All exercises calculations need to be documented.

11) Amex Inc. expects its sales in October to be $155,000. The company's contribution margin ratio is 60% and its fixed monthly expenses are $62,000.

Required: Estimate the company's net operating income for October, assuming that the fixed monthly expenses do not change.

12) Innovation Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit $ 200.00 Variable expense per unit $ 64.00 Fixed expense per month $ 670,480 Required: Determine the monthly break-even in unit sales.

13) RICO International, Inc., produces and sells a single product. The product sells for $240.00 per unit and its variable expense is $55.20 per unit. The company's monthly fixed expense is $249,480. Required: Determine the monthly break-even in total dollar sales.

14) New Media International Corporation produces and sells a single product whose selling price is $150.00 per unit and whose variable expense is $57.00 per unit. The company's monthly fixed expense is $381,300. Required: a. Assume the company's monthly target profit is $9,300. Determine the unit sales to attain that target profit. b. Assume the company's monthly target profit is $18,600. Determine the dollar sales to attain that target profit.

15) New Age Corporation produces and sells a single product whose contribution margin ratio is 54%. The company's monthly fixed expense is $561,600 and the company's monthly target profit is $34,560. Required: Determine the dollar sales to attain the company's target profit.

16) The selling price of Sony Corporation's only product is $180.00 per unit and its variable expense is $37.80 per unit. The company's monthly fixed expense is $483,480. Required: Assume the company's monthly target profit is $56,880. Determine the unit sales to attain that target profit.

17) XYXX Corporation makes a product that sells for $230 per unit. The product's current sales are 36,900 units and its break-even sales are 32,103 units. Required: Compute the margin of safety in both dollars and as a percentage of sales.

18) M&NJ Inc. produces and sells two products. During the most recent month, Product F73A's sales were $27,000 and its variable expenses were $9,450. Product L75P's sales were $14,000 and its variable expenses were $5,310. The company's fixed expenses were $21,060. Required: a. Determine the overall break-even point for the company in total sales dollars. b. If the sales mix shifts toward Product F73A with no change in total sales, what will happen to the break-even point for the company?