Trillium, Inc. reports the following information for April:AlphaBetaUnits sold3,000 units750 unitsSales price per unit$250$700Variable manufacturing cost per unit175500Sales commission per unit:Alpha: 4% of sales price10Beta: 6% of sales price42What is the contribution margin ratio of Beta? (Round your answer to two decimal places.)OA. 30%OB. 28.57%○ C. 6%OD. 22.57%

Contribution Margin Ratio: The contribution margin ratio refers to the ratio of a business entity…

Answered: Trillium, Inc. reports the following…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Revenue Analysis A similar manufacturer's total monthly revenue function is .. R(q) = 240g - 0.08q? %3D where R is in dollars and q are in units of output produced and sold during the month. Currently, this manufacturer is producing 80 units a month and is planning to increase monthly output by 1 unit. Use the revenue function to compute the actual additional revenue that will be generated by the production and sale of the 81st unit. (Round to the nearest 2 decimal places, if needed) ASUS f4 f7 E3 口京团 f10 f11 因

Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 9.00 6.00 $ 3.00 Sales (41,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: (Consider each case independently): Total $ 369,000 246,000 123,000 42,000 $ 81,000 1. What is the revised net operating income if unit sales increase by 13%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by 21%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 11%? X Answer is complete but not entirely correct. 1. Net operating income $ 96,990 2. Net operating income $…
Contribution Margin Sally Company sells 36,000 units at $11 per unit. Variable costs are $7.70 per unit, and fixed costs are $44,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operations
EXERCISE 2: The balance sheets of Al-Iraq Corporation as of December 31, Year 2011, and Year 2012, and its statement of income year ended December 31, 2012, follow: Al-Iraq CORPORATION Balance Sheets December 31, Year 2011 and Year 2012 31/12/2011 Item (Amounts in millions of dinars) Assets: Cash Accounts receivable Inventories Prepaid expenses Land Plant and equipment Cars Accumulated depreciation Patented Total assets Liabilities and Equity : Accounts payable Accrued expenses long term loans. Sahre capital Share premium Retained earnings Total liabilities and equity 144 198 336 24 160 300 200 (183) 120 1299 Net Sales Cost of goods sold. Cross Profit Operating expense................ Net income 261 198 285 450 105 1299 396 (192) 204 31/12/2012 (114) 90 162 180 330 27 286 500 150 (258) 105 1482 Al-Iraq CORPORATION Income Statement For Year Ended December 31, Year 92012 225 204 900 18 135 1482 Additional information: 1. The CORPORATION issued shares to increase its capital by 45…
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Multiproduct breakeven analysis and target profit, taxes Pursuit Company produces two products: Bric and Brac. The following table summarizes the products' details and planned unit sales for the upcoming period: Bric BrAc Sellingpriceperunt...........$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 ?
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