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Use the following information: Units sold = 9,700 Sales = $281,300 Variable expenses = $174,600 Fixed expenses = $90,000 What is the contribution margin per
Use the following information: Units sold = 9,700 Sales = $281,300 Variable expenses = $174,600 Fixed expenses = $90,000 What is the contribution margin per unit? $18.00 per unit O $11.00 per unit $1.72 per unit Whirly Corporation's contribution format Income statement for the most recent month is shown below: Sales (7,600 units) Variable expenses Total $ 258, 4ee 144,400 Per Unit $ 34.00 19.08 Contribution margin 114,eee $ 15.00 Fixed expenses 55,100 Net operating income $ 58,900 Required: Consider each case Independently): 1. What would be the revised net operating Income per month of the sales volume Increases by 80 units? 2. What would be the revised net operating income per month of the sales volume decreases by 80 units? 3. What would be the revised net operating Income per month if the sales volume is 6.600 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income Required Information [The following information applies to the questions displayed below.] Karlik Enterprises distributes a single product whose selling price is $28 per unit and whose variable expense is $18 per unit. The company's monthly fixed expense is $24.000. 2 Calculate the company's break-even point in unit sales. Unit sales to break even units Last month when Holiday Creations, Inc., sold 35.000 units, total sales were $140.000 total variable expenses were $100,800, and fixed expenses were $37.500. Required: 1. What is the company's contribution margin (CM) ratio? 2 What is the estimated change in the company's net operating Income if it can increase sales volume by 525 units and total sales by $2100? (Do not round Intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income
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