Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 380,000 Variable expenses...
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 380,000 Variable expenses 228,000 Contribution margin 152,000 Fixed expenses 116,000 Net operating income $ 36,000 What is total contribution margin if sales volume increases by 20%? Multiple Choice $152,000 $43,200 $182,400 $28,800
Homework Answers
Contribution margin ratio = Contribution margin/Sales = 152000/380000 = 40%
Total Sales = 380000*1.2 = 456000
Total Contribution margin = 456000*40% = 182400
So answer is c) $182400
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Schister Systems uses the following data in its
Cost-Volume-Profit analyses: Total Sales $ 380,000 Variable
expenses...
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 325,000 Variable expenses...
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 325,000 Variable expenses 195,000 Contribution margin 130,000 Fixed expenses 105,000 Net operating income $ 25,000 What is total contribution margin if sales volume increases by 30%? Multiple Choice $17,500 $169,000 $32,500 $130,000
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Sales Variable expenses Fixed expenses Total...
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Sales Variable expenses Fixed expenses Total $400,000 280,000 100,000 What is the total contribution margin? Multiple Choice $300,000 O $120,000 O $380,000 о $20,000
EXERCISE 1-17 Classifying Variable and Fixed Costs and Product and Period Costs L01-3, 101-4 Below are...
EXERCISE 1-17 Classifying Variable and Fixed Costs and Product and Period Costs L01-3, 101-4 Below are listed various costs that are found in organizations. 1. Hamburger buns in a Wendy's restaurant. 2. Advertising by a dental office. 3. Apples processed and canned by Del Monte. 4. Shipping canned apples from a Del Monte plant to customers. 5. Insurance on a Bausch & Lomb factory producing contact lenses. 6. Insurance on Nucor's corporate headquarters. 7. Salary of a supervisor overseeing production...
Spartan Systems reported total sales of $365,000. at a price of $20 and per unit variable expenses of $12 for the sa...
Spartan Systems reported total sales of $365,000. at a price of $20 and per unit variable expenses of $12 for the sales of their single product Per Un Sales Variable expenses Contribution margin Total $365 000 219.000 $20 12 146,000 $8 Fixed expenses Net operating income $33,000 What is the amount of contribution margin if sales volume increases by 202 S146.000 O $39.600 O 5175.200 26.400
Spartan Systems reported total sales of $480,000, at a price of $30 and per unit variable...
Spartan Systems reported total sales of $480,000, at a price of $30 and per unit variable expenses of $21. for the sales of their single product. Per Unit Total $480,000 336,000 Sales Variable expenses $30 Contribution margin 144,000 Fixed expenses 118,000 Net operating Income $26,000 What is the amount of contribution margin if sales volume increases by 40%? (Round your intermediate calculations to 2 decimal places and your final answer to the nearest whole number.) $175,500 O $34,500 O $201,600...
Spartan Systems reported total sales of $322,000, at a price of $20 and per unit variable...
Spartan Systems reported total sales of $322,000, at a price of $20 and per unit variable expenses of $12, for the sales of their single product Sales Variable expenses Contribution margin Fored expenses Net operating income Total $ 322.000 193,200 128.800 100,000 28 800 What is the amount of contribution margin if sales volume increases by 25962 O O O $20.125 $16.100 $161.000 5128,800
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed...
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5.4) Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $10.00 Sales (30,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 380,000 210,000 90,000 47,eee $ 43,000 $ 3.ee Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 13%? 2. What is...
gnment Assume the following information: Per Unit $40 15 Sales Variable expenses Contribution margin Fixed expenses...
gnment Assume the following information: Per Unit $40 15 Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $300,000 112,500 187,500 53,000 $134,500 $25 The dollar sales to attain a target profit of $195,000 is: Multiple Choice $396.800 $329.500. signment The dollar sales to attain a target profit of $195,000 is: Multiple Choice $396,800. $329,500. $661.333. $434,500
You have been provided with the following information: Total Sales $ 90,000 Less variable expenses 54,000...
