please help with these 5 questions thank you
Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $318,000, total variable expenses were $267,120, and fixed expenses were $35,700. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase total sales by $1,900? (Do not round intermediate calculations.) Contribution margin ratio -. Estimated change in net operating income -- Mauro Products distributes a single product, a woven basket whose selling price is $29 per unit and whose variable expense is $21 per unit. The company's monthly fixed expense is $18,400. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.) 1 . Break-even point in unit sales 1,300 baskets 2. Break-even point in dollar sales 36,400 3. Break-even point in unit sales 1,375 baskets Break-even point in dollar sales 38,500Selling price per unit $ 28 Variable expense per unit: $ 18 Fixed expense per month $ 8,700 Unit: sales per month 1,020 [ Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) I Margin of safety (in dollars) _- a Margin of safety percentage _- Miller Com pany's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (41,000 units) $ 287,000 $7.00 Variable expenses 164 , 000 4 . OD Contribution margin 123 , 000 $ 3 . 00 Fixed expenses 47 , 000 Net operating income $ 76 , 000 [ Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 16%? 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 13%? 1. Netoperating income _ Netoperating income _ 2. 3. Net operating income _ 4. Net operating income The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days lleotrioal Costs January 2,640 $13,200 February 2,350 $14,300 March 950 S 4,900 April 2,420 $12,100 Hay 2,090 $10,450 June 4,470 $13,360 July 4,020 $17,160 August 3,940 $16,750 September 1,630 $ 3,150 October 1,090 S 5,450 November 1,350 $ 6,950 December 2,910 $14,550 ' Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) Variable cost of electricity _ per occupancy-day Fixed cost of electricity _ per month 2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) D Systematic factors like guests. switching off fans and lights. D Number of days present in a month. I:I Income taxes paid on hotel income. El Seasonal factors like winter or summer. El Fixed salary paid to hotel receptionist
