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QUESTION 1-based on content in Chapter 5 worth 30 points: Laraia Corporation has provided the following contribution format income statement. All questions concern situations that

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QUESTION 1-based on content in Chapter 5 worth 30 points: Laraia Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $150,000 90,000 60,000 48,000 $12,000 Required using the above information please answer the following questions: 1. What is the contribution margin per unit? 2. What is the contribution margin ratio? 3. If sales increase to 3,050 units, what would be the estimated increase in net operating income? 4. If sales decline to 2,900 units, what would be the estimated net operating income? 5. If the selling price increases by $4 per unit and the sales volume decreases by 200 units, what would be the estimated net operating income? 6. If the variable cost per unit increases by $5, spending on advertising increases by $3,000, and unit sales increase by 450 units, what would be the estimated net operating income? 7. What is the break-even point in unit sales? 8. What is the break-even point in dollar sales? 9. What is the margin of safety in dollars? 10. What is the margin of safety percentage? OUESTION 2-based on content in Chapter 6 worth 20 points 10 points per part) A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 130 2,100 1,900 200 S 41 $ 39 52,500 $ 3,800 Requirements: A. What is the net operating income for the month under variable costing? B. What is the contribution margin for the month under variable costing? QUESTION 3-based on content in Chapter 6 worth 15 points Bertie Corporation has two divisions: Retail Division and Wholesale Division. The following data are for the most recent operating period: Wholesale Company Retail Division Division S 680,000 375,000 233,000 S 185,530 S 90,000 S 95,530 S 303,000 217,000 86,000 Total Sales Variable expenses Traceable fixed expenses The common fixed expenses of the company are $103,360. Requirements: A. Determine the break-even sales for the Wholesale Division. B. Determine the company's overall break-even sales

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