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2. What is the expected contribution margin ratio? 3. Determine the break-even sales in units and dollars. Round your answers to the nearest whole number.
2. What is the expected contribution margin ratio? 3. Determine the break-even sales in units and dollars. Round your answers to the nearest whole number. Units units Dollars 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Instructions } \\ \hline 1 & & EstimatedFixedCost & VariableCost(perunitsold) \\ \hline 2 & Production costs: & & \\ \hline 3 & Direct materials & - & $56.00 \\ \hline 4 & Direct labor & - & 36.00 \\ \hline 5 & Factory overhead & $194,000.00 & 20.00 \\ \hline 6 & Selling expenses: & & \\ \hline 7 & Sales salaries and commissions & 110,000.00 & 8.00 \\ \hline 8 & Advertising & 42,000.00 & - \\ \hline 9 & Travel & 13,000.00 & - \\ \hline 10 & Miscellaneous selling expense & 7,000.00 & 1.00 \\ \hline 11 & Administrative expenses: & & \\ \hline 12 & Office and officers' salaries & 124,600.00 & - \\ \hline 13 & Supplies & 8,000.00 & 6.00 \\ \hline 14 & Miscellaneous administrative expense & 15,000.00 & 1.00 \\ \hline 15 & Total & $513,600.00 & $128.00 \\ \hline \end{tabular} Sales Sales salaries and commissions Supplies Total administrative expenses Total cost of goods sold Total expenses Total selling expenses Travel Variable cost of goods sold . Prepare an estimated income statement for 20Y3. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Enter a mounts as positive values. Labels and Amount Descriptions Labels and Amount Descriptions Advertising Contribution margin Cost of goods sold Direct labor Direct materials Expenses Factory overhead Gross profit Income from operations Manufacturing margin Miscellaneous administrative expense Miscellaneous selling expense Office and officers' salaries Sales Sales salaries and commissions 5. What is the expected margin of safety in dollars and as a percentage of sales? If applicable, use amounts previously computed and then round your answers to the nearest whole number. Dollars Percentage 6. Determine the operating leverage. Round to one decimal place. 2. What is the expected contribution margin ratio? 3. Determine the break-even sales in units and dollars. Round your answers to the nearest whole number. Units units Dollars 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Instructions } \\ \hline 1 & & EstimatedFixedCost & VariableCost(perunitsold) \\ \hline 2 & Production costs: & & \\ \hline 3 & Direct materials & - & $56.00 \\ \hline 4 & Direct labor & - & 36.00 \\ \hline 5 & Factory overhead & $194,000.00 & 20.00 \\ \hline 6 & Selling expenses: & & \\ \hline 7 & Sales salaries and commissions & 110,000.00 & 8.00 \\ \hline 8 & Advertising & 42,000.00 & - \\ \hline 9 & Travel & 13,000.00 & - \\ \hline 10 & Miscellaneous selling expense & 7,000.00 & 1.00 \\ \hline 11 & Administrative expenses: & & \\ \hline 12 & Office and officers' salaries & 124,600.00 & - \\ \hline 13 & Supplies & 8,000.00 & 6.00 \\ \hline 14 & Miscellaneous administrative expense & 15,000.00 & 1.00 \\ \hline 15 & Total & $513,600.00 & $128.00 \\ \hline \end{tabular} Sales Sales salaries and commissions Supplies Total administrative expenses Total cost of goods sold Total expenses Total selling expenses Travel Variable cost of goods sold . Prepare an estimated income statement for 20Y3. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Enter a mounts as positive values. Labels and Amount Descriptions Labels and Amount Descriptions Advertising Contribution margin Cost of goods sold Direct labor Direct materials Expenses Factory overhead Gross profit Income from operations Manufacturing margin Miscellaneous administrative expense Miscellaneous selling expense Office and officers' salaries Sales Sales salaries and commissions 5. What is the expected margin of safety in dollars and as a percentage of sales? If applicable, use amounts previously computed and then round your answers to the nearest whole number. Dollars Percentage 6. Determine the operating leverage. Round to one decimal place
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