Question
PLEAE, I WANT THE CORRECT ANSWERS FOR ALL THESE QOUESTIONS: Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution
PLEAE, I WANT THE CORRECT ANSWERS FOR ALL THESE QOUESTIONS:
Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July.
Sales (7,600 units) | $387,600 |
Variable expenses | 235,600 |
Contribution margin | 152,000 |
Fixed expenses | 103,500 |
Net operating income | $48,500 |
If the company sells 7,500 units, its net operating income should be closest to: |
A-$47,979
B-$44,000
C-$46,500
D-$48,500
Spartan Systems reported total sales of $310,000, at a price of $20 and per unit variable expenses of $11, for the sales of their single product.
Total | Per Unit | |
Sales | $310,000 | $20 |
Variable expenses | 170,500 | 11 |
Contribution margin | 139,500 | $9 |
Fixed expenses | 102,000 | |
Net operating income | $37,500 |
What is the amount of contribution margin if sales volume increases by 30%?
rev: 03_17_2015_QC_CS-11135
A-$139,500
B-$48,750
C-$181,350
D-$26,250
Maack Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $46,000. If the company's sales for a month are $303,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.
A-$205,490
B-$5,510
C-$257,000
D-$51,510
Bolding Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $51,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $144,000?
A-$86,400
B-$6,600
C-$35,400
D-$93,000
Solen Corporation's break-even-point in sales is $910,000, and its variable expenses are 80% of sales. If the company lost $41,000 last year, sales must have amounted to:
A-$869,000
B-$828,000
C-$705,000
D-$687,000
Minist Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $225,000 and its net operating income was $38,500. If fixed expenses totaled $74,000 for the year, the break-even point in unit sales was:
A-11,250
B-5,625
C-13,175
D-7,400
Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $366,000 and the variable expenses are 45% of sales. Given this information, the actual profit is: (Do not round your intermediate calculations.)
A-$97,600
B-$67,100
C-$18,300
D-$50,325
The Clyde Corporation's variable expenses are 40% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $27,000. If sales increase by $84,000, the company's net operating income will increase by:
A-$33,600
B-$23,400
C-$6,600
D-$66,600
Steeler Corporation is planning to sell 120,000 units for $3.10 per unit and will break even at this level of sales. Fixed expenses will be $108,000. What are the company's variable expenses per unit?
A-$0.90
B-$2.79
C-$2.20
D-$1.30
Puchalla Corporation sells a product for $210 per unit. The product's current sales are 13,200 units and its break-even sales are 10,956 units. The margin of safety as a percentage of sales is closest to:
A-83%
B-80%
C-20%
D-17%
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