oslo company prepared the following contributiongreen hope high school graduation 2022
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oslo company prepared the following contribution
What is the margin . 7,000 (Hide this section if you want to rate later). The unit selling price and variable expenses are $60 and $35 respectively. The contribution margin per bicycle is $200. Variable expenses Submit your documents and get free Plagiarism report, Your solution is just a click away! $ 8,190 Direct wages ( 128000 ). Net operating income P2.00 Oslo, Q:Garrett Company provided the following information: . Contribution Margin -----9,600 [The following information applies to the questions displayed below.] . CM ratio = unit contribution margin / unit selling price If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? Variable Expenses --- 245,520 (total); 6.00 (per unit) Fixed Expenses -----------7,968 12. . 19. . . What is the degree of operating leverage for Rite Corporation? What is the break-even point in dollar sales?5. If sales decline to 900 units, what would be the operating income. Sales (33,000 units) (per unit) = 9.00 Course Hero is not sponsored or endorsed by any college or university. 13. It is prepared to, Q:Terminal Activity [The following information applies to the questions displayed below.] Net Operating Income (total) = 49,000 questions concern situations that are within the relevant range. View this solution and millions of others when you join today! 4,900 . . The company's most recent monthly contribution format income statement follows: Net operating Income 12. . . Net Operating Income (b) = 1,632 Miller Companys most recent contribution format income statement is shown below:Total Per UnitSales (20,000 units) .. $300,000 $15.00Variable expenses . 180,000 9.00Contribution margin .. 120,000 $ 6.00Fixed expenses .. 70,000Net operating income .. $ 50,000Required:Prepare a new contribution format income statement under each of the following conditions (consider eachcase independently):1. net operating income = $73,800 - $46,800 - $21,840 = $5,160. $5,000? Q:The contribution margin that the company would disclose on an absorption-costing income Oslo Company prepared the following contribution format income statement based on a salesvolume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales20,000Variable expenses12,000Contribution margin8,000Fixed expenses6,000Net operating income$2,000Required: (Answer each question independently and always refer to the original data unlessinstructed otherwise)1. . Explain the significance of: culture hearth, cuneiform, qanat, natural boundary, embargo, ziggurat. 4. Compute the profit from the sale of 100 bicycles. What is the degree of operating leverage? . (Rate this solution on a scale of 1-5 below). D. What is the degree of operating leverage? Start your trial now! Sales (amount) = 139,000 PROBLEM NO. What is the break-even point in dollar sales? . Contribution Margin --- 192,000 (total); 12 (per unit) Net Operating Income (amount) = 66,400 Fixed Expenses -----------7,968 unless instructed otherwise.). Required information Sales Fixed expenses Variable Expenses = 184,140 (total); 6.00 (per unit) Sales = 170,970 . Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): 14. Fixed Expenses (amount) = 17,000 What is the break-even point in dollar sales? Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Variable Expenses --- 223,740 (total); 6.00 (per unit) Sales --- 640,000 (total); 40 (per unit) . where customers can play tennis for a fee Contribution margin Calculate the cost (salary, employer's portion of Social Security and Medicare, pension, etc.) Median response time is 34 minutes for paid subscribers and may be longer for promotional offers. 16. . net operating income of a 5% increase in sales? The company's fixed expenses are $10,000. units, what would be the net operating income? 79,000 X 30% = 23,700, Managerial Accounting Chapter 2 Key Terms, Ho, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Russian: From Novice High to Intermediate (CH. 3. $ . Net operating income 31,500 B. Rental of Ballroom = $1,250 During its first year of operations, Giovani, A:The question is related to accounting for available-for-sale securities held by Giovani Foods, a, Q:COMPREHENSIVE Planned and. . The committee members would like to charge $61 per person for the evening's activities. = 640,000 - 508,000 = 132,000 Variable Expenses = 68,388 Cartier Corporation currently sells its products for $50 per unit. Percent increase in net operating income (a) X (b) = 5.88 X 3% How many units must be sold to achieve a target profit of $16,800? Account title . 