assignment tako AssignmentMain doinvoketatake AssignmentSessionLocator:&inprogressise ebook Carto Marg, Break Even Secont Volumet Chart Hargin of safety, and Operating Lewe Wolsey Industries Inc, expects to maintain the same inventories at the end of 2003 as at the beginning of the year. The total of productions for the year.is therefore sumed to be equal to the cost of goods sold with this in mind, the various department heads were asked to submit estimates of the costs for the deserts during the year as report of the estimates fois Estimated Fixed cost Estimated Variable Cost (per unit sold) 365 40 Production costs Direct material Director Factory overhead Seling expenses Sales and commissions Advertising $200.000 20 110,000 40,000 12,000 7.600 The Miscellaneous ating sa Amitive expen Office and for sales Supplies Mat some Tuta 132.000 10,000 13.400 1535.000 5120 Tech 1075 bance of 160 unit Maxime with the rear 37,000 Required Check My Wien mal Seren Sering MacBook Air il - E R U 1 o 0 > D : G K L ": C V B N M V. A. ? 1 96 command option keAssignment/takeAssignment Mindo IVORCLASSIC eBook It is expected that 21,875 units will be sold at a price of $160 a unit, Maximum sales within the relevant range are 27,000 units. Required: 1. Prepare an estimated income statement for 2013, Wolsey Industries Inc. Estimated Income Statement For the Year Ended December 31, 20Y3 Cost of goods sold Total cost of goods sold Gross profit Expenses Selling expenses Totalling expenses Admite expenses 0 8 Check My Work Email MacBook Air WO :: ce - A 6 5 2 8 . 9 O W E R T Y C 1 0 P P s D F G H J K K L L . v > N B N M ? 36 assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Total selling expenses Administrative expenses Total administrative expenses Total expenses Operating income 2. What is the expected contribution margin ratio? 3. Determine the break even sales in units and dollars. Units units Dollars 4. Construct a cost-volume-profit chart on your own paper What is the break-even sales? 5. What is the expected margin of safety in dollars and as a percentage of sales? Dollars Percentage (It required, round the percent to one decimal place, e.g. 15.4%) 6. Determine the operating leverage. It required, round your answer to one decimal place, 6.9. 15.4. Check My Work Email Instructor Save an MacBook Air 3 4 5 6 8 9 ) O LE E R Y 0 P assignment tako AssignmentMain doinvoketatake AssignmentSessionLocator:&inprogressise ebook Carto Marg, Break Even Secont Volumet Chart Hargin of safety, and Operating Lewe Wolsey Industries Inc, expects to maintain the same inventories at the end of 2003 as at the beginning of the year. The total of productions for the year.is therefore sumed to be equal to the cost of goods sold with this in mind, the various department heads were asked to submit estimates of the costs for the deserts during the year as report of the estimates fois Estimated Fixed cost Estimated Variable Cost (per unit sold) 365 40 Production costs Direct material Director Factory overhead Seling expenses Sales and commissions Advertising $200.000 20 110,000 40,000 12,000 7.600 The Miscellaneous ating sa Amitive expen Office and for sales Supplies Mat some Tuta 132.000 10,000 13.400 1535.000 5120 Tech 1075 bance of 160 unit Maxime with the rear 37,000 Required Check My Wien mal Seren Sering MacBook Air il - E R U 1 o 0 > D : G K L ": C V B N M V. A. ? 1 96 command option keAssignment/takeAssignment Mindo IVORCLASSIC eBook It is expected that 21,875 units will be sold at a price of $160 a unit, Maximum sales within the relevant range are 27,000 units. Required: 1. Prepare an estimated income statement for 2013, Wolsey Industries Inc. Estimated Income Statement For the Year Ended December 31, 20Y3 Cost of goods sold Total cost of goods sold Gross profit Expenses Selling expenses Totalling expenses Admite expenses 0 8 Check My Work Email MacBook Air WO :: ce - A 6 5 2 8 . 9 O W E R T Y C 1 0 P P s D F G H J K K L L . v > N B N M ? 36 assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Total selling expenses Administrative expenses Total administrative expenses Total expenses Operating income 2. What is the expected contribution margin ratio? 3. Determine the break even sales in units and dollars. Units units Dollars 4. Construct a cost-volume-profit chart on your own paper What is the break-even sales? 5. What is the expected margin of safety in dollars and as a percentage of sales? Dollars Percentage (It required, round the percent to one decimal place, e.g. 15.4%) 6. Determine the operating leverage. It required, round your answer to one decimal place, 6.9. 15.4. Check My Work Email Instructor Save an MacBook Air 3 4 5 6 8 9 ) O LE E R Y 0 P