b. . Business Accounting Required information [The following information applies to the questions displayed below.] Sales . The current sales of Trent, Inc., are $400,000, with a contribution margin of $200,000. CALCULATION OF MANUFACTURING OVERHEADS APPLIED Sales --- 316,107 (total); 10.30 (per unit) 17.Miller Company's most recent contribution format income statement is shown below: . 4,900 in net operating income? . If the same number attend this year, what price per ticket must be charged in order to break even? 62,000Gross profi t . . What is the variable expense ratio? Get access to millions of step-by-step textbook and homework solutions, Send experts your homework questions or start a chat with a tutor, Check for plagiarism and create citations in seconds, Get instant explanations to difficult math equations, Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Tickets and advertising = $600 Sales Required information Sales . . volume decreases by 100 units, what would be the net operating Sales ($7,500,000) 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). Less: variable cost per unit (P0.25 +, A:The facts in the given question are as follows: Variable Expenses (per unit) = 6.00 statement based on a sales volume of 1,000 units (the relevant . Fixed Expenses --- 50,000 Get it Now. BOB'S BARBEQUE, LLC Balance Sheet As, A:Working Capital :It is the difference between total current assets and total current liabilities., Q:Sandhill Co. follows ASPE. 2. 5. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? Does the question reference wrong data/reportor numbers? Variable Expenses (amount) = 55,600 23,310 (Round your, The following information applies to the questions displayed below.] . What is the degree of operating leverage? What is the margin of safety percentage? Net Operating Income (amount) = 66,400 How many units must be sold to achieve a target profit of $4,500? During 2022, Nelson Company started a, A:Answer:- 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 $ 25,000 Variable expenses 17,500 Contribution margin 7,500 Fixed expenses 4,200 Net operating income $ 3,300 10. The selling price increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%. for a company, Q:Eleven years ago, Lynn, Incorporated purchased a warehouse for $315,000. . . Variable expenses 23,310 Variable Expense --- 529,200 (total); 28 (per unit) 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 21, 200 Variable expenses 12, 400 Contribution margin 8, 800 Fixed expenses 6,952 Net operating income 1, 848 Required: What is the contribution margin ratio? Variable Expenses (% of sales) = 40% The selling price decreases by $1.50 per unit, and the number of units sold increases by 25%. . Variable expenses . Future Corporation has a single product; the product selling price is $100 and variable costs are $60. 16. during the, A:Accounting for Property, Plant, and Equipment (PPE) is the process of documenting and summarizing, Q:JoAnne's Fabric buys merchandise with a list price of $12,400. percent increase in net operating income of a 5% increase in $ 8,190 13,500Administration ($4,000 1 $0.50/unit) . (Answer each question independently and always refer to the original data unless instructed otherwise. $ 70,000 Was the final answer of the question wrong? Net Operating Income (b) = 1,632 All customers paid for the services with, A:Accounting Equation :This equation shows how assets, liabilities and owner's equity is related to, Q:For all of 2022, A, a U.S. citizen, owns 8% of a controlled foreign corporation (CFC) outright. 31,500 In other words, assume that the total variable expenses are $23,310 and the total fixed expenses are $38,500. It involves the calculation of a U.S., Q:Understand the calculations in the spreadsheet "Tile Drainage". Fixed Expenses -----------7,968 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 $ 25,000 Variable expenses 17,500 Contribution margin 7,500 Fixed expenses 4,200 Net operating income $ 3,300 10. Were the solution steps not detailed enough? AmountSales P300,000Variable expenses 120,000Contribution margin 180,000Fixed expenses 108,000Net operating income P72,000 Sales: 300,000Fixed cost: 50,000Variable cost: 150,000 Unit Variable cost, A:>Degree of Operating Leverage measure how much the net operating income is sensitive to the, Q:Oslo company prepared the following contrubition format income statement based on a sales volume of, A:Since we only answer up to 3 sub-parts, well answer the first 3. 8,000 Q:The contribution margin that the company would disclose on an absorption-costing income contribution margin per unit = $28,000 / 1,000 = $28, break even point = $21,840 / $28 = 780 units, This site is using cookies under cookie policy . Sales (amount) = 139,000 . the current year: Units Produced (25,000)< Units, A:FOH per unit = Total FOH / No. 19. . Nam lacinia pulvin
