Question
these questions ASAP. thank you 1. Florek Inc. produces and sells a single product. The company has provided its contribution format income statement for March.
1. Florek Inc. produces and sells a single product. The company has provided its contribution format income statement for March. |
Sales (5,700 units) | $ | 256,500 |
Variable expenses | 148,200 | |
Contribution margin | 108,300 | |
Fixed expenses | 86,900 | |
Net operating income | $ | 21,400 |
If the company sells 5,900 units, its net operating income should be closest to:
A. $25,200B. $21,400C. $30,400D. $22,151
2. Spartan Systems reported total sales of $410,000, at a price of $25 and per unit variable expenses of $14, for the sales of their single product. |
Total | Per Unit | |
Sales | $410,000 | $25 |
Variable expenses | 229,600 | 14 |
Contribution margin | 180,400 | $11 |
Fixed expenses | 111,000 | |
Net operating income | $69,400 | |
What is the amount of contribution margin if sales volume increases by 30%?(Round your intermediate calculations to 2 decimal places and your final answer to the nearest whole number.) |
rev: 03_17_2016_QC_CS-44872, 03_18_2016_QC_CS-44872
A. $142,000B. $40,300C. $234,520D. $21,700
3. Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $48,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $139,000? |
A. $84,790B. $5,710C. $36,290D. $90,500
4. The Clyde Corporation's variable expenses are 40% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $29,000. If sales increase by $79,000, the company's net operating income will increase by: |
5. Darwin Inc. sells a particular textbook for $31. Variable expenses are $22 per book. At the current volume of 45,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total: |
A. $405,000B. $1,395,000C. $1,800,000D. $990,000
6. Wyly Inc. produces and sells a single product. The selling price of the product is $180.00 per unit and its variable cost is $57.60 per unit. The fixed expense is $392,088 per month. |
The break-even in monthly dollar sales is closest to:(Round your intermediate calculations to 2 decimal places.) |
A. $1,225,275B. $833,187C. $576,600D. $392,088
7. Morganti Corporation sells a product for $120 per unit. The product's current sales are 40,800 units and its break-even sales are 31,350 units. What is the margin of safety in dollars? |
8. Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. |
Sales (4,600 units) | $ | 193,200 |
Variable expenses | 87,400 | |
Contribution margin | 105,800 | |
Fixed expenses | 45,200 | |
Net operating income | $ | 60,600 |
If the company sells 4,700 units, its total contribution margin should be closest to:
A. $61,917B. $105,800C. $108,100D. $110,000
9. Carlton Corporation sells a single product at a selling price of $40 per unit. Variable expenses are $22 per unit and fixed expenses are $82,800. Carlton's break-even point is: A. 4,600 units B. 3,764 units C. 5,000 units D. 2,070 units
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