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Score: 0 of 1 pt 2 of 3 (1 complete) HW Score: 7 25%, 0.22 of 3 pts E3-22 (similar to) EQuestion Help Diva Aroma
Score: 0 of 1 pt 2 of 3 (1 complete) HW Score: 7 25%, 0.22 of 3 pts E3-22 (similar to) EQuestion Help Diva Aroma manufactures and sells scented oils to small specialty stores in the greater Dallas area. It presents the monthly operating income statement shown here to Hal Clark, a potential investor in the business. Help Mr. Clark understand Diva Aroma's cost structure (Click the icon to view the operating income statement.) Data Table Requirements 1. Recast the income statement to emphasize contribution margin. 2. Calcu ate the contribution margin percentage and breakeven point in units and revenues for November 2012 3. What is the margin of safety n units) for November 2012? 4. If sales in November were only 6.500 units and Diva Aroma's tax rate is 30%, calculate its net income. Revenues 8,000 ariable costs Units sold Revenues Cost of goods sold 60000 ariable manufacturing costs Vanable marketing costs 112,000 varable manufacturing costs Fixed manufacturing costs $ 60,000 22,000 Total variable costs Contrioution margin 82,000 Total Gross margin Operating costs Fixed costs Fbxed manufacturing costs 30,000 Fxed marketing and administration costs Variable marketing costs Fixed marketing and administrative costs 7,200 6,000 Total fixed costs Operatina income 13,200 Total operating costs Choose from any list or enter any number in the input fields and then click Check Answer 16,800 Operating income
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