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These two please, will like the answer. Sales (30,000 units) Variable expenses Contribution margin Per Unit $ 5.00 2.00 Total $ 150,000 60,000 90,000 42,000
These two please, will like the answer.
Sales (30,000 units) Variable expenses Contribution margin Per Unit $ 5.00 2.00 Total $ 150,000 60,000 90,000 42,000 $ 48,000 $ 3.00 Fixed expenses Net operating income Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.20 per unit and the number of units sold increases by 17%? 3. What is the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 2%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income The Hartford Symphony Guild is planning its annual dinner-dance. The dinner-dance committee has assembled the following expected costs for the event: Dinner (per person) Favors and program (per person) Band Rental of ballroom Professional entertainment during intermission Tickets and advertising $ 30 $ 3 $1,260 $ 630 $1,260 $3,150 The committee members would like to charge $54 per person for the evening's activities. Required: 1. What is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. Assume that last year only 200 persons attended the dinner-dance. If the same number attend this year, what price per ticket must be charged in order to break even? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) 1. persons Break-even point Ticket price per person to break even 2Step by Step Solution
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