Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Oleg's Parts produces parts for the automobile industry. The company has monthly fed expenses of $750,000 and a contribution margin of 78% of revenues Read

image text in transcribed
Oleg's Parts produces parts for the automobile industry. The company has monthly fed expenses of $750,000 and a contribution margin of 78% of revenues Read the moment Requirement 1. Compute Og's Steel Parts monthly break even sales in dollars Begin by identifying the formula Brokeren sales in dotas Compute Clerg's Steel Puits monthly benakoven sales in de in dollars. (Round your answer up to the newest whole number) The brukervennutes in dolara is Requirement 2. Project operating income (or loss revenues are $550.000 and they are $1,050,000 Fiest, select the labels to collate projected operating income. Then, calculate projected income for oss) if revenues are $550,000. Finally, calculate projected income for loss) it revenues are $1.000.000. (Enter the contribution margin ratio as a whole percent Enterloses with a minus signor parentheses) Oleg's Steel Parts Requirements Operating Income Projection at Different Sales Levels If revenues If revenues 1. Compute Cle's Sol Parts' monthly breakeven sales in dollars are $550,000 are $1.050.000 2. Project operating income for so) revenues or $550,000 and they are $1.050.000 3. Do the results in Requirement 2 make sense given the breakevenes you computed in Requirement 17 Explain Print Done Operating income foss) Requirement 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requiremek 19 Explain Since $550.000 Since $1,050,000 is the breakeven point, the breakeven point, it Choose from any list or enter any number in the input fields and then continue to the next

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions