Martin Enterprises has a predicted operating income of $100,000. Its total variable expenses are $45,000 and its total fixed expenses have doubled from $23,000 to $46,000. The unit contribution margin for the company's sole product is $15. The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be 6734. 12,734. 3600. 9734.
Units needed to achieve target income
= (Fixed costs +target profit) /Contribution margin per unit
= (46,000+100,000)/15
= 146,000/15
= 9734 units
Martin Enterprises has a predicted operating income of $100,000. Its total variable expenses are $45,000 and...
Martin Enterprises has a predicted operating income of $100,000. Its total variable expenses are $60,000 and its total fixed expenses have doubled from $21,000 to $42,000. The unit contribution margin for the company's sole product is $19. The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be (Round the final answer up to the nearest unit.) O A. 7,474. O B. 3,053. O C. 10,632. OD. 4,316.
10) Matthew's Fish Fry has a monthly target operating income of $200. Variable expenses are 40% of sales and monthly fixed expenses are $1,800. What is the monthly margin of safety in dollars if the business achieve operating income goal? A) $18,000 B) $13.500 C) None of them are correct D) $12,000 11) Martin Enterprises has a predicted operating income of $100 total variable expenses are $50,000 and its total fixed expenses are $20,000. The unit contribution margins for the...
Poplar Mills Incorporated has a predicted operating income of $74,000. Its total variable expenses are $17,000 and its total fixed expenses are $13,500. It has a unit contribution margin of $5. Poplar Mills' breakeven sales in units is 20,900 units. 12,100 units. 2700 units. 14,100 units.
Poplar Mills Incorporated desires an operating income of $67,000. Its variable expenses are $21,000 and its total fixed expenses have increased from $45,000 to $56,000. Its unit contribution margin is $15. Its sales in units to achieve the target profit is O A. 6,800 OB. 733 O C. 9,600. OD. 8,200.
Last month when Holiday Creations, Inc., sold 45,000 units, total sales were $298,000, total variable expenses were $223,500, and fixed expenses were $39,800 Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,100? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income
Last month when Holiday Creations, Inc., sold 45,000 units, total sales were $307,000, total variable expenses were $254.810, and fixed expenses were $38,600. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,000? (Do not round intermediate calculations.) % 1. Contribution margin ratio 2. Estimated change in net operating Income
Last month when Holiday Creations, Inc., sold 45,000 unints, total sales were $296,000, total variable expenses were $236,800, and fixed expenses were $36,000 Required 1 What is the company's contribution margin (CM) ratio? ratio 2 Estimate the change in the company's net operating income ir t were to increase its total sales by $2,700
Cedar Mills Incorporated desires an operating income of $72,000. Its variable expenses are $20,000 and its total fixed expenses have increased from $32,000 to $60,000. Its unit contribution margin is $10. Its sales in units to achieve the target profit is A. 15,200. B. 11,200 .C. 1,200. D. 13,200.
Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 76,800 $ 16,200 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 month to attain a target profit of $34,200? 3-b. Verify your answer by preparing a...
Sales (45,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $360,000 225,000 135,000 40,000 $ 95,000 Per Unit $8.00 5.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 13%? 2. What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 15%? 3. What is the revised net operating income if the...