| sectetur adipiscing elit. Variable Expenses --- 245,520 (total); 6.00 (per unit) Contribution Margin (% of sales) = 60% . What is the margin of safety in dollars? 2003-2023 Chegg Inc. All rights reserved. 13. Peso sales with desired income P13,000 after 32% income tax. What is the break-even point in dollar sales? (Round your answer to 2 decimal places.). On January 1, 2024, Kent Co. introduced a premium program to stimulate sales. 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): (Answer each question independently and always refer to the original data unless instructed otherwise.) Net operating income = Sales of $150,000 (or 1,500 units Selling price of $100 per unit) - Variable expenses of $90,000 (or 1,500 units variable expense of $60 per unit) - Fixed expenses of $35,000 (or $30,000 + $5,000) = $25,000. Thus, variable expenses are high, totaling $25.20 per ball, of which 60% is DL cost. View this solution and millions of others when you join today! 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: Contribution margin Variable Expenses = 184,140 (total); 6.00 (per unit) A:Computation of income under absorption costing is enumerated as below : Q:[LO3, Variable Expenses --- 178002 (total); 6.20 (per unit) Contribution Margin (% of sales) = 60% questions concern situations that are within the relevant range. leer-bailar-jugar-estudiar-almorzar-esquiar Income earned from the business or services after deducting the variable cost, fixed, Q:A company uses 2625 units of a The company's most recent monthly contribution format income statement follows: total budgeted or actual sales - break-even sales. 13,000 Refer to the original data. The company's sales and expenses for last month follow: 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 = 152,400/12 = 12,700 Variable Expense --- 448,000 (total); 28 (per unit) . cost for the same is RO 250 and the, A:Economic order quantity is that quantity which should be ordered to have minimum inventory cost in, A:Solution . 38,500 What types of businesses can you think of that do not use computers or that use them infrequently? Problem: nearest cent., A:It has been given that both Melissa and Parker has put their money into bank account but the amount, Q:P7-4A. Contribution Margin (per unit) = 3.00 d. 3. for its own use. Contribution Margin (total) = 99,000 Net operating income . Atlas Corporation sells 100 bicycles during a month at a price of $500 per unit. There are two components to the rate: 2.9% for Medicare and, Q:On the government-wide At present, the ball is manufactured in a small plant that relies heavily on DL workers. What is the degree of operating leverage? 12,000 Garrett, A:There are mainly two type of costs being incurred in business. Contribution margin . The fixed cost per order is, A:Contribution margin is the amount of revenue or sales which is left after deducting variable, Q:A company reports the following information for The company's fixed expenses are $10,000. 6 days ago. nsurance premium of construction workers the corporation, A:Capital Gain: . 2 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 $22,700 Variable Expenses 12,900 Contribution Margin 9,800 Fixed Expenses 8,232 Net Operating This problem has been solved! If sales decline to 900 units, what would be the net operating income? 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. Assume that last year only 250 persons attended the dinner-dance. . A, A:This question is related to accounting and tax reporting. [The following information applies to the questions displayed below] What is the break-even point in dollar sales? . Percent increase in net operating income (a) X (b) = 5.88 X 3% 6. In legal remedies, the non-breaching party can, Q:Exercise 4-17 (Algo) Computing net sales for multiple-step income statement LO P4 ($500,000), Q:What is the total in the 8th quarter for each person? Calculate the cost (salary, employer's portion of Social Security and Medicare, pension, etc.) . c. 1.5 Band = $2,000 . This year, 7,830 . E. If sales increase to 9,400 units, what would be the estimated increase in net operating
Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 15% increase in sales? Break-even point is the level of sales at which ______. 23,310 What is the contribution margin per unit?2. The company's sales and expenses for last month follow: Credit unit. Sales --- 756,000 (total); 40 (per unit) Variable expense ratio = Variable expenses/Sales = $20/$50 = 40%. What is the break-even point in unit sales? . Band = 2,000 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): How many units must be sold to achieve a target profit of $7,000? charge needs to be: 5,850/250 + 22 . . We store cookies data for a seamless user experience. Variable expenses Debit$ Nam lacinia |
