing expense.
Fixed manufacturing expense ..
Variable selling and administrative expense.
Fixed selling and administrative expense
Net operating income.
200,000
$1,560,000
$660,000
$448,000
$180,000
$214,000
$58,000
...
Transcribed Image Text:Bags produced and sold ... Sales revenue... Variable manufacturing expense. Fixed manufacturing expense .. Variable selling and administrative expense. Fixed selling and administrative expense Net operating income. 200,000 $1,560,000 $660,000 $448,000 $180,000 $214,000 $58,000 ...
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