What is bucket manufacturing 's operating leverage on these general accounting question? Bucket Manufacturing Ltd. had the following income statement for themost recent period:AccountAmount ($)Sales60,000Variable Costs36,000Contribution Margin24,000Fixed Costs12,000Net Income12,000What is Bucket Manufacturing's operating leverage?a. 2b. 1.5c. 2.5d. 3

Step 1: Define Operating LeverageOperating Leverage measures how a company's net income changes with…

Answered: Bucket Manufacturing Ltd. had the…

FINANCIAL ACCOUNTING

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Author:Libby

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Chapter1: Financial Statements And Business Decisions

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The single-column CVP income statements shown below are available for Wildhorse Company and Blossom Company, Sales Variable costs Contribution margin Fixed costs Net income Wildhorse Wildhorse Co. Blossom $495,000 239,000 256,000 1000 156,000 $100,000 Blossom Co. Degree of Operating Leverage $495,000 (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.15.) $ 51,000 444,000 344,000 $100,000 (b) Assuming that sales revenue increases by 10% (due to a 10% increase in the number of units sold), prepare a single-plumn CVP income statement for each company. Wildhorse Company $ tA $ Blossom Company
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An automated turning machine is the current constraint at Jordison Corporation. Three products use this constrained resource. Data concerning those products appear below: Selling price per unit Variable cost per unit Minutes on the constraint Multiple Choice Rank the products in order of their current profitability from most profitable to least profitable. In other words, rank the products in the order in which they should be emphasized. (Round your intermediate calculations to 2 decimal places.) LN, JQ, RQ RQ, LN, JQ RQ, JQ, LN JQ, RQ, LN $ $
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The following information is available for Concord Corporation: Total fixed $150000 expenses == Total variable. 320000 expenses Sales Cost of goods sold $570000 370000 A CVP income statement would report O gross profit of $250000, contribution margin of $420000. Ogross profit of $200000. O contribution margin of $250000.
Understanding CVP relationships Calculate the missing amounts for each of thefollowing firms: Contribution Variable Margin Fixed OperatingSales Costs Ratio Costs Income (Loss)Firm A $320,000 ? 32% ? $38,300Firm B ? $465,050 ? $118,000 71,950Firm C 134,000 ? 26% 36,700 ?Firm D ? 59,000 20% ? (4,920)

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Bucket Manufacturing Ltd. had the following income statement for the most recent period: Account Amount ($) Sales 60,000 Variable Costs 36,000 Contribution Margin 24,000 Fixed Costs 12,000 Net Income 12,000 What is Bucket Manufacturing's operating leverage? a. 2 b. 1.5 c. 2.5 d. 3