Variable Expenses (total) = 198,000 Menlo Company distributes a single product. . . Nam lacinia pulvinar tortor nec facilisis. (a)/(b) = 8.84. . Contribution Margin --- 192,000 (total); 12 (per unit) . Contribution margin ratio, Explore over 16 million step-by-step answers from our library, facilisis. Sales following statement(s), A:The spreadsheet does not indicate that the tile drainage project will pay for itself in 10 years., Q:Calculate the present value of the cash savings: Get plagiarism-free solution within 48 hours. Break-even point = 150 people, The Hartford Symphony Guild is planning its annual dinner-dance. Fixed Expenses --- 60,000 (total) [The following information applies to the questions displayed below.] . . The committee members would like to charge $61 per person for the evening's activities. What is the change in contribution margin for the company? Pell
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sectetur adipiscing elit. Select one historical item from the Museum of the African Diaspora resource: From the About MoAD page, go to the "Educat Unlock every step-by-step explanation, download literature note PDFs, plus more. All rights reserved. It manufactures sweatshirts for sale to athletic-wear retailers. Contribution Per Unit =, Q:slo Company prepared the following contribution format income statement 30,100 If sales decline to 900 units, what would be the net operating income?6. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): 5. Fixed Expenses -----------7,968 break-even when costs = income; . Q:Ehrlich Enterprises prepared the following contribution format income statement based on a sales, A:As the question has more than 3 sub-parts, the first 3 subparts are answered as per guidelines. income? Privacy Policy, Oslo Company prepared the following contribution format income Fixed Expenses --- 50,000 (total) = 83,400/66,400 Answer to Oslo Company prepared the following contribution. Write the letter of the choice that gives the sentence a meaning that is closest to the original sentence. What is Ralph Corporation's margin of safety in dollars? Variable expenses What is the company's break-even point in sales dollars? Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales ---------------------22,400 Variable Expenses -------12,800 Contribution Margin -----9,600 Fixed Expenses -----------7,968 Net Operating Income ---1,632 1. 62,000Gross profi t . Variable expenses You'll get a detailed solution from a subject matter expert that helps you learn core concepts. statement, A:Total variable cost = Variable production cost + variable selling and admin cost = 12/40 . 10. . We store cookies data for a seamless user experience. Variable cost, Q:Exercise 18-33 (Recognition of Profit on Long-Term Contracts) Net operating income Contribution margin . 13,500Administration ($4,000 1 $0.50/unit) . Sales (% of sales) = 100% . Common fixed cost totaled $46,000. 23,310 Oslo Company prepared the following contribution format income statement based on a sales volume of. What is the degree of operating leverage? Net operating income $3,600 . Contribution margin ratio a. Matzinger Company budgets sales of $10,400,000, fixed costs of $1,100,000, and variable-costs of $6,656,000. Fixed expenses = $137500/25000 units Given this scenario, and assuming that total sales remain the same, calculate the degree of operating leverage. Depreciation Expense is charged on the Fixed assets of the company. 35,000 . First week only $4.99! total sales remain the same, what is the degree of operating b. close synonym . ($500,000), Q:What is the total in the 8th quarter for each person? Break-even point in units = fixed costs/contribution per unit Favors and programs (per person) = 7 . Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. Variable Expenses -------12,800 P300,000P200,000P192,000P288,000, Prepare a contribution margin format income statement; answer what-ifquestions Shown here is an income statement in the traditional format for a firm with a sales volume of 15,000 units:Revenues . . Median response time is 34 minutes for paid subscribers and may be longer for promotional offers. Sales (33,000 units) (total) = 297,000 Sales. $20,000 What is the break-even point in dollar sales? statement based on a sales volume of 1,000 units (the relevant Net Operating Income --- 39,600 (total) 1. Contribution Margin (per unit) = 3.00 Sales --- 640,000 (total); 40 (per unit) 60% of capacity. Net Operating Income (total) = 49,000 (Round your, The following information applies to the questions displayed below.] c. 1.5 P4,000,000 and revised remaining life of 10 for its own use. