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Question 1 (0.4 points] an Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.
Question 1 (0.4 points] an Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (7300 units) $ 350,400 Variable expenses 204,400 Contribution margin 146,000 Fixed expenses 103,500 Net operating income $ , If the company sells 7200 units, its net operating income should be closest to: (Do not round intermediate calculations.) 0 $41,979 O $38,000 0 $40,500 0 $42,500 Question 2 (0.4 points) an Gayne Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $48,000. If the company's sales for a month are $307,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Q $52,190 Q $259,000 Q $206,810 0 $4190 Question 3 (0.4 points) an A shift in the sales mix from high-margin items to low-margin items can cause total profits to decrease even though total sales may increase. Question 4 (0.4 points) an Incremental analysis is an analytical approach that focuses only on those revenues and costs that will not change as a result of a decision. Question 5 (0.4 points] an Sabv Corporation's break-even-point in sales is $840,000, and its variable expenses are 75% of sales. If the company lost $34,000 last year, sales must have amounted to: 0 $704,000 0 $596,000 0 $806,000 0 $772,000
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