Last year, Chemise Shirt Company average selling price for its shirts was $25 Chemise is budgeting the following operating results for next year Sales $ 1,200,000 Variable Cost 432,000 Contribution Margin 768,000 Fixed Cost 288,000 Gross Margin $ 480,000 What is Chemise's degree of operating leverage for next year Select one a 1 50 b 1 56 c 1 60 d 2 50 Last year, Chemise Shirt Company average selling price for its shirts was $25 Chemise is budgeting the following operating results for next year Sales $ 1,200,000 Variable Cost 432,000 Contribution Margin 768,000 Fixed Cost 288,000 Gross Margin $ 480,000 Considering the Operating Leverage computed in 12, above, how much will Chemises operating income increase if their sales increase by 25 Select one a 40 b 32 c 39 d 53 Last year, Chemise Shirt Company average selling price for its shirts was $25 Chemise is budgeting the following operating results for next year Sales $ 1,200,000 Variable Cost 432,000 Contribution Margin 768,000 Fixed Cost 288,000 Gross Margin $ 480,000 The marketing manager believes that a $14,000 increase in the monthly advertising budget would result in a 650 unit increase in monthly sales What should be the overall effect on the company's annual gross margin of this change Select one a increase of $27,000 b increase of $2,250 c decrease of $43,200 d decrease of $3,600 Last year, Chemise Shirt Company average selling price for its shirts was $25 Chemise is budgeting the following operating results for next year Sales $ 1,200,000 Variable Cost 432,000 Contribution Margin 768,000 Fixed Cost 288,000 Gross Margin $ 480,000 Management is considering using a new component that would increase the unit variable cost by $5 Since the new component would increase the features of the company's product, the marketing manager predicts that monthly sales would increase by 300 units What should be the overall effect on the company's monthly net operating income of this change Select one a decrease of $16,700 b decrease of $154,200 c increase of $10,400 d increase of $124,800

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Last year, Chemise Shirt Company average selling price for its shirts was $25. Chemise is budgeting the following operating results for next year: Sales $

Last year, Chemise Shirt Company average selling price for its shirts was $25. Chemise is budgeting the following operating results for next year:

Sales	$ 1,200,000
Variable Cost	432,000
Contribution Margin	768,000
Fixed Cost	288,000
Gross Margin	$ 480,000

What is Chemise's degree of operating leverage for next year?

Select one:

a. 1.50

b. 1.56

c. 1.60

d. 2.50

Last year, Chemise Shirt Company average selling price for its shirts was $25. Chemise is budgeting the following operating results for next year:

Sales	$ 1,200,000
Variable Cost	432,000
Contribution Margin	768,000
Fixed Cost	288,000
Gross Margin	$ 480,000

Considering the Operating Leverage computed in 12, above, how much will Chemises operating income increase if their sales increase by 25%?

Select one:

a. 40%

b. 32%

c. 39%

d. 53%

Last year, Chemise Shirt Company average selling price for its shirts was $25. Chemise is budgeting the following operating results for next year:

Sales	$ 1,200,000
Variable Cost	432,000
Contribution Margin	768,000
Fixed Cost	288,000
Gross Margin	$ 480,000

The marketing manager believes that a $14,000 increase in the monthly advertising budget would result in a 650 unit increase in monthly sales. What should be the overall effect on the company's annual gross margin of this change?

Select one:

a. increase of $27,000

b. increase of $2,250

c. decrease of $43,200

d. decrease of $3,600

Last year, Chemise Shirt Company average selling price for its shirts was $25. Chemise is budgeting the following operating results for next year:

Sales	$ 1,200,000
Variable Cost	432,000
Contribution Margin	768,000
Fixed Cost	288,000
Gross Margin	$ 480,000

Management is considering using a new component that would increase the unit variable cost by $5. Since the new component would increase the features of the company's product, the marketing manager predicts that monthly sales would increase by 300 units. What should be the overall effect on the company's monthly net operating income of this change?

Select one:

a. decrease of $16,700

b. decrease of $154,200

c. increase of $10,400

d. increase of $124,800