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Use the following information to answer the questions that follow. Please show your work. This may require using a separate piece of paper. Make sure
Use the following information to answer the questions that follow. Please show your work. This may
require using a separate piece of paper. Make sure your name is on both.
Lake Berryessa Marine
Income Statements
For the Three Months Ending June
April May June
Sales in units
Sales revenue $ $ $
Cost of goods sold
Gross margin
Selling & admin expenses
Advertising
Shipping
Depreciation
Total selling & admin expenses
Net operating income $ $ $
What is the CM per unit?
What is the CM ratio?
What is the breakeven in units?
What is the breakeven in dollars?
What level of sales is required to meet a target NOI of $
What is the margin of safety ratio for May?
What is the DOL for May?
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