Question Vanrye Produces Dutch Cheese Blocks And Shows The Following Information For The Past Year Sales 36 000 Less 1 (30.68 KiB) Viewed 23 times
Question Vanrye Produces Dutch Cheese Blocks And Shows The Following Information For The Past Year Sales 36 000 Less 2 (56.01 KiB) Viewed 23 times
Question: VanRye produces Dutch cheese blocks and shows the following information for the past year: Sales $ 36,000 Less: Variable costs $ 16.200 Contribution margin $ 19,800 Less: Fixed costs $ 16,610 Operating income $ 3,190 The company sold 360 blocks during the year. Required: Using cost-volume-profit analysis, answer the following questions.
What is the company's contribution margin ratio? AM What is the company's breakeven point in blocks? AM How many blocks would the company have to sell to attain a target operating income of $2,035? A/ What is the company's margin of safety in units for blocks? A What is the company's degree of operating leverage? Round to 2 decimal places. Use the rounded answer you just entered to calculate the answer to this question, If sales increase by 12%, operating income would increase by $ A/
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