The following information is available for the Blue and Red Companies for 2011. Blue Red Sales (200,000 units) $1,800,000 $1,800,000 Variable costs 800,000 1,200,000 Contribution margin 1,000,000 600,000 Fixed costs 500,000 100,000 Net operating income $500,000 $500,000 Compute the operating leverage for each company. Record your answer to one decimal place, if necessary.
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- Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Costs Costs Case Revenues a. $ Data table Case 400 Case a. Case b. Case c. Case d. $ 2,900 $ $ $ Total Costs 1,000 $ 1,800 Variable Fixed Total Revenues Costs Costs Costs 600 $ 400 Operating Income 800 Print $ 200 1,400 $ 200 $ Margin Percentage Contribution $ 1,000 600 $ $ Done % Operating Income 1,400 1,300 Contribution Margin Percentage 50% XMadison Industries reports the following data: • Sales- $614,500 Variable Costs- $370,700 • Contribution Margin- $243,800 • • Fixed Costs- $182,900 Income from Operations- $60,900 Determine Madison Industries' operating leverage. Round your answer to one decimal place.Mesa Telcom has three divisions, commercial, retail, and consumer, that share the common costs of the company's computer server network. The annual common costs are $2,860,000. You have been provided with the following information for the upcoming year: Connections Time on Network (hours) Commercial 51,000 121,000 Retail 61,000 151,000 Consumer 108,000 378,000 What is the allocation rate for the upcoming year, assuming Mesa Telcom uses the single-rate method and allocates common costs based on the time on the network? Multiple Choice $4.40. $3.29. $23.64. $19.36.
- 31) Beta has three products, A, B, and C. The following information is available: C $24,000 9,000 Product A Product B $18,000 $90,000 Variable costs 36,000 48,000 15,000 Contribution margin 24,000 42,000 Sales $60,000 Fixed costs: Avoidable 6,000 Unavoidable 7,000 Product Operating income $ (400) 15,000 4,000 9,000 5.400 $ 11,000 Beta is thinking of dropping Product C because it is reporting a loss. Assuming it drops Product C and does NOT replace it, what will be the effect on operating income? (please list dollar value and the direction of the change in operating income)The Microcrit Division of Siliton Computers produces computer chips that aresold to the Personal Computer Division and to outsiders. Operating data for the Microcrit Division for 2020 are as follows: Internal Sales External Sales Sales: 300,000 chips @ $10 $3,000,000 200,000 chips @ $12 $2,400,000 varibale expense @ $4 $1,200,000 $800,000 contribution margin $1,800,000 $1,600,000 fixed costs (allocated in units) 1,500,000 1,000,000 operating income $300,000 $600,000 The Personal Computer Division has just received an offer from an outsidesupplier to furnish chips at $8.90 each. The manager of Microcrit Division is notwilling to meet the $8.90 price. She argues that it costs her $9.00 to produceand sell each chip. Sales to outside customers are at a maximum of 200,000 Page 6 of 6chips.Required:a. Verify the Microcrit Division's $9.00 unit cost figure.b. Should the Microcrit Division meet the outside price of $8.90? Explain.c. Could the $8.90 price be met…Given the price and cost data shown in the accompanying table for each of the three firms, F, G, and H: (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Firm F G H Sale price per unit $18.00 $21.00 $30.00 Variable operating cost per unit 6.75 13.50 12.00 Fixed operating cost 45,000 30,000 90,000 a. What is the operating breakeven point in units for each firm? b. How would you rank these firms in terms of their risk?
- Kindly help me with accounting questionsA division sold 250000 calculators during 2020: Sales $2500000 Variable costs: Materials $475000 Order processing 187500 Billing labor 137500 Selling expenses 75000 Total variable costs 875000 Fixed costs 1000000 How much is the unit contribution margin? $1.00 $3.50 $7.50 $6.50Sheridan Company had the following operating data for the year for its computer division: sales, $700000; contribution margin, $171000; total fixed costs (controllable), $119000; and average total operating assets, $300000. What is the controllable margin for the year? O $171000. O 57%. O $52000. O 17.3%.
- Rongon Company manufactures twotypes of product. Selected information is given below:FantasyJoySelling price per unit$25$150Variable expenses per unit$15$35Number of units sold annually20,0005,000Fixed expenses total $480,800 per year. Required: i.Assuming the sales mix given above, do the following: a. Prepare a contribution format income statement showing both dollar and percent columns for each product and for the company as a whole. b. Compute the break-even point in dollars for the company as awhole and the margin of safety in both dollars and percent.ii.The company has developed a new product to be called Delight. Assume that the company could sell 10,000 units at $65each. The variable expenses would be $58each. The company’s fixed expenses would not change. a. Prepare another contribution format income statement, including sales of the Samoan Delight (sales of the other two products would not change). b. Compute the company’s new break-even point in dollars and the new margin…Variable costs:900000, fixed cost:600000solve this account query