6 Exercise 6-7 (Algo) Target Profit Analysis (L06-6] 0.75 Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $81 per unit. The company's monthly fixed expense is $24.300. points Skipped Required: 1. Calculate the unit sales needed to attain a target profit of $4,050. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,300. (Round your intermediate calculations to the nearest whole number.) eBook 1. Units sales to attain target profit 2. Dollar sales to attain target profit units Hint Print References Seved Saved Chapter 6 Graded Homework i 7 Exercise 6-8 (Algo) Compute the Margin of Safety [LO6-7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: 0.75 points Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 25 $ 19 $ 5,340 1,040 eBook Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (ie. 1234 should be entered as 12.34).) Hint Print 1. Margin of safety (in dollars) 2. Margin of safety percentage References 8 Exercise 6-9 (Algo) Compute and Use the Degree of Operating Leverage (LO6-8] Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: 0.75 points Sales Variable expenses Contribution margin Fixed expenses Net operating income eBook Percent of Sales 100% 40% 60% Amount $ 124,000 49,600 74,400 21,000 $ 53,400 det Hint Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 14% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 14% increase in unit sales. Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Required Required 2 > Chapter 6 Graded Homework Saved 8 Exercise 6-9 (Algo) Compute and Use the Degree of Operating Leverage (LO6-8] Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: 0.75 points Sales Variable expenses Contribution margin Fixed expenses Net operating income eBook Percent of Sales 100% 40% 60% Amount $ 124,000 49,600 74,400 21,800 $ 53,400 Hint Required: 1 What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 14% increase in unit sales 3. Construct a new contribution format income statement for the company assuming a 14% increase in unit sales. Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 14% increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (ie.1234 should be entered as 12.34).) Net operating income 00 Exercise 6-9 (Algo) Compute and Use the Degree of Operating Leverage (L06-8] 0.75 points Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income eBook Percent of Sales 100% 40% 60% Amount $ 124,000 49,600 74,400 21,000 $ 53,480 Hint Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 14% increase unit sales 3. Construct a new contribution format income statement for the company assuming a 14% increase in unit sales. Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 14% increase in unit sales. Engberg Company Contribution Income Statement Amount Percent of Sales % % %