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Help on question 9-12 9. A corporation has provided its contribution format income statement Sales (5,700 units). Variable expenses Contribution margin Fixed expenses Net operating

Help on question 9-12 image text in transcribed
9. A corporation has provided its contribution format income statement Sales (5,700 units). Variable expenses Contribution margin Fixed expenses Net operating incom.e.24.600 $319,200 131,100 106.500 If the company sells 5,300 units, its net operating income should be closest to A) $15,400 B) $2,200 C) $22,874 D) $24,600 10. A company provided the following data Total $400,000 280.000 Sales Variable expenses.... Contribution margin . Fixed expenses.... Net operating income .... 120,000 00.000 20.000 ," What is total contribution margin if sales volume increases by 20%? A) $80,000 B) $158,400 C) $200,000 D) $144,000 11. A corporation produces a product which sells for $40. Variable manufacturing costs are $18 per unit. Fixed manufacturing costs are $5 per unit, and fixed selling and administrative costs are $4 per unit. A selling commission of 15% of the selling price is paid on each unit sold. The contribution margin per unit is. A) $7 B) $16 C) $17 D) $22 12. A corporation has provided the following contribution format income statement Sales (4,000 units) Variable expenses... Contribution margin Fixed expenses. Net operating income $240,000 156,000 84,000 81,900 $2,100 The break-even point in dollar sales is closest to: A) $O B) $237,900 C) $156,000 D) $234,000

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