Mendina, Incorporated produces an advanced type of coffee maker. Information about the coffee maker is below: Total Variable Cost at 200 units Total Cost per Unit Sales Price Target Profit Volume Required: Fill in the chart and then use it to answer the questions. Total Cost Variable Cost Fixed Cost Total Costs $24,000 $235.00 Per Unit Cost Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $270 $120,000 200 24,000 450 235.00 1100 Contribution Margin Contribution Margin Ratio Break Even Units Break Even Dollars Target Profit Units Target Profit S Use the information above to create a Contribution Format Income Statement. Units Produced: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Margin of Safety units Margin of Safety S Margin of Safety % Degree of Operating Leverage 1,500 Using the completed statement as a base, create new statements under each parameter independently. Hint: Use the information from the Base Statement or column B of the chart for formulas. Sales Increase: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Price Increases: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income 15% $20 Variable Cost Increases: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Fixed Costs Are Reduced: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Price Decreases: Volume Increases: 10% 40% $25 15% Mendina, Incorporated produces an advanced type of coffee maker. Information about the coffee maker is below: Total Variable Cost at 200 units Total Cost per Unit Sales Price Target Profit Volume Required: Fill in the chart and then use it to answer the questions. Total Cost Variable Cost Fixed Cost Total Costs $24,000 $235.00 Per Unit Cost Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $270 $120,000 200 24,000 450 235.00 1100 Contribution Margin Contribution Margin Ratio Break Even Units Break Even Dollars Target Profit Units Target Profit S Use the information above to create a Contribution Format Income Statement. Units Produced: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Margin of Safety units Margin of Safety S Margin of Safety % Degree of Operating Leverage 1,500 Using the completed statement as a base, create new statements under each parameter independently. Hint: Use the information from the Base Statement or column B of the chart for formulas. Sales Increase: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Price Increases: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income 15% $20 Variable Cost Increases: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Fixed Costs Are Reduced: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Price Decreases: Volume Increases: 10% 40% $25 15% Mendina, Incorporated produces an advanced type of coffee maker. Information about the coffee maker is below: Total Variable Cost at 200 units Total Cost per Unit Sales Price Target Profit Volume Required: Fill in the chart and then use it to answer the questions. Total Cost Variable Cost Fixed Cost Total Costs $24,000 $235.00 Per Unit Cost Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $270 $120,000 200 24,000 450 235.00 1100 Contribution Margin Contribution Margin Ratio Break Even Units Break Even Dollars Target Profit Units Target Profit S Use the information above to create a Contribution Format Income Statement. Units Produced: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Margin of Safety units Margin of Safety S Margin of Safety % Degree of Operating Leverage 1,500 Using the completed statement as a base, create new statements under each parameter independently. Hint: Use the information from the Base Statement or column B of the chart for formulas. Sales Increase: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Price Increases: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income 15% $20 Variable Cost Increases: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Fixed Costs Are Reduced: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Price Decreases: Volume Increases: 10% 40% $25 15% Mendina, Incorporated produces an advanced type of coffee maker. Information about the coffee maker is below: Total Variable Cost at 200 units Total Cost per Unit Sales Price Target Profit Volume Required: Fill in the chart and then use it to answer the questions. Total Cost Variable Cost Fixed Cost Total Costs $24,000 $235.00 Per Unit Cost Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $270 $120,000 200 24,000 450 235.00 1100 Contribution Margin Contribution Margin Ratio Break Even Units Break Even Dollars Target Profit Units Target Profit S Use the information above to create a Contribution Format Income Statement. Units Produced: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Margin of Safety units Margin of Safety S Margin of Safety % Degree of Operating Leverage 1,500 Using the completed statement as a base, create new statements under each parameter independently. Hint: Use the information from the Base Statement or column B of the chart for formulas. Sales Increase: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Price Increases: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income 15% $20 Variable Cost Increases: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Fixed Costs Are Reduced: Volume Sales Variable Cost Contribution Margin Fixed Cost Net Operating Income Price Decreases: Volume Increases: 10% 40% $25 15%