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attempt.php?attempt=1647138cmid=107616&page=2 Athira Johnson The following is the contribution income statement for Flounder Company Limited for the year ended March 31, 2021: col $ 875,000 525.000

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attempt.php?attempt=1647138cmid=107616&page=2 Athira Johnson The following is the contribution income statement for Flounder Company Limited for the year ended March 31, 2021: col $ 875,000 525.000 Sales Variable expenses Contribution margin Fixed expenses Operating income 350,000 300.000 $ 50,000 The company has no beginning or ending inventories and produced and sold 43,750 units during the year Required: a. What is the company's contribution margin ratio? b. What is the break even point in units for Flounder Company c. How many units would Founder have to sell to attain an operating income of $75.000 d. The manager of ouder Company, Thion just found out that due to an increased supplier cost the variable cost will increase by 5.00 per unit. They feel that if they increase their advertising ty 310,000 they will be able to sell 20% more unts and win be able to make a higher operating income without having to increase their once to compensate for the higher riable cost o . PA A ? S 4 % 50 & 7 7 * 8 8 E 6 } 2 9 9 3 0 V4 1/2 R T P T Y U 4 o un 5 6 6 1 F G H K K 2 1 3 attempt.php?attempt=1647138cmid=107616&page=2 Athira Johnson The following is the contribution income statement for Flounder Company Limited for the year ended March 31, 2021: col $ 875,000 525.000 Sales Variable expenses Contribution margin Fixed expenses Operating income 350,000 300.000 $ 50,000 The company has no beginning or ending inventories and produced and sold 43,750 units during the year Required: a. What is the company's contribution margin ratio? b. What is the break even point in units for Flounder Company c. How many units would Founder have to sell to attain an operating income of $75.000 d. The manager of ouder Company, Thion just found out that due to an increased supplier cost the variable cost will increase by 5.00 per unit. They feel that if they increase their advertising ty 310,000 they will be able to sell 20% more unts and win be able to make a higher operating income without having to increase their once to compensate for the higher riable cost o . PA A ? S 4 % 50 & 7 7 * 8 8 E 6 } 2 9 9 3 0 V4 1/2 R T P T Y U 4 o un 5 6 6 1 F G H K K 2 1 3

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