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Use the information below to answer questions 1-11 1-11 Mobilejo co Contribution Income Statement For the financial year ended June 30, 2020 Total.............. Per Unit
Use the information below to answer questions 1-11 1-11 Mobilejo co Contribution Income Statement For the financial year ended June 30, 2020 Total.............. Per Unit Sales (85 Mobiles) $49.300... $580 Variable expenses. 32.045. 377 Contribution margin. 17,255. $203 Fixed expenses. 13,804 Net operating income....... $ 3.451 The contribution margin ratio is -1 925 O 0 Nothing mentioned ( ) 9620 O 9640 0 9635 33 If MobileJoco. plans a $15,000 increase in sales during the coming year, the target operating-2 :profit should increase by 6000 a 3750 O 4950 5,250 0 : ) (Y) Nothing mentioned The break-even point in unit is-3 55 O 68 O 38 75 O 5 _ Nothing mentioned ( The break-even point in sales $ is -4 38,646 O 37,870 O 45,540 O 39.440 O Nothing mentioned ( 42,380 0 The sales volume (in unit) needed to attain $6293 target operating profit is -5 199 400 C 99 C 399 0 299 Nothing mentioned ( ) 195 The dollar sales needed to attain $6293 target operating profit is -6 59,350 O 0 Nothing mentioned ( ) 57,420 59,330 O 47,963 55,360 59,320 0 57.240 Margin of safety in dollars is -7 9,369 O 9,558 O 9,670 Nothing mentioned ( ) 9,680 9,880 :Margin of safety (in dollars) percentage is -8 9625 Nothing mentioned ( ) 933 0 9617.5 9640 0 9620 :35 * :Degree of operating leverage-9 10 O 8 O 30 60 12 O 50 Nothing mentioned ( ) 70 If sales increase by 8.8%, the Percentage change in net operating income is -10 %45 %18.18 9622 9633 9844 Nothing mentioned ( ) 9635
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