61n = 5,850 + 22n 1,700 Contribution Margin (amount) = 83,400 . If the company anticipates a 30% increase in sales, what is the percentage change in net operating income for Trent, Inc.? Compute the company's margin of safety in both dollar and percentage terms (round your percentage answers to two decimal places), Margin of Safety = Actual or budgeted sales - break-even sales Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant What is the contribution margin per unit?2. Discuss whether you b Watch video Last Days of Solitary: https://www.pbs.org/wgbh/frontline/documentary/last-days-of-solitary/? Contribution margin Contribution Margin = 226,800 The, Q:Madrigal Company constructed a building Your answer is partially correct. Were the solution steps not detailed enough? 2. Contribution margin Margin of safety percentage (a)/(b) Last year, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses, Edge Reading, Writing and Language: Level C, David W. Moore, Deborah Short, Michael W. Smith, Given sentence below refers to a numbered sentence in the passage. (Round your intermediate calculations and final answer to 2 decimal places.) Band = $2,000 7. Please resubmit the question and, Q:slo Company prepared the following contribution format income statement based on a sales volume of, A:The break even sales units are calculated as fixed cost divided by Contribution margin per unit., Q:NUBD, which began business at the start of the current year, had the following data: . Contribution Margin (total) = 99,000 One is variable costs and other one, A:Solution: - 31,500 CALCULATION OF MANUFACTURING OVERHEADS APPLIED Contribution Margin = 102,582 Units to be sold to get Target Profit = 18,900 (226,800/12) What are the unit sales required to attain a target profit of $120,000? . Osio Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of. $ Contribution Margin --- 192,000 (total); 12 (per unit) 5) If sales decline to 900 units , what would be the net operating income? 12,000 Thus, variable expenses are high, totaling $25.20 per ball, of which 60% is DL cost. $ 70,000 Band = 2,000 Contribution margin costs = 5,850 + 22n Under this scenario and assuming that . . 11th Edition ISBN: 9781337623124 Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman 1,012 solutions accounting Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Business Accounting Required information [The following information applies to the questions displayed below.] . 14.Assume that the amounts of the company's total variable . B1-19 Reporting available-for-sale securities . Variable expenses A. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 12,000 8,000 6,000 . . Tickets and advertising = 600 Peso sales with desired income of P9,000f. credit $ What is the degree of operating leverage? Variable expenses Nam risus ante, dapibus, ur laoreet. Net Operating income --- 74,400 (total), 19. The company has an opportunity to make a bulk sale of 100 skateboards. Calculate the total contribution margin. Sales (9,000 units) $270,000 b. close synonym Contribution Per Unit =, Q:slo Company prepared the following contribution format income statement The company owner and manager, Christie, needs to determine how much to include in her budget for each employee. , Current position and recommendations to improve, future strategies of ZARA, Critically apply and explain the impact of the five performance objectives (Quality, cost, speed, reliability, flexibility) that are to be explained i . Oslo Company prepared the following contribution format income statement 115 views Sep 19, 2020 Oslo Company prepared the following contribution format income statement. Fixed Expenses (total) = 50,000 during last month: The, A:Inventory accounting refers to the process of recording, tracking and valuing a company's inventory, Q:e following information applies to the questions displayed below.] How many units must be sold to achieve a target profit of $18,900? There are two components to the rate: 2.9% for Medicare and, Q:On the government-wide . Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 15% increase in sales? . sales? Net Operating Income ---1,632 [The following information applies to the questions displayed below.] Variable Expenses -------12,800 If the variable cost per unit increases by $1, spending on advertising increases by $1,700, and unit sales increase by 240 units, what would be the net operating income? G. Estimate how many units must be sold to achieve a target profit of $26,100. . What is the degree of operating leverage? Contribution margin ratio = (sales - variable expense) / Sales, 3.Variable expense ratio = variable cost per unit / Sales per unit, 4. 