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9. Minion Inc., a company that sells a single product, has provided its contribution format income statement for April. Sales (6,200 units) Variable expenses Contribution
9. Minion Inc., a company that sells a single product, has provided its contribution format income statement for April. Sales (6,200 units) Variable expenses Contribution margin Fixed expenses Net operating income $136,400 80.600 55,800 48,700 $ 7.100 If the company sells 5,800 units, its total contribution margin would be closest to: A. $55,800 B. $52,200 C. $ 6,642 D. $47,000 10 Bazinga Corporation, a company that produces and selis a single product, has provided ts eontrituon ormat income statement for March Sales (5,000 units) Variable expenses Contribution margin Fed expenses Net operating income $205.000 125.000 80,000 62.400 IZ.600 If the company sells 5,400 units, its net operating income should be closest to A $10.008 B $17.600 C $24.000 D $34.000 11. The records of the Cloud City Corporation show the following for the most recent year Sales (16.000 units) $256,000 Variable expenses $160,000 $ 32,000 Net operating income Given these data, the unit contribution margin was A $16 B. $4 C. 52 D. S6 12. Cyberdine Systems reported total sales of $300,000, at a price of $20 and per unit variable expenses of $12, for the sales of a single product. Per Unit Total $20 $300,000 Sales 180.000 $12 Variable expenses $8 120,000 Contribution margin 100.000 Fixed expenses $.20.000 Net operating income What is the amount of contribution margin if sales volume increases by 30%? A $19,500 B. $150,000 C. $156,000 D. $120,000
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