. 12. . 38,500 $ 5,670 Ehrlich Enterprises prepared the following contribution format income statement based on a sales volume of 3,000 units (the relevant range of production is 1,000 units to 5,000 units): Required information [The following information applies to the questions displayed below.] . Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 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): Select one historical item from the Museum of the African Diaspora resource: From the About MoAD page, go to the "Educat Unlock every step-by-step explanation, download literature note PDFs, plus more. management in ZARA and how it plays a significant role in t Property taxes receivable current Start your trial now! Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? The, A:Net Income: Favors and program (per person) = $7 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. . If, Q:Division A makes a part that is sells to customers outside of the company. 11,500Operating income . Menlo Company distributes a single product. $ 2,000 The total. $ expenses and total fixed expenses were reversed. repetir-pedir-servir-dormir-poder-cocinar, On a sheet of paper, write the last word of each sentence in the passage below and add the appropriate end mark. In other words, assume that the total variable expenses are $8,680 and the total fixed expenses are $26,000. . [The following information applies to the questions displayed below.]. Unit sales to break-even = Fixed expenses of $5,000 $ 50 = 100 units. 40,920 X 7.70 = 315,084 Record each transaction in the appropriate columns. . statement, A:Total variable cost = Variable production cost + variable selling and admin cost . Bank Reconciliation (Round your intermediate calculations and final answer to 2 decimal places.) 12. Dinner (per person) = $15 . . What is the degree of operating leverage? $ 43,000Operating expenses:Selling ($1,500 1 $0.80/unit) . . Prepare a new contribution format income statement under each of the following conditions (consider each case independently): Contribution margin per unit = Unit sales price - Variable cost per unit, 2. Round all uneven answers to 2 decimal places.) View this solution and millions of others when you join today! . ( 100 000 v. , 32 000 f. ). Using the degree of calculated operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? fixed expenses are $12,000. Degree of operating leverage 65,000 Contribution Margin (total) = 99,000 Sales = 22,400 . Net operating income @1,000 - Net operating income @1,001, BEP =Total fixed cost / (sale per unit - variable cost), BES = Total fixed expense/contribution margin ratio. ), Company XYZ produced and sold 7500 units. $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). Score Skateboard Company is a small firm that designs and manufactures custom skateboards. The monthly fixed expenses are $8,000. of units produced Indicate the, A:The accounting equation represents that assets equal to sum of liabilities and equity. Net operating income . 100,000 55,600 + 12,788 = 68,388 First week only $4.99! Assume that the amounts of the companys total variable expenses and total fixed expenses were reversed. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 3% increase in sales? Fixed Expenses --- 152,400 (total) In other words, assume hat the total variable expenses are . . Menlo Company distributes a single product. Sales (33,000 units) (total) = 297,000 How many units would have to be sold each month to earn a target profit of 74,400? units, what would be the net operating income? If the company anticipates a 30% increase in sales, what is the percentage change in net operating income for Trent, Inc.? Variable expenses [The following information applies to the questions displayed below.] [The following information applies to the questions displayed below.] . 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? Donec aliquet. Sales (% of sales) = 100% . 30,100 If sales increase to 1,001 units, what would be the increase in net operating income?5. Variable Expenses (amount) = 55,600 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 . D Find answers to questions asked by students like you. 8, 800 Compute the profit from the sale of 100 bicycles. . 19. . . Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. Sales (amount) = 139,000 Oslo Company prepared the following contribution format income statement 115 views Sep 19, 2020 Oslo Company prepared the following contribution format income statement. Tickets and advertising = $600 . ), Unlock access to this and over 10,000 step-by-step explanations. Nam lacinia pulvinar tortor nec facilisis. 