Company distributes a single product. The company's sales and expenses for last month follow Total Sales $316,000 221,200 Per Unit 1:20 14 Variable expenses Contribution margin 94,800 $6 Fixed expenses 74,400 Net operating Income 1 20,400 Required: 1 What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break even point? 3-a. How many units would have to be sold each month to attain a target profit of $34,800? 3b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If sales increase by $86,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 1 Rea 34 Ren 2 Meg 36 Req 4 Reg 5
ps://ezto.mheducation.com/ext/map/index. ework i IOI a MEM I. 2. Without resorting to computations, what is the total contribution margin at 3-a. How many units would have to be sold each month to attain a target pro 3-b. Verify your answer by preparing a contribution format income statement 4. Refer to the original data. Compute the company's margin of safety in both 5. What is the company's CM ratio? If sales increase by $86,000 per month a would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 Req What is the monthly break-even point in unit sales and in dollar sales? Break-even point in unit sales units Break-even point in dollar sales < Rec 1 Req 2 > 5
Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B. Req 4 Req 5 Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin < Req 1 Req 3A >
ok t ences Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req 3A Req 38 Req 4 Req 5 How many units would have to be sold each month to attain a target profit of $34,8007 Units sales needed to attain target profit < Req 2 Req 3B >
04:27:45 eBook Print References Mc Graw Mill Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 38 Req 4 Req 5 Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Total Per Unit Req 4 > < Req 3A < Prev 5 of 5 Next >
4:27:37 sok ences Complete this question by entering your answers in the tabs below. Req 1 Req 2 Rea 3A Reg 38 Req 4 Req 5 Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places (1.e. 0.1234 should be entered as 12 34).) Dollars Percentage Margin of safety < Req 38 Req 5 >
moints 04:27:30 eBook Print References would you expect monthly net operaung income to increaser Complete this question by entering your answers in the tabs below. Req 1 Req 2 Reg 3A Reg 38 Reg 4 Req 5 What is the company's CM ratio? If sales increase by $86,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? CM rato De Net operating income increases by < Req 4 Ran>
2 po 5 Gence Exercise 5-18 Break-Even and Target Profit Analysis; Margin of Safety; CM Ratio (LO5-1, LO5-3, LO5-5, LO5-6, LO5-7] Merdo 2 po 5 Gence Exercise 5-18 Break-Even and Target Profit Analysis; Margin of Safety; CM Ratio (LO5-1, LO5-3, LO5-5, LO5-6
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