Homework Help Question & Answers

on any prout me company's sales and expenses for last month follow. Per Unit Sales Variable...


on any prout me companys sales and expenses for last month follow. Per Unit Sales Variable expenses Contribution margin Pixe
cwer hy preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute th
on any prout me company's sales and expenses for last month follow. Per Unit Sales Variable expenses Contribution margin Pixed expenses Net operating income Total 5 636,000 445,200 190,800 153,600 $ 37,200 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 $62.400? 3-b. 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 $59,000 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. Req 1 Req 2 Req 3A Reg 38 Reg 4 Req 5 What is the monthly break-even point in unit sales and in dollar sales? units Break-even point in unit sales Break-even point in dollar sales Reg 2 > < Prey 2 of 2 Next >
cwer hy 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 $59,000 per month and there is no change in fixed expens 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 Reg 5 Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Total Per Unit
0 0
Add a comment
Answer #1

Given, mento company sales and Expenses for the month Totel Peronit Sales $636,000 $10 variable Erepenses $145,200 $98 $12 fiBrek Even Point in dollars) 3 $445,200 0.30 - $ 1,486,000 2. Contribution margin at Break Even point: Contribution margin = Cat in Come statiment sales in 18.000 units - Rasti aulass Sales (18,000 units x $40 variable Cost (18,000 units X $28) Amount2. Contribution margin Ratio if sales encreased by $59,000 Per mouth Particulars Amount ($) Current month Sales $636,000 + In

----------×---------

Happy HomeworkLibing

Add a comment
Know the answer?
Add Answer to:
on any prout me company's sales and expenses for last month follow. Per Unit Sales Variable...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coin

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per Unit $ 40 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 608,888 425,600 182,400 146,400 $ 36,000 S. 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per Unit $20 14 Sal...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per Unit $20 14 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 312,000 218,400 93,600 73,800 $ 19,800 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 314,000 219,800 94,200 75,000 $ 19, 200 Per Unit $20 14 $ 6 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per Unit S20 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 300,000 215,600 92,400 72,600 $ 19,800 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per Unit $20 Total '$ 308,000 215,600 92,400 76,800 $ 15,600 $ Sales Variable expenses Contribution margin Fixed expenses Net operating income 6 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 306,000 214,200 91,800 77,400 $ 14,400 Per Unit $20 14 $ 6 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total $ 318,000 222,600 Per Unit $20 14 $ 6 Sales Variable expenses Contribution margin Fixed expenses Net operating income 95, 400 75,000 $ 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 624,000 436,800 187,200 145,200 $ 42,000 Per Unit $ 40 28 $ 12 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Per Unit Total Sales Variable expenses 308,000 20 215,600 14 Contribution margin 6 92,400 Fixed expenses 75,000 17,400 Net operating income 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...

  • Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total...

    Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total Sales Variable expenses Contribution margin Fixed expenses Net operating income Per Unit $ 628, eee $40 439,600 188,4ees 148,800 $ 39,620 ences 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...

Free Homework App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.