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this is the data: answer all these questions. apter 5 4 s 02:11:48 uped Book Nences Topper Sports, Incorporated, produces high-quality sports equipment. The company's
this is the data:
apter 5 4 s 02:11:48 uped Book Nences Topper Sports, Incorporated, produces high-quality sports equipment. The company's Racket Division manufactures three tennis rackets-the Standard, the Deluxe, and the Pro-that are widely used in amateur play. Selected information on the rackets is given below: Fixed production costs Advertising expense Administrative salaries Standard $ 60.00 Selling price per racket Variable expenses per racket: Production. Selling (5% of selling price) All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs: Per Month $ 132,000 112,000 62,000 Total $ 306,000 Sales, in units, over the past two months have been as follows: Standard Deluxe Pro 2,000 5,000 8,000 3,000 April May 1,000 1,000 $36.00 $ 3.00 Total Deluxe $90.00 8,000 12,000 $ 45.00 $ 4.50 Pro $ 100.00 Required: 1-a. Prepare contribution format income statements for April. 1-b. Prepare contribution format income statements for May. 3. Compute the Racket Division's break-even point in dollar sales for April. $36.00 $5.00 4. Will the break-even point would be higher or lower with May's sales mix than with April's sales mix? 5. Assume that sales of the Standard racket increase by $21,200. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $21,200? Do not prepare income statements; use the incremental analysis approach in determining your answer. WHIL risporc Variable expenses: Total variable expenses Fixed expenses: Total fixed expenses Standard Aribunt $ 0 0 Topper Sports, Incorporated Income Statement for April Deluxe % Amount 0 0 $ 0 0 C Reg 1A % 0 0 $ Amount wwww Pro 0 0 Req 18 > New 0 0 Amount $ Total $ 0 0 0 0 % 0.0 0.0 4 02:11:05 ped Book rences Prepare contribution format income statements for May. (Round "Total percent" answers to 1 decimal place) Topper Sports, Incorporated Income Statement for May Deluxe Variable expenses Total variable expenses Fixed expenses: Total fixed expenses $ Standard Amount 0 0 % Amount 0 0 $ 0 0 Req1A % Amount 0 0 $ Pro 0 0 Reg 3 > % 0 0 $ Total Amount $ 0 0 % 0.0 0.0 10:55 ed * Apri May 2,000 1,000 5,000 8,000 8,000 1,000 3,000 12,000 Required: 1-a. Prepare contribution format income statements for April. 1-b. Prepare contribution format income statements for May 3. Compute the Racket Division's break-even point in dollar sales for April. 4. Will the break-even point would be higher or lower with May's sales mix than with April's sales mix? 5. Assume that sales of the Standard racket increase by $21,200. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $21,200? Do not prepare income statements; use the incremental analysis approach in determining your answer Complete this question by entering your answers in the tabs below. Reg 1B Reg 1A Reg 3 Req 4 Compute the Racket Division's break-even point in dollar sales for April. (Round intermediate percentage calculations to 1 decimal place and final answer to the nearest whole dollar) Break-even point in dollar sales Reg 5 48 es 8,000 1,000 3,000 12,000 May Required: 1-a. Prepare contribution format income statements for April. 1-b. Prepare contribution format income statements for May. 3. Compute the Racket Division's break-even point in dollar sales for April. 4. Will the break-even point would be higher or lower with May's sales mix than with April's sales mix? 5. Assume that sales of the Standard racket increase by $21,200. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $21,200? Do not prepare income statements; use the incremental analysis approach in determining your answer. Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Reg 3 Req 4 Req 5 Whether the break-even point would be higher or lower with May's sales mix than with April's sales mix? Higher Lower 10:42 ed Ok Required: 1-a. Prepare contribution format income statements for April. 1-b. Prepare contribution format income statements for May. 3. Compute the Racket Division's break-even point in dollar sales for April. 4. Will the break-even point would be higher or lower with May's sales mix than with April's sales mix? 5. Assume that sales of the Standard racket increase by $21,200. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $21,200? Do not prepare income statements; use the incremental analysis approach in determining your answer. Complete this question by entering your answers in the tabs below. Req 3 Effect on Net operating income Req 4 Req 1A Reg 18 Regis Assume that sales of the Standard racket increase by $21,200. What would be the effect on net operating income? What would be the effect if Pro racket sales increased by $21,200? Do not prepare income statements; use the incremental analysis approach in determining your answer. Standard answer all these questions.
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