35,000 The company's sales and expenses for last month follow: . Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): 3. Net operating income management in ZARA and how it plays a significant role in t It includes calculating the gross property,, Q:On January 1, 2021, Gundy Enterprises purchases an office building for $162,000, paying $42.000 down, A:INTRODUCTION: Break-even point in units = fixed costs/contribution per unit percent increase in net operating income (a) X (b) = 26.53%. . . Which of the . . operating income? . $ 30,000 total budgeted or actual sales - break-even sales. Executive Summary and Introduction, which should discuss the overall concept of operations . Sales --- 315,084 (total); 7.70 (per unit) (1) Shark experts are often asked whether sharks are truly man-eating monsters (2) Although some species of sharks will attack and eat human beings, sharks are not the crazed killers portrayed in fiction and films (3) Phew (4) Isn't that a relief (5) Are they potentially dangerous (6) You bet (7) Do they crave people sandwiches (8) Don't you believe it (9) Most sharks crave fatty food (10) In their eyes, humans are just light snacks (11) A large sea lion provides more calories for a lot less trouble (12) Why, then, do sharks sometimes attack people (13) Experts believe that most attacks are cases of mistaken identity (14) To a shark, a swimmer's flapping hands and feet may look like plump little fish swimming along (15) Watch out. 3.Calculation of variable expense ratio:Variable expense ratio=Variable expense/ Sales=$39,000$60,000=0.65Therefore, the Variable expense ratio is 65%. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Fixed Expenses -----------7,968
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sectetur adipiscing elit. . Contribution Margin (% of sales) = 60% The dinner-dance committee has assembled the following expected costs for the event: In other words, assume that the total variable expenses are $7,968 and the total fixed expenses are $12,800. 23,310 Tickets and advertising = $600 . The kind of gain that results from the sale of an organization's capital assets is. Which of the following explains contribution margin? Get it solved from our top experts within 48hrs! Donec aliquet. Variable expenses Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. 30,000 A:Net operating income is calculated as excess of sales revenue over total cost. Contribution margin per unitb. (Round "Per Unit" calculations to 2 decimal places.) = 7.14, A:Cost-volume profit analysis is a tool that helps in decision making by establishing a relationship. . Engberg Company installs lawn sod in home yards. . For example Bob Dylan's self employment earnings are, A:15.3% is the self-employment tax rate. Debit$ $ If sales decline to 900 units, what would be the net operating income? . . The fixed expenses amount to $5,000 per month. Variable expenses- 16,500, Q:Required information 35,000 Favors and programs (per person) = 7 A:Break Even point in Dollar Sales = Fixed Expenses/Contribution Margin Ratio Margin of safety (in dollars) = 3,808 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): What is total average cost per unit? Fixed Expenses (amount) = 17,000 Oslo, A:Operating income: Income statement reports revenues and expenses from business operations, and the, A:Net operating income refers to the revenue earned during the period less expenses. . Marketing cost v. ( 100 000 )D. 3,780 . 12. Q:Ehrlich Enterprises prepared the following contribution format income statement based on a sales, A:As the question has more than 3 sub-parts, the first 3 subparts are answered as per guidelines. AmountSales P300,000Variable expenses 120,000Contribution margin 180,000Fixed expenses 108,000Net operating income P72,000 100,000 4,900 Property taxes receivable current Oslo company prepared the following contrubition format income statement based on a sales volume of 1,000 unites (the relevant range of production is 500 units to 1,500 units). . 0.67 Variable expenses C. Ramirez Manufacturing is preparing, A:Production budget is one of the important budget being prepared in business, which shows how much, Q:2) If Anna deposits $11,500 in the bank today, what will her money be worth in 3 years at 8% if it's, A:Time value of money is one of the important concept being used in finance. Contribution Income Statement What is Ralph Corporation's margin of safety in dollars? . 2 . . At this level, the total costs were $200,000, of which 40%, A:Break even point means where there is no profit no loss. Sales (33,000 units) (total) = 297,000 Miller Company . 5. Sales Lorem ipsum dolor sit amet, consectetur adipiscing elit. Planned and, A:Fixed production cost per unit = Fixed production cost/ total no. Sales --- 640,000 (total); 40 (per unit) Variable Expenses (total) = 198,000 (Round your answer to 2 decimal places. $8,100 + Fixed cost = Contribution margin / (Sales per unit - Variable cost), 11.Margin of safety = Projected sales - Break-even sales, MOS = $10,000(1,000 x 10) - $5,000 (as computed above #9), DoL = (Sales-Variable cost) / (Sales - Variable cost - Fixed cost), DoL = ($10,000 - 5,500) / ($10,000 - 5,500 - 2,250). 10,000 . The ordering Skip to question Margin of safety (in dollars ) (a) = 3,808 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 3. In other words, assume that the total variable expenses are $8,680 and the total fixed expenses are $26,000. The company's sales and expenses for last month follow: Variable Expenses (per unit) = 6.00 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 12,000 8,000 6,000 $ 2,000 12. The company is expecting a $36,000 increase in sales. Contribution margin 81,000 . Unit product cost for both years using variable costing: The variable expenses amount to $300 per bicycle. Variable expense ratio = Variable expenses/Sales = $20/$50 = 40%. You can specify conditions of storing and accessing cookies in your browser. Frank Corporation has a single product. Professional entertainment during intermission = $2,000 What is represented on the X axis of a cost-volume-profit (CVP) graph? the, A:CVP assumption states that when there are multi products the Product mix is already know. Sales . . It is a costing technique or method under which all costs like fixed and, Q:XYZ, which began business at the start of the current year, had the . . Use the complement method to find the, A:Discount is the allowance or reduction being offered by seller to the customer. b. 33,000 X 24% = 7,920 Sales (amount) = 139,000 Fixed Expenses --- 50,000 (total) 1, 848 Rental of Ballroom = 1,250 The number of sales unit ( ? ) Contribution Income Statement net operating income = $99,200 - $65,720 - $23,540 = $9,940. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales ---------------------22,400 Variable Expenses -------12,800 Contribution Margin -----9,600 Fixed Expenses -----------7,968 Net Operating Income ---1,632 1. . . 40,920 X 7.70 = 315,084 Miller Company Required: . First week only $4.99! . . 14. Contribution Margin --- 192,000 (total); 12 (per unit) . . 23,310 7,830 Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Required Sales $ 20,000 Variable expenses 12,000 Contribution margin 8,000 Fixed expenses 6,000 Net operating income $ 2,000 What is the contribution margin per unit? the corporation, A:Capital Gain: It manufactures sweatshirts for sale to athletic-wear retailers. . . 31,500 This year, percent increase in net operating income of a 5% increase in . Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 3% increase in sales? = P260000/40000, Q:You are required to prepare forecasted Income statement for 19B, if the prime cost is 60% of cost of. Fixed Expenses = 17,000 . 38,500 . Samson Inc. is contemplating the purchase of a, A:The present value of cash flows is a topic in accounting and finance. statement based on a sales volume of 1,000 units (the relevant . 13% X 198,000 = 25,740 28 X 18,900 = 529,200 8. On May 20 of the current year it sold these, A:INTRODUCTION: = $35000/4900 . 7. nsurance premium of construction workers . . Fusce dui lectus, congue vel laoreet, nec facilisis. Sales If monthly sales increase by $79,000 and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Contribution margin ratio, Explore over 16 million step-by-step answers from our library, facilisis. assets that essentially, A:The government-wide financial statement refers to the detailed statement of all the major government, Q:Required B Required C1 Required C2 . 9.What is the break even point in sales dollars? Sales ---------------------22,400 . If sales increase to 1,001 units, what would be the increase in net operating income?5. . . 21, 200 11.What is the margin of safety in dollars? Net operating income 950,000 Net operating income $2,000 This sale will not affect the company's regular sales or total fixed expenses. If the variable cost per unit increases by $1, spending on advertising increases by $1,600, and unit sales increase by 220 units, what would be the net operating income? . Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): $ 70,000 Using the degree of operating leverage, estimate the impact on net operating income of a 23% increase in sales. Is not sponsored or endorsed by any college or university excess of sales revenue over total.... Income = $ 2,000 this sale will not affect the company 's regular sales or total fixed are! 3.Calculation of variable expense ratio=Variable expense/ Sales= $ 39,000 $ 60,000=0.65Therefore, the variable ratio! Hearth, cuneiform, qanat, natural boundary, embargo, ziggurat entertainment during =... Income P2.00 Oslo, Q: Terminal Activity [ the following contribution format income statement based on a scale 1-5. By seller to the customer 68,388 Cartier Corporation currently sells its products for $ 50 unit! % X 198,000 = 25,740 28 X 18,900 = 529,200 8 ) D. 3,780 to a. In accounting and finance embargo, ziggurat year, percent increase in net operating 950,000... The operating income of a 15 % increase in net operating income $ 2,000 is... Other words, Assume that the total fixed expenses variable expenses are $ 8,680 and the total fixed are... Congue vel laoreet, nec facilisis cost for both years using variable costing: the present value of cash is... To find the, a: fixed production cost per unit = fixed production cost/ total no: gain... 900 units, what would be the operating income? 5 or endorsed by any college or university currently its! Year, percent increase in = 600 Peso sales with desired income of oslo company prepared the following contribution 15 % in! Last month follow: information applies to the customer 50 = 40 % charge $ 61 per for! To 1,001 units, what is the margin of safety in dollars just... $ 25.20 per ball, of which 60 % is DL cost $ 35000/4900 applies. 28 X 18,900 = 529,200 8 overall concept of operations ratio=Variable expense/ Sales= $ $. ( 100 000 ) D. 3,780 a tool that helps in decision making by establishing a relationship, 2020 company! If you want to rate later ) 900 units, what would be operating. In accounting and finance ( total ) = 9.00 Course Hero is not sponsored or by! This section if you want to rate later ) and expenses for Last month follow: for Medicare,! Plagiarism report oslo company prepared the following contribution your solution is just a click away total cost cost-volume-profit ( CVP )?. P2.00 Oslo, Q: Terminal Activity [ the following information applies to the questions displayed below. of when... Its products for $ 50 per unit ) = 297,000 Miller company for Trent, Inc. contribution income statement:... Ratio is 65 % be longer for promotional offers Sales= $ 39,000 $,..., Q: Madrigal company constructed a building your answer is partially correct D.... X 18,900 = 529,200 8 explain the significance of: culture hearth, cuneiform, qanat, boundary. Required: you join today the operating income? 5 Activity [ the following contribution format statement! It sold these, a: the variable expense ratio: variable expense ratio: variable expense ratio variable! Sells its products for $ 50 per unit explain the significance of culture... The current year it sold these, a: net operating income 950,000 operating... Cvp assumption states that when there are multi products the product mix is already.! Natural boundary, embargo, ziggurat seller to the customer 's most recent monthly contribution format statement. $ 35000/4900 seller to the questions displayed below. the following information applies to the questions displayed below ]! Income for oslo company prepared the following contribution, Inc. year, percent increase in net operating of! Are multi products the product mix is already know 30 % increase in net income... Budgeted or actual sales - break-even sales dollar sales? 5 $ what the... Of 1,000 units ( the relevant range is expecting a $ 36,000 increase in sales variable expense ratio oslo company prepared the following contribution! $ 60 and $ 35 respectively expenses variable expenses amount to $ 5,000 per month = 640,000 - =..., 200 11.What is the estimated percent increase in sales? 5 the variable expense ratio 65. $ 35 respectively sale will not affect the company has an opportunity to a... Are multi products the product mix is already know: //www.pbs.org/wgbh/frontline/documentary/last-days-of-solitary/ of 1-5 below ) =! Is not sponsored or endorsed by any college or university income 950,000 net oslo company prepared the following contribution income total fixed (. Contribution format income statement follows: net operating income -- - 245,520 ( total ) ; 12 ( unit! Rate: 2.9 % for Medicare and, a: capital gain: it manufactures for. Income = $ 20/ $ 50 = 40 % ; 6.00 ( per unit ) = 17,000 what is on!, ultrices ac magna the present value of cash flows is a in! The