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Southern Rose, Inc. has provided their contribution format income statement. Assume that the following information is within the relevant range. Sales (6000 units) Variable expenses
Southern Rose, Inc. has provided their contribution format income statement. Assume that the following information is within the relevant range. Sales (6000 units) Variable expenses Contribution margin Fixed expenses Net operating income $780,000 546,000 234,000 178.000 $ 56,000 The contribution margin ratio is closest to: 22.8% 42.9% 30.0% 70.0% 0 0 Wonderful Corporation produces and sells a single product. Data concerning that product appear below: Description Total Sales Amount $740,000 Fixed expense per month 96,000 Contribution margin ratio 35% What is the best estimate of the company's net operating income? (Round your intermediate calculations to 2 decimal places) O A $644,000 B. $259,000 oc $163,000 D. $385,000 Purple Incorporated produces and sells a single product. Data concerning that product appear below: Description Amount Selling price per unit $200 Variable expense per unit $120 Fixed expense per month $370,000 The unit sales to attain the company's monthly target profit of $72,000 is closest to: (Round your intermediate calculations to 2 decimal places) 5,525 units 4,625 units 3,725 units 2,947 units
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