Financial questions Rovinsky Corporation, a company that produces and sells a single product, hasprovided its contribution format income statement for November.Sales (7,800 units)Variable expenses$413,400257,400Contribution margin 156,000Fixed expenses103,500Net operating income $52,500If the company sells 7,700 units, its net operating income should be:A. $51,979B. $50,500C. $52,500D. $48,000

Step 1: Define Contribution Margin By measuring the contribution margin, we may determine how much a…

Answered: Rovinsky Corporation, a company that…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...

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Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings total annual fixed costs are 38,400. If operating income last year was 28,800, what was the number of units Starling sold? a. 4,800 b. 6,400 c. 5,600 d. 11,200
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (8,200 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 8,100 units, its net operating income should be closes to: (Do not round intermediate calculations.) Multiple Choice $ 467,400 303,400 164,000. 103,500 $ 60,500 $59.979
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (7,800 units) Variable expenses $ 413,400 257,400 156,000 103,500 Contribution margin $ 52,500 Fixed expenses Net operating income If the company sells 7,700 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $50,500 $48,000 O $51,979 $52,500
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Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (6,600 units) Variable expenses Contribution margin $ 402,600 270,600 132,000 103,500 $ 28,500 Fixed expenses Net operating income If the company sells 6,500 units, its net operating income should be closest to: Note: Do not round intermediate calculations. Multiple Choice $27,979 $26,500 $28,500 $24,000
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (5,700 units) $319,200 Variable expenses 188,100 Contribution margin 131,100 Fixed expenses 106,500 Net operating income $24,600 If the company sells 5,300 units, its net operating income should be closest to: Group of answer choices $24,600 $2,200 $22,874 $15,400
Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,200 units) $ 217,000 Variable expenses 117,800 Contribution margin 99,200 Fixed expenses 87,900 Net operating income $ 11,300 If the company sells 6,400 units, its net operating income should be closest to: (Do not round intermediate calculations.) $14,500 $11,300 $18,300 $11,665
Rovinsky Corp, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (5,700 units) $319,200 Variable Expenses 188,100 Contribution Margin 131,100 Fixed Expenses 106,500 Net Operating Income 24,600 Calculate the breakeven point in: a. sales units (round to the nearest whole unit) b. and sales dollars
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Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,300 units) $ 220,500 Variable expenses 113,400 Contribution margin 107,100 Fixed expenses 88,100 Net operating income $ 19,000 If the company sells 6,500 units, its net operating income should be closest to
Keomuangtai Corporation produces and sells a single product. The company has provided its contribution format income statement for October. Sales (4,600 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 4,200 units, its net operating income should be closest to: Multiple Choice $25,200 $2,000 $17,600 $ 266,800 179,400 87,400 62,200 $ 25,200 $23,009
Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,700 units) $ 368,500 Variable expenses 268,000 Contribution margin 100,500 Fixed expenses 88,000 Net operating income $ 12,500 If the company sells 6,900 units, its net operating income should be closest to: (Do not round intermediate calculations.) Garrison 16e Rechecks 2018-06-19 Multiple Choice $15,500 $23,500 $12,500 $12,873

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