35 Sorin Inc., a company that produces and sells a single product, has provided its contribution...
35
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January.
| Sales (5,000 units) | $ | 145,000 |
| Variable expenses | 58,000 | |
| Contribution margin | 87,000 | |
| Fixed expenses | 63,500 | |
| Net operating income | $ | 23,500 |
If the company sells 5,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
Brewer 8e Rechecks 2018-06-19
Multiple Choice
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$87,000
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$99,180
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$95,500
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$26,790
Homework Answers
contribution margin per unit=$87,000/5,000
=$17.4 per unit
Hence Total contribution margin at 5700 units=$17.4 per unit*5700 units
=$99180
NOTE:Total fixed costs and variable cost per unit do not change with change in units
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35
Sorin Inc., a company that produces and sells a single product,
has provided its contribution...
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Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,600 units) $ 330,000 Variable expenses 211,200 Contribution margin 118,800 Fixed expenses 88,100 Net operating income $ 30,700 If the company sells 6,800 units, its net operating income should be closest to: (Do not round intermediate calculations.) Brewer 8e Rechecks 2018-06-19 Multiple Choice $34,300 $30,700 $40,700 $31,630
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Sorin Inc., a company that produces and sells a single product, has provided its contribution format...
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Press Ctrl+A 4. Sorin Inc., a company that produces and sells a single product, has provided...
Press Ctrl+A 4. Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January (12 Points) Sales (4,200 units) Variable expenses Contribution margin Fixed expenses Net operating income MC 155,400 100,800 54,600 42.400 12,200 If the company sells 4.600 units: 1- Compute the selling price per unit? 2- Compute the variable expenses per unit? 3. Compute the contribution margin per unit? 4. Compute the contribution margin in total? 5. Acoustic Concepts'...
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Ofarrell Corporation, a company that produces and sells a single product, has provided its contribution format...
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Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,100 units) Variable expenses Contribution margin Fixed expenses Net operating income $123,000 67,650 55,350 39,900 $ 15,450 If the company sells 4,800 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units)...
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January Sales (3,500 units) Variable expenses Contribution margin Fixed expenses Net operating income $94,500 41,580 52,920 40,700 $12,220 If the company sells 3,800 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $52,920 $57456 $71,700 $13,267 Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the...
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Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June Sales (7,200 units) Variable expenses Contribution margin Fixed expenses Net operating income S324,000 201,600 122,400 87,500 34,900 If the company sells 7.400 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $38,300 $34,900 $43.900 $35,869 < Prev 40, 11 İİİ Net> Jilk nc's contribution margin ratio is 60% and its fixed monthly expenses are...
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