Given: • • Contribution Margin = $18,500 Operating Income = $7,400 Volume increase = 15% Calculate the percentage increase in operating income
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- Calculate the Contribution Margin Ratio: Sales 2,000,000 Rent 500,000. Depreciation 200,000. Variable COGS 60,000 Fixed COGS 35,000.Assume the following (1) contribution margin = $150,000 (2) net operating income = $15,000, and (3) sales increase by 6%. Given these three assumptions, net operating income will increase by: Multiple Choice 60%. 1%. 6%. 25%.Assume the following information: Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 300,000 120,000 180,000 60,000 $ 120,000 Per Unit $40 16 $24 If unit sales increase by 21%, then the best of estimate of the new net operating income is: Note: Do not round your intermediate calculations.
- Using the following data, estimate the new Return on Investment if there is a 11% increase in sales - with average operating assets as the base. Sales $3,838,419 Contribution margin Controllable fixed costs Average operating assets 42% 368,503 $5,166,749 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.Determine the IMU% which will be required to achieve a 5.2% profit with the following figures: • Markdowns 4.0% • Employee discounts • Expenses • Shortages • Cash discounts 0.9% 45.0% 1.2% 1.1% • Alteration costs 0.9% a.) Calculate the IMU% for this department b.) What is the Reduction% for this departmentPlease do not give solution in image format thanku