You have been provided with the following information: Total Sales $ 90,000 Less variable expenses 54,000 Contribution margin 36,000 Less fixed expenses 24,000 Operating profit $ 12,000 If sales increase by 10%, what level of fixed costs will yield a 20% increase in profits?
A cement manufacturer has supplied the following data: Tons of cement produced and sold .... Sales...
A cement manufacturer has supplied the following data: Tons of cement produced and sold .... Sales revenue. Variable manufacturing expense.... Fixed manufacturing expense....... Variable selling and administrative expense Fixed selling and administrative expense..... Net operating income...... 260,000 $1,118,000 $429,000 $288,000 $91,000 $228,000 $82,000 Required: a. What is the company's unit contribution margin? b. What is the company's contribution margin ratio? c. If the company increases its unit sales volume by 3% without increasing its fixed expenses, what will total net...
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Sales Variable expenses Fixed expenses Total $400,000 280,000 100,000 What is the total contribution margin? Multiple Choice $300,000 O $120,000 O $380,000 о $20,000
EXERCISE 1-17 Classifying Variable and Fixed Costs and Product and Period Costs L01-3, 101-4 Below are listed various costs that are found in organizations. 1. Hamburger buns in a Wendy's restaurant. 2. Advertising by a dental office. 3. Apples processed and canned by Del Monte. 4. Shipping canned apples from a Del Monte plant to customers. 5. Insurance on a Bausch & Lomb factory producing contact lenses. 6. Insurance on Nucor's corporate headquarters. 7. Salary of a supervisor overseeing production...
Spartan Systems reported total sales of $365,000. at a price of $20 and per unit variable expenses of $12 for the sales of their single product Per Un Sales Variable expenses Contribution margin Total $365 000 219.000 $20 12 146,000 $8 Fixed expenses Net operating income $33,000 What is the amount of contribution margin if sales volume increases by 202 S146.000 O $39.600 O 5175.200 26.400
Spartan Systems reported total sales of $480,000, at a price of $30 and per unit variable expenses of $21. for the sales of their single product. Per Unit Total $480,000 336,000 Sales Variable expenses $30 Contribution margin 144,000 Fixed expenses 118,000 Net operating Income $26,000 What is the amount of contribution margin if sales volume increases by 40%? (Round your intermediate calculations to 2 decimal places and your final answer to the nearest whole number.) $175,500 O $34,500 O $201,600...
Spartan Systems reported total sales of $322,000, at a price of $20 and per unit variable expenses of $12, for the sales of their single product Sales Variable expenses Contribution margin Fored expenses Net operating income Total $ 322.000 193,200 128.800 100,000 28 800 What is the amount of contribution margin if sales volume increases by 25962 O O O $20.125 $16.100 $161.000 5128,800
Check Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5.4) Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $10.00 Sales (30,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 380,000 210,000 90,000 47,eee $ 43,000 $ 3.ee Required: (Consider each case independently 1. What is the revised net operating income if unit sales increase by 13%? 2. What is...
gnment Assume the following information: Per Unit $40 15 Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $300,000 112,500 187,500 53,000 $134,500 $25 The dollar sales to attain a target profit of $195,000 is: Multiple Choice $396.800 $329.500. signment The dollar sales to attain a target profit of $195,000 is: Multiple Choice $396,800. $329,500. $661.333. $434,500
A cement manufacturer has supplied the following data: Tons of cement produced and sold .... Sales revenue. Variable manufacturing expense.... Fixed manufacturing expense....... Variable selling and administrative expense Fixed selling and administrative expense..... Net operating income...... 260,000 $1,118,000 $429,000 $288,000 $91,000 $228,000 $82,000 Required: a. What is the company's unit contribution margin? b. What is the company's contribution margin ratio? c. If the company increases its unit sales volume by 3% without increasing its fixed expenses, what will total net...
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