Some assistance would be great on this assignment, thank you!
Week 4 Graded Assignment Question #1: A Corporation has provided its contribution format income statement for August. Required: a. Compute the degree of operating leverage to two decimal places. b. Using the degree of operating leverage, estimate the percentage change in net operating income that should result from a 14% increase in sales. Question #2: A company produces and sells two products. Data concerning those products for the most recent month appear below: Fixed expenses for the entire company were $13,980. Required: a. Determine the overall break-even point for the company. Show your work! b. If the sales mix shifts toward Product Q91I with no change in total sales, what will happen to the break-even point for the company? Explain. Question #3: The selling price of a Corporation's only product is $170.00 per unit and its variable expense is $39.10 per unit. The company's monthly fixed expense is $641,410. Required: Assume the company's monthly target profit is $65,450. Determine the unit sales to attain that target profit. Show your work! Question #4: A Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price Variable Cost per unit Contribution Margin per unit X $180 $100 $80 Y $100 $60 $40 The sales mix for product X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y. Question #5: A Corporation produces and sells a single product. In April, the company sold 9,700 units. Its total sales were $543,200, its total variable expenses were $329,800, and its total fixed expenses were $182,200. Required: a. Construct the company's contribution format income statement for April in good form. b. Redo the company's contribution format income statement assuming that the company sells 10,100 units