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a. b. c1. c2. please answer A, B, and C's completely Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit
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Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit Variable expenses are $20.00 per unit, and fixed expenses total $180,000 per year. Its operating results for last year were as follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 1,080,000 540,000 540,000 180,000 $ 360,000 What is the product's CM ratio? CM ratio % Use the CM ratio to determine the break-even point in dollar sales. Do not round intermediate calculations.) Break-even point in dollar sales What is the degree of operating leverage based on last year's sales? (Round intermediate calculations and final answers to 2 decimal places.) Degree of operating leverage Assume the president expects this year's sales to increase by 19%. Using the degree of operating leverage from last year, what percentage increase in net operating income will the company realize this year? (Round intermediate calculations and final answer to 2 decimal places.) Net operating income increases by %Step by Step Solution
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