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Please answer all! UFE English (en) - Bichoy Question 1 JOUDY Company prepared the following contribution format income statement based on a sales volume of
Please answer all!
UFE English (en) - Bichoy Question 1 JOUDY Company prepared the following contribution format income statement based on a sales volume of 1,000 units: Quiz navigation 2 Not yet answered Marked out of 10.00 $20,000 Sales. Variable expenses Contribution margin. Finish attempt Flag question 12.000 8,000 Fixed expenses. 6,000 Net operating income $ 2,000 Required: (Answer each question independently and always refer to the original data unless instructed otherwise.) 1. What is the contribution margin per unit? 2. What is the contribution margin ratio? 3. What is the variable expense ratio? 4. If sales increase to 1,001 units, what would be the increase in net operating income? 5. if sales decline to 900 units, what would be the net operating income? 6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,500, and unit sales increase by 250 units, what would be the net operating income? 8. What is the break-even point in unit sales? 9. What is the break-even point in dollar sales? 10. How many units must be sold to achieve a target profit of $5,000? A DRENG 200 1/314 EF Type here to searchStep by Step Solution
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