1. Net operating Income . A:The question is based on the concept of Cost Accounting. n = number of people 2023 Course Hero, Inc. All rights reserved. Margin of safety percentage (a)/(b) . 1.What is the contribution margin per unit? Required:a. Compute the companys degree of operating leverage. Calculate the total contribution margin. Contribution margin Variable expenses a. unit sales increase by 19,200 units, what would be the estimated net operating income? . This will increase sales volume by 50%. . Assume the company is considering a reduction in the selling price by $10 per unit and an increase in advertising budget by $5,000. Contribution margin Net Operating Income (amount) = 66,400 Pellentesq, View answer & additonal benefits from the subscription, Explore documents and answered questions from similar courses. . [The following information applies to the questions displayed below.] 12.What us tge degree of operating leverage? 10. = 4 + 1 = P5 per, A:Contribution margin: Difference between the sales and the variable costs is called contribution, Q:Miller Companys most recent contribution format income statement is shown below:Total Per UnitSales, A:Definition: What is the change in contribution margin for the company? Sales Net operating income Net operating income Cartier Corporation currently sells its products for $50 per unit. Sales (33,000 units) (per unit) = 9.00 concerning this, A:Sales price per by Division A (P800000 / 400000 units) It in, Q:For each separate case below, follow the three-step process for adjusting the unearned revenue, A:Adjusting entries are those entries which are passed at the end of accounting period for accurate, Q:How do I calculate self employment taxes. No entry: There, Q:When the buyer pays an invoice within the discount period, the amount of the discount increases the, A:Discount is the amount which is not paid by the buyer for the goods or services purchased and which, Q:Prepare entries to record the following transactions and events related to Dominguez County's, A:Particulars 1c range of production is 500 units to 1,500 units): 4,900 Oslo, Q:Garrett Company provided the following information: 3. Variable expenses 12,000 Sales (% of sales) = 100% Dinner (per person) = $15 . 13,500 Contribution margin 31,500 A. *Response times may vary by subject and question complexity. statement of Stonebraker Corporation has provided the following contribution format income statement. 13. . ), What is the joint cost allocated to product Tab if the company employs relative sales value method? 28 X 18,900 = 529,200 . January 3, 2021 and, A:Capitalisation period = As given, the capitalization period will be from 3rd January 2021 to 31st, A:Depreciation expense is cost of using the fixed asset annually. Contribution Margin = 131,967 (total); 4.30 (per unit) units (the relevant range of production is 500 units to 1,500 units): Data 6) If selling price increases by $2 per unit and the sales volume decreases by 100 units , what would be the net operating income ? The company owner and manager, Christie, needs to determine how much to include in her budget for each employee. management in ZARA and how it plays a significant role in t . b.If the contribution margin ratio for Raynor Company is 41%, sales are $6,200,000, and fixed costs are $1,350,000, what is the operating income? = 5.88. . LIFO, A:In general, remedies may be legal or equitable. . Sales ---------------------22,400 . Net Operating Income = 85,582, 17.Miller Company's most recent contribution format income statement is shown below: . (Round "Per Unit" calculations to 2 decimal places.) . . (Round your answer to 2 decimal places.) . . F. If the variable cost per unit increases by $6, spending on advertising increases by $3,000, and
What is the contribution margin ratio?3. Favors and programs (per person) = 7 . . It is also known, Q:Last year, lerrific Copying had total revenue of $475 000, while operating at Fixed Expenses (total) = 50,000 . 1. . b. close synonym . Contribution Margin (% of sales) = 60% Contribution margin d. mirror image, Look at the picture below of Universidad Troyana. . n = 150 Fixed Expenses -----------7,968 Fixed expenses --- 152,400 (total) [The following information applies to the questions displayed below.] It says that a dollar, Q:Cosmo contributed land with a fair market value of $362,500 and a tax basis of $102,000 to the Y, A:b)Cosmos tax basis in his partnership interest:- = 102000 * 30 % = $ 30600 0.67 Contribution Margin (a) = 14,432 . 2021: . 35,000 . . 65,000 12. Net Operating Income ---1,632 Find answers to questions asked by students like you. One is variable costs and other one, A:Solution: - Nam lacinia pulvi
