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Accointing experts Please help! Thumbs up for all correct answers! Exercise 6-18 Break-Even and Target Profit Analysis; Margin of Safety; CM Ratio (LO6-1, L06-3, L06-5,
Accointing experts Please help! Thumbs up for all correct answers!
Exercise 6-18 Break-Even and Target Profit Analysis; Margin of Safety; CM Ratio (LO6-1, L06-3, L06-5, LO6-6, LO6-7 Menlo Company distributes a single product. The company's sales and expenses for last month follow. Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 632,000 442,400 189,600 144.000 45.600 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 $63,600? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data Compute the company's margin of safety in both dollar and percentage terms 5. What is the company's CM ratio? If sales increase by $72,000 per month and there is no change in foxed expenses, by how much W u Wuild and percentage UU! I Sales increase by $72,000 per month and there is no change in would you expect monthly net operating income to increase? % Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Req 3B Req 4 Req 5 What is the monthly break-even point in unit sales and in dollar sales? 12,100 units Break-even point in unit sales Break-even point in dollar sales Req2 > VIDEO mov s meeting 4 collab Assignment-6 MG doc Uime Uhr Check my work mode : This shows what is correct 3-b. Verify your answer by preparing a contribution 4. Refer to the original data. Compute the company 5. What is the company's CM ratio? If sales increase would you expect monthly net operating income to i X An Complete this question by entering your answer Reg 1 A Req2 Reg 3A Req 3B Without resorting to computations, what is the total cont Total contribution margin S 145 2008 1 ,000 PC Honu and there JIUNTCL Hulluny net operating income to increase? Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 R 3A Req 3B Req 4 Req 5 How many units would have to be sold each month to attain a target profit of $63,600? Units sales needed to attain target profit Reg 2 Reg 3B > > meeting (4) collab Assignment-delete CRELCRRY Y C . Reg 1 Reg 2 Req 3A Req 3B Reg 4 Reqs Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Reg 1 Reg 2 Req Req 3B Reg 4 Reg 5 Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Dollars Percentage Percentage Margin of safety (Reg 3B Req5 > Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Req 3B Reg 4 Reg 5 What is the company's CM ratio? If sales increase by $72,000 per month and there is no cha much would you expect monthly net operating income to increase? CM ratio Net operating income increases by Step by Step Solution
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