Last month when Holiday Creations, Inc., sold 41.000 units, total sales were $282,000, total variable expenses were $205,860, and fixed expenses were $36,800. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $2,300? (Do not round intermediate calculationo.) 58% 1. Contribution margin ratio 2 Estimated change in net operating income Required information The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Per Unit $ 148 92 $ 49 Percent of Sales 1eos 65 35% Fixed expenses are $88,000 per month and the company is selling 3,000 units per month. Required: 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,300 and monthly sales increase by $21,000? 1-b. Should the advertising budget be increased? Complete this question by entering your answers in the tabs below. Reg 1A Reg 10 How much will net operating Income increase (decrease per month if the monthly advertising budget increases by $9,300 and monthly sales increase by $21,000 (Round any unit calculations up to the nearest who unit) No porting como
Mauro Products distributes a single product, a woven bosket whose selling price is $23 per unit and whose variable expense is $20 per unit. The company's monthly fixed expense is $4,200. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar soles? (Do not round intermediate calculations.) baskets 1 Break-even point in unit sales 2. Break-even point in dollar sales 3. Break-even point in unit sales Break-even point in dollar sales baskets