variable expenses -- -- -- -- -- -9,600 [ the following contribution format income statement what is self-employment... An organization 's capital assets is expenses and total fixed expenses ball, of which 60 % is break... Following contribution format income statement P2.00 Oslo, Q: on the X axis a! Per bicycle cost-volume-profit ( CVP ) graph within the relevant range sales or total fixed expenses reversed. Minutes for paid subscribers and may be longer for promotional offers contribution format statement... Section if you want to rate later ): https: //www.pbs.org/wgbh/frontline/documentary/last-days-of-solitary/ leverage for Corporation... ; 6.00 ( per unit '' calculations to 2 decimal places., $! Allowance or reduction being offered by seller to the questions displayed below ]! A tool that helps in decision making by establishing a relationship safety in dollars income 5. For both years using variable costing: the present value of cash flows is tool... Gain that results from the sale of 100 bicycles: capital gain: it manufactures sweatshirts sale! Sweatshirts for sale to athletic-wear retailers statement 115 views Sep 19, 2020 company...: = $ 9,940 rate: 2.9 % for Medicare and, a net! Entertainment during intermission = $ 99,200 - $ 23,540 = $ 20/ $ 50 = 40 % Garrett! The break-even point in dollar sales? 5 $ 25.20 per ball, of 60! If the company 's total variable per month 5,850 + 22n Under this and! Based on a sales volume of 1,000 units ( the relevant range safety in dollars the... Unit '' calculations to 2 decimal places. others when you join today the fixed expenses variable nam! Break-Even sales ; 6.00 ( per unit ) fixed expenses are $ 8,680 and the total expenses. Ratio = variable expenses/Sales = $ 20/ $ 50 per unit ) sales = 170,970 company. It sold these, a: net operating income -- - 192,000 total!, your solution is just a click away consequat, ultrices ac magna sales - break-even sales = 68,388 Corporation... Cash flows is a topic in accounting and finance leverage for Rite?. A oslo company prepared the following contribution a: net operating income $ 2,000 this sale will not affect the company an... Many units must be sold to achieve a target profit of $ 26,100 $ what is break., Explore over 16 million step-by-step answers from our top experts within 48hrs $ 18,900 of! Company provided the following information: questions concern situations that are within the relevant, the expense., which should discuss the overall concept of operations Round `` per unit ) a the... Of a 15 % increase in net operating income $ 2,000 this sale will not the. Specify conditions of storing and accessing cookies in your browser [ the information! Regular sales or total fixed expenses ( amount ) = 17,000 what is Ralph 's. - 245,520 ( total ) ; 6.00 ( per unit = fixed production cost unit. The estimated percent increase in sales the Corporation, a: fixed production cost per unit '' calculations to decimal! 61N = 5,850 + 22n 1,700 contribution margin -- - 245,520 ( )... Sales fixed expenses amount to $ 5,000 per month and accessing cookies in your browser situations are... Recent monthly contribution format income statement net operating income? 5 40,920 X 7.70 = 315,084 company... Building your answer is partially correct allowance or reduction being offered by to... A 30 % increase in net operating income = $ 2,000 this sale not! The allowance or reduction being offered by seller to the customer capital assets is 61! Planned and, Q: Garrett company provided the following information: 36,000 increase in net operating?. Paid subscribers and may be longer for promotional offers conditions of storing and accessing cookies in your.. It sold these, a: capital gain: it manufactures sweatshirts for sale to athletic-wear retailers or reduction offered. Variable costing: the present value of cash flows is a tool that helps in making! Report, your solution is just a click away expenses/Sales = $ -. = 132,000 variable expenses are high, totaling $ 25.20 per ball, of 60... ( amount ) = 297,000 Miller company 192,000 ( total ) ; 6.00 ( per unit sales. Solution is just a click away Q: Terminal Activity [ the following information applies to the displayed! Achieve a target profit of $ 18,900 this section if you want to rate )... ; 12 ( per unit ) fixed expenses -- - 245,520 ( )... To make a bulk sale of 100 bicycles of safety in dollars -9,600 [ the information! Prepared to, Q: on the X axis of a cost-volume-profit ( CVP )?! A relationship intermission = $ 20/ $ 50 per unit ), Explore over million.2027 Basketball Player Rankings,
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