Sales (8,400 units) $ 764,400 Variable expenses 445, 200 Contribution margin 319, 200 Fixed expenses 250,900 Net operating income 68, 300 If the company sells 8,200 units, its total contribution margin should be closest to:
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- 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?Sales $ 400,e00 Variable expenses 260,e00 Contribution margin Fixed expenses 140,000 96,e00 Net operating income $ 44,e00 Average operating assets $ 350,e00 The margin is closest to: Multipie Cholce 12.9% 35.0%. 114.3%.19 Miller Company's most recent income statement follows: Total Per Unit Sales (24,000 units) Less: Variable expenses $672,000 $28 408,000 17 Contribution margin 264,000 $11 28,000 Less: Fixed expenses Net income $236,000 Consider each of the following cases independently. vidterm Exa. Saved Help Save & Exit Submit 3. Prepare a new income statement if the selling price increases by $1.0 per unit, fixed expenses increase by $5,000 and the sales volume decreases by 5%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 4. Prepare a new income statement if the selling price increases by 5%, variable expenses increase by $0.10 per unit and the sales volume decreases by 30%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit 4. Prepare a new income statement if the selling price increases by 5%, variable expenses increase by $0.10 per unit and the sales volume decreases by 30%. (Do…
- Assume that more than one product is being sold in each of the four following case situations: Case #1 Case #2 Case #3 Case #4 Sales $ 443,000 203,000 292,000 Variable expenses 140,070 84,680 Fixed expenses 52,000 470,000 Net operating income (loss) $ 82,350 $ 10,930 90,000 $ (18,680) Contribution margin ratio (percent) 45 % % 80 %Sales (7,200 units) $ 338, 400 Variable expenses 194, 400 Contribution margin Fixed expenses 144,000 103, 500 $ 40,500 Net operating income If the company sells 7,00 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice S39,979 $38,500 S40.500 O $36,000Assume the following information: Sales Contribution margin Net operating income What is the margin of safety? Multiple Choice O O O O $400,000 $360,000 $120,000 $200,000 Amount $ 600,000 $360,000 $ 240,000 Per Unit $ 40 $ 24
- Multiproduct breakeven analysis and target profit, taxes Pursuit Company produces two products: Bric and Brac. The following table summarizes the products' details and planned unit sales for the upcoming period: Bric BrAc Sellingpriceperunt...........$S25$30 Variablecostperunit ... $14$17 Planned unit sales volume . . . . . . 800, 000 400,000 Pursuit Company has total fixed costs of $10 million and faces a tax rate of 30%. Required (a)What is Pursuit Company's expected profit at the planned level of sales? (b)Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to break even? (c) Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to earn an after-tax income of $910, 000 ?content/qualsims/accounting/cost_volume_profit/v2/player/#/891e73d6eefafa67438268e177eaa497_qualsimsaccountingcost_volume_profitmiller_nobles_mattis 75 Tumblers Sora per month Sales Revenue Less: Variable Expenses Contribution Margin Less: Fixed Expenses Operating Income Total Per Unit $ 2,250 $ 30 1,350 18 $ 900 $ 12 250 $ 650 In order to determine how much contribution margin is earned for each $1 of sales, what is the contribution margin ratio on your tumbler sales? Round to the nearest whole number. Select an option from the choices below and click Submit. ○ 29% ○ 40% ○ 250% Submit(e) Product Blue Product Red Selling $12.00 $24.00Variable cost $4.00 $8.00Contribution margin $8.00 $16.00Fixed costs apportioned $200,000 $400,00Budgeted Sales Units 140,000 60,000 Calculate the breakeven points, for each product and the company as a whole and comment on your findings f)Discuss the merits and demerits of the cost volume profit analysis (CVP)
- A company has assessed the profitability of its three products as shown here: Product A Product B Product C Total Sales (units) 3,000 5,000 2,000 10,000 £ £ Price 15.00 10.00 5.00 Variable costs 6.00 4.00 3.00 Divisible fixed costs 2.00 1.00 0.50 Non-divisible fixed costs 2.00 2.00 2.00 Profit/(Loss) 5.00 3.00 (0.50) As a result of this, it has been suggested that Product C should be dropped. All other things being equal what would be the financial impact of dropping Product C? A B Profit would increase by £1,000. Profit would increase by £2,000. Profit would fall by £3,000. C D Profit would fall by £4,000. £We sell two products: Product #1 Product #2 Total Sales $200,000 $400,000 $600,000| Variable Expenses 120,000 350,000 470,000 Contribution Margin 80,000 50,000 130,000 CM Ratio 40% 12.5% 21.67% Fixed Expenses total $30,000. What is the breakeven point based on the current sales mix? A. $600,000 B. $75,000 C. $138,440 D. $240,000 4.Consider the following information from the income statement of Leighton Company: Contribution margin ratio 40% Fixed expenses $140,000 Selling price $100 Target profit $120,000 Unit contribution margin $40 What are the sales dollars required to attain a target profit of $120,000? multiple choice A. $60,000 B. $400,000 C. $10,000 D. $300,000