Delos, Inc. reports the following information for April:Sigma2,000 units$300150Units soldSales price per unitVariable manufacturing cost per unitSales commission per unit:Sigma: 8% of sales priceGamma: 10% of sales priceWhat is the contribution margin of Sigma?OA. $300,000OB. $252,000OC. $72,000OD. $552,00024Gamma700 units$60048060

Contribution margin is also called gross margin. It is that money which is calculate sales less all…

Answered: Delos, Inc. reports the following…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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4-2 Contribution Margin United Merchants Company sells 19,000 units at $15 per unit. Variable costs are $11.10 per unit, and fixed costs are $25,200. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) fill in the blank 1 % b. Unit contribution margin (Round to the nearest cent.) $fill in the blank 2 per unit c. Operating income $fill in the blank 3
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23. Sparkle Jewelry sells 800 units resulting in $85,000 of sales revenue, $32,000 of variable costs. And $ 26,000 of fixed costs. The number of units that must be sold to achieve $41,000 of operating income is? a. 909 units. b. 393 units c. 1,012 units d. 619 units
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Contribution Margin Sally Company sells 36,000 units at $11 per unit. Variable costs are $7.70 per unit, and fixed costs are $44,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operations
k nces Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $100,000 65,000 35,000 30,100 $ 4,900 Required: 8. What is the break-even point in unit sales? Note: Round intermediate calculations to 2 decimal places.
Exercise 18-13 (Algo) Computing sales to achieve target income LO C2 Sunn Company manufactures a single product that sells for $145 per unit and whose variable costs are $87 per unit. The company's annual fixed costs are $916,400. Management targets an annual income of $1,450,000. (1) Compute the unit sales to earn the target income. Numerator: 1 1 Denominator: (2) Compute the dollar sales to earn the target income. Numerator: 1 1 Denominator: = || = = || Units to Achieve Target Units to achieve target 0 Dollars to Achieve Target Dollars to achieve target 0
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The following information relates to Lenard Inc. for the first quarter of 20YY: Data Table Accounts Amounts Units sold 60,000 Sales per unit $64 Variable cost per unit $24 Fixed costs $180,000 The company expects to spend an additional $40,000 in fixed costs during the second quarter of 20YY. Compute the break-even units for the second quarter of 20YY. Group of answer choices 5,500 units 1,000 units 4,500 units 10,000 units

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