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For the coming year, Cleves Company anticipates a unit selling price of $112, a unit variable cost of $56, and fixed costs of $638,400. Required:

For the coming year, Cleves Company anticipates a unit selling price of $112, a unit variable cost of $56, and fixed costs of $638,400.

Required:

2. Compute the sales (units) required to realize income from operations of $347,200.

4. Determine the probable income (loss) from operations if sales total 18,200 units. If required, use the minus sign to indicate a loss.

image text in transcribed

For a recent year, McDonald's Company-owned restaurants had the following sales and expenses (in millions):

Sales

$29,800

Food and packaging

$11,342

Payroll

7,500

Occupancy (rent, depreciation, etc.)

5,768

General, selling, and administrative expenses

4,300

$28,910

Income from operations

$890

Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses.

I only need help with c:

How much would income from operations increase if same-store sales increased by $1,800 million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the closest million

image text in transcribed

Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Cleves Company anticipates a unit selling price of $112, a unit variable cost of $56, and fixed costs of $638,400. Required: 1. Compute the anticipated break-even sales in units 11,400 units 2. Compute the sales (units) required to realize income from operations of $347,200. units 3. Construct a cost-volume-profit chart, assuming maximum sales of 22,800 units within the relevant range. From your chart, indicate whether each of the following sales leve's would produce a proft, a loss, or break-even, $1,792,000 $1,601,600 $1,276,800 $963,200 $761,600 4. Determine the probable income (loss) from operations if sales total 18,200 units. If required, use the minus sign to indicate a loss. Profit Profit Break-even Loss LOSS Income

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