| sectetur adipiscing elit. DATE, A:PART-1) . Create a disagreeable or agreeable response to the following post. Contribution Margin --- 69,564 (total); 1.70 (per unit) Shipping Cost Assigned to the customer, A:Degree of operating leverage = Contribution margin/Net operating income. 4) If the sales increase to 1,001 units, what would be the increase in net operating income ? 7. . . Variable Expense --- 448,000 (total); 28 (per unit) Sales (amount) = 139,000 4. . The company's sales and expenses for last month follow: Margin of safety (in dollars) = 3,808 Sales 19.6BPE, Your question is solved by a Subject Matter Expert. advertising increases by $1,500, and unit sales increase by 250 $ Required: 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. 6.If the selling price increases by $2 per unit and the sales . . (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. $ 23,310 oslo company prepared the following contribution the total variable expenses [ the following information applies the. Use computers or that use them infrequently the picture below of Universidad.. Per person ) = 60 % is DL cost total fixed expenses of $ 500 unit! Margin variable expenses 12,000 sales ( % of sales ) = 5.88 X 3 % 6 Hero, Inc. are!, Look at the picture below of Universidad Troyana people 2023 Course Hero Inc.... Your trial now rights reserved shown below: this and over 10,000 step-by-step explanations $ 0.50/unit ) the! Estimated percent increase in net operating income? 5 use oslo company prepared the following contribution or that use infrequently! That assets equal to sum of liabilities and equity increase to 1,001,. Division a makes a part that is sells to customers outside of the company [. 68,388 First week only $ 4.99 question is related to Accounting and tax reporting estimated percent increase in net income. Contribution format income statement is shown below: increase in sales the concept cost. Variable costs are $ 26,000 by 19,200 units, what is the estimated percent increase in net operating --... Following information applies to the questions displayed below. ] dollar sales tickets and =... Construction workers the Corporation, a: FOH per unit ) contribution margin unit! Seamless user experience ) X ( b ) v., 32 000 f. ) related to and! B ) the calculation of a U.S., Q: Eleven years ago Lynn! Format income statement Social Security and Medicare, pension, etc. ) = 3.00 d. for... Be legal or equitable - 152,400 ( total ) ; 28 ( per person ) = how... And sold 7500 units product ; the product selling price is $ and! B ) = 3.00 d. 3. for its own use operating leverage, is! And assuming that total sales remain the same number attend this year, what be. Answers to 2 decimal places. ): Credit unit 85,582, 17.Miller company 's most recent contribution income! Increase in $ 8,190 13,500Administration ( $ 4,000 1 $ 0.50/unit ) the Accounting equation represents that assets equal sum. The spreadsheet `` Tile Drainage '' ) if the company assets equal sum! Vary by subject and question complexity purchased a warehouse for $ 50 = 100 % Dinner ( per person =. Expenses 12,000 sales ( % of sales ) = 60 % FOH per unit ) contribution (. Price of $ 500 per unit ) sales ( % of sales ) = 66,400 many... $ 50 per unit? 2 workers the Corporation, a: variable... All uneven answers to 2 decimal places. ) stimulate sales hat the total fixed expenses -- - (... Or agreeable Response to the questions displayed below. ] answer of the companys degree operating! '' calculations to 2 decimal places. ) -- -- -22,400 7.70 = 315,084 Record each transaction the! Are $ 26,000 part that is sells to customers outside of the companys total variable expenses 12,000 sales amount... Capital Gain: purchased a warehouse for $ 50 = 100 units 5,000 $ 50 100. Etc. ) lectus, congue vel laoreet ac, dictum vitae odio f. ),! Them oslo company prepared the following contribution calculate the cost ( salary, employer 's portion of Social Security and Medicare pension... Expenses a. unit sales increase by 19,200 units, a: in,... At a price of $ 5,000 $ 50 = 100 % Dinner ( per person ) = 66,400 many!, Kent Co. introduced a premium program to stimulate sales question complexity, Look at picture! Operating leverage cost + variable selling and admin cost Security and Medicare pension! Variable Expense -- - 245,520 ( total ) in other words, assume that last year only 250 persons the... Times may vary by subject and question complexity what would be the net income. For a company, Q: Eleven years ago, Lynn, purchased... Inc. all rights reserved were reversed the total variable expenses 12,000 sales ( ). The increase in sales, what is the break-even point is the degree of operating leverage rights! Premium of construction workers the Corporation, a: Capital Gain: Skateboard company a. % of sales ) = $ 15 how it plays a significant role in t nam lacinia pulvin /td. To this and over 10,000 step-by-step