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Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total $ 628,000 439,600 188,400 153,600 $ 34,800 Per Unit
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total $ 628,000 439,600 188,400 153,600 $ 34,800 Per Unit $ 40 28 $ 12 Sales Variable expenses Contribution margin Pixed expenses Net operating income Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $73,200? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $73,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 3B Reg 4 Reg 5 Reg 1 Reg 2 Req What is the monthly break-even point in unit sales and in dollar sales? units Break-even point in unit sales Break-even point in dollar sales Real Reg 2 > Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 628,000 439,600 188,400 153,600 $ 34,800 Per Unit $ 40 28 $ 12 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $73,200? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $73,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Req 3B Reg 4 Reg 5 without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 628,000 439,600 188,400 153,600 $ 34,800 Per Unit $ 40 28 $ 12 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $73,200? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? if the company can sell more units thereby increasing sales by $73,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req Req 38 Req 4 Reg 5 How many units would have to be sold each month to attain a target profit of $73,2007 Units sales needed to attain target profit Menlo Company distributos a single product. The company's sales and expenses for last month follow Per Unt $ 40 Sales Variable expenses Contribution margin Fed expenses Net operating income Total $ 628.000 430 000 188.400 153.600 $34.800 $ 12 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break even point? 3b. Verily your answer by preparing a contribution format income statement at the twget sales tevel 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? It the company can sel more units thereby increasing sales by 573,000 per month and there is no change in feed expenses, by how much would you expect monthly net eperating income to increase? Complete this question by entering your answers in the tabs below. Reg1 Reg2 RA Ree Res Verify your answer by preparing a contribution format income statement at the target sales level Menta Company Contribution Income Statement Total
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