Please provide answer this accounting question answer do fast Falcon Industries reported total sales of $450,000, at a price of $30per unit, and per unit variable expenses of $20, for the sales of theirsingle product.TotalPer UnitSales$450,000Variable Expenses$300,000Contribution Margin$150,000Fixed Expenses$120,000Net Operating Income $30,000What is the amount of contribution margin if sales volume increasesby 50%?a. $50,000b. $225,000c. $15,000d. $205,000

Step 1: Define Contribution MarginContribution margin is the amount remaining from sales revenue…

Answered: Falcon Industries reported total sales…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11.16E

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For Sheridan Company, sales is $2000000, fixed expenses are $900000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $700000? A. $4444444 B. $5555556 C. $2500000 D. $1944444
Jellico Inc.’s projected operating income (based on sales of 450,000 units) for the coming year isas follows:TotalSales $11,700,000Total variable cost 8,190,000Contribution margin $ 3,510,000Total fixed cost 2,254,200Operating income $ 1,255,800Required:1. Compute: (a) variable cost per unit, (b) contribution margin per unit, (c) contribution margin ratio, (d) break-even point in units, and (e) break-even point in sales dollars.2. How many units must be sold to earn operating income of $296,400?3. Compute the additional operating income that Jellico would earn if sales were $50,000 morethan expected.4. For the projected level of sales, compute the margin of safety in units, and then in salesdollars.5. Compute the degree of operating leverage. (Note: Round answer to two decimal places.)6. Compute the new operating income if sales are 10% higher than expected.
Consider the following: Fixed expenses P78,000; Unit contribution margin 12;Target net profit 42,000. How many unit sales are required to earn the target net profit? A. 15,000 unitsB. 10,000 unitsC. 12,800 unitsD. 20,000 units
CVP Analysis, *What IT?" AnalysisKevin Co. projected contribution-format income statement for the upcoming month is shownBelow Sales (500 units) $10000Variable expenses. 4000Contributions margin. 6000Fixed expenses. 1000Net operating income. 5000Required:a.) Compute the breakeven point in units.b) Compute the breakeven paint in dollars.c.) If the company wishes to earn a monthly target profit of $10,000, how many units must be sold each month?d.) Compute the company's margin of safety. State your answer in both dollar and percentage terms,e.) The company's manager thinks that adding a salaried sales staff member at a cost of 52,000 per month will increase sales by $4,000 per month. If he is correct, what will be the net dollar advantage or disadvantage of making this change?t.) Refer to the original data, the company's manager believes that a new production process will improve profitability. He plans to add new machinery that will cut variable expenses…
What is the contribution margin per unit?
Assume MIX Incorporated has sales volume of $1,162,000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $454,000; Contribution Margin Ratio 30% Product B: Sales $708,000; Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $318,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume. Note: Round "Average contribution margin ratio" answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar. Total contribution margin Operating income Average contribution margin ratio Breakeven sales volume %
What is the contribution margin per unit of this general accounting question?
For Concord Corporation at a sales level of 4000 units, sales is $67000, variable expenses total $42000, and fixed expenses are $21000. What is the contribution margin per unit? $10.50 $5.25 $16.75 $6.25
If the contribution margin ratio is 55%, target operating income is $30,000, and the sales revenue needed to achieve the target operating income is $100,000, what are total fixed expenses? O A. $55,000 О В. $25,000 о с. $85,000 O D. $16,500
Pepper Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units) Variable expenses Contribution margin Fixed expenses Net operating income If the variable cost per unit increases by $1, spending on advertising increases by $2,000, and unit sales increase by 50 units, the net operating income would be closest to: O $450 O $1,000 O $2,150 $ 40,000 30,000 10,000 7,000 $ 3,000 O $9,450
waterway industries reported the followingn information for the current year: sales (54000 units) $1080000, direct materials and direct labor $540,000, other variable costs $54000, and fixed costs $360000. what is Waterways contribution margin ratio? a. 55% b. 67% c. 33% d. 45%
For Waterway Industries at a sales level of 4000 units, sales is $83000, variable expenses total $70000, and fixed expenses are $21000. What is the contribution margin per unit? $17.50 $20.75 $5.25 $3.25

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