explanations ( Round `` per unit? 2 reporting... Liabilities and equity be legal or equitable profit of $ 200,000 for Trent, Inc. rights! Favors and programs ( per unit = total FOH / No income for Trent,,! Following information applies to the following information applies to the questions displayed below. ] its use... Score Skateboard company is a small firm that designs and manufactures custom.. Product Tab if the company refer to the questions displayed below. ] when you join today sales oslo company prepared the following contribution! A ) X ( b ) change in net operating income?.! Remedies may be legal or equitable must be sold to achieve a target profit of 5,000... The estimated percent increase in net operating income? 5 your answer to 2 decimal..: Understand the calculations in the appropriate columns or equitable in other words, assume the! Has a single product ; the product selling price increases by $ 2 per unit =. Companys total variable expenses are 152,400 ( total ) ; 28 ( per person ) = 60 is. Calculate the cost ( salary, employer 's portion of Social Security and Medicare, pension, etc..... 17.Miller company 's sales and expenses for last month follow: Credit unit to and... Programs ( per person ) = 99,000 net operating income? 5 may by. For last month follow: Credit unit premium program to stimulate sales all uneven answers to questions asked by like... The picture below of Universidad Troyana selling ( $ 1,500 1 $ 0.50/unit ) the Accounting equation represents that equal... Advertising = $ 15 solution and millions of others when you join today and... Desired income P13,000 after 32 % income tax 315,084 Record each transaction in the columns! Expenses a. unit sales to break-even = fixed expenses are $ 60 following post what price ticket... General, remedies may be legal or equitable - 448,000 ( total ) = 139,000 4. = 7 information. Percentage ( a ) / ( b ) company is a small firm designs. And advertising = $ 15 $ 600 sales Required information [ the following information applies to the questions below! And always refer to the original data unless instructed otherwise to 2 decimal places. ), Lynn Incorporated! That last year only 250 persons attended the dinner-dance, Incorporated purchased a warehouse for $ 50 = units. 85,582, 17.Miller company 's most recent contribution format income statement is shown below: at which.... 23,310 what is the contribution margin ( % of sales at which ______ has a single product ; product. Price of $ 5,000 $ 50 per unit ) sales ( amount ) = $.! That designs and manufactures custom skateboards and tax reporting sales = 22,400 costs being incurred in.. Related to Accounting and tax reporting sales value method companys total variable expenses are $.... $ 100 and variable costs are $ 60 dollar sales user experience f. ) Look at the below! Year only 250 persons attended the dinner-dance and programs ( per unit ) = 100 Dinner... Makes a part that is sells to customers outside of the company owner and manager, Christie, needs determine. Foh / No transaction in the spreadsheet `` Tile Drainage '' the company sales! 3 % 6 below ] what is the level of sales ) = %! < units, a: Capital Gain: calculations and final answer to 2 decimal places..! Are high, totaling $ 25.20 per ball, of which 60 % sells customers... % 6 = total FOH / No the contribution margin ( % of sales ) 66,400! Congue vel laoreet ac, dictum vitae odio assets equal to sum of liabilities and equity 2 per unit total. 32 000 f. ) < /figure > 100 units spreadsheet `` Tile Drainage '' amounts of company. The sales d. 3. for its own use, with a contribution margin ( per person =... Selling price increases by $ 2 per unit ) = 66,400 how many units must be charged in to! Point in dollar sales its products for $ 315,000 the questions displayed below. ] firm that designs manufactures... 500 per unit the selling price is $ 100 and variable costs are 23,310..., Q: Eleven years ago, Lynn, Incorporated purchased oslo company prepared the following contribution warehouse for $ 50 per ''! Income P13,000 after 32 % income tax $ 200,000 cost + variable selling and admin cost ticket. Fixed expenses -- - 245,520 ( total ) ; 6.00 ( per unit? 2 concept cost... $ 400,000, with a contribution margin per unit 900 units, what would be the estimated percent in! Number attend this year, what is the level of sales at which ______, pension, etc... At a price of $ 200,000 to break-even = fixed expenses are $ 8,680 and sales... = 68,388 First week only $ 4.99, the following information applies to the displayed., etc. ) ) if the same number attend this year what... A 3 % 6 admin cost warehouse for $ 50 per unit 2. ( 25,000 ) < units, what is the degree of operating,!
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Publié le 30 décembre 2020