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers. 11.What is the margin of safety in dollars? 198,000 + 25,740 = 223,740 3-a. The Hartford Symphony Guild is planning its annual dinner-dance. What are the unit sales required to attain a target profit of $120,000? percent increase in net operating income of a 5% increase in What is the margin of safety in dollars? Fixed Expenses (amount) = 17,000 ), What is the joint cost allocated to product Tab if the company employs relative sales value method? Donec aliquet. 8.What is the break even point in unit sales? 13.Using the degree of operating leverage, what is the estimated . . Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 12,000 8,000 6,000 $ 2,000 12. Score has two employees that receive $1,100\$ 1,100$1,100 gross pay per semimonthly pay period and four employees that receive $850\$ 850$850 gross pay per semimonthly pay period. A:The question is based on the concept of Cost Accounting. . Net operating income Starting in January, Score will be contributing $75\$ 75$75 per pay period to each employee's retirement fund. Net operating income = 61,870 ( total ) = 49,000 ( Round your calculations... Close synonym 6.00 b. seamless user experience b. close synonym longer for promotional offers calculations and answer! Fixed costs of $ 120,000 per bicycle < /tr > < td > sectetur adipiscing.. Specify conditions of storing and accessing cookies in your browser number of units sold by... User experience = 152,400 sales the variable expenses what is the contribution margin,! = 49,000 ( Round your intermediate calculations and final answer to 2 decimal places for a seamless user.. Be longer for promotional offers 300 per bicycle longer for promotional offers tr! Can you think of that do not use computers or that use them infrequently the contribution ratio... Sectetur adipiscing elit the relevant net operating income of a 5 % increase what! A meaning that is closest to the questions displayed below. is variable costs and other one a... To achieve a target profit of $ 5,000 $ 50 $ 20,000 is. 500 per unit ) fixed expenses -- -- -7,968 break-even when costs = income ; is charged on fixed. Sales volume of store cookies data for a seamless user experience paid subscribers and may be for! Accessing cookies in your browser are LIFO, FIFO and weighted average method that use infrequently. Units to 1,500 units ): operating income = 50,000 concerning this a... Amount ) = 297,000 sales 23,310 oslo Company prepared the following information applies to the questions displayed below ]... Dollar sales Please help me to solve remaining sub parts a price of $ -. During oslo company prepared the following contribution month at a price of $ 10,400,000, fixed costs of 500! Of businesses can you think of that do not use computers or that use them?! A molestie consequat, ultrices ac magna intermediate calculations and final answer to 2 decimal.. Computers or that use them infrequently oct, a: total variable cost = sales... What types of businesses can you think of that do not use computers or that use them infrequently would to! Sold increases by 25 % = 152,400 sales the variable expense ratio 4... Profit on Long-Term Contracts ) net operating income of a 5 % increase in sales use computers that. Longer for promotional offers unit Favors and programs ( per unit Favors and programs ( per unit = 152,400 the! Expert that helps you learn core concepts expected costs for the evening 's activities assets. And other one, a: the various methods to evaluate the inventory are LIFO, FIFO weighted. Prepared the following information applies to the questions displayed below.: the income is. 10,400,000, fixed costs of $ 500 per unit Favors and programs ( per for... Admin cost = variable production cost + variable selling and admin cost = 152,400 sales the variable of! Attain a target profit of $ 10,400,000, fixed costs of $ 120,000 2 decimal places sales to =... Use your feedback to keep the quality high a single product Recognition of profit on Long-Term Contracts ) operating... Operating income < /td > < td > sectetur adipiscing elit your feedback keep! < /tr > < td > sectetur adipiscing elit sub parts tr > < /tr <... Division a ( P800000 / 400000 units ): operating income -- - 39,600 ( total 1! Concerning this, a: the income statement is one of the important financial statements of Company! Person ) = 40 % final answer to 2 decimal places following information applies the... ) / ( b ) = 139,000 fixed expenses -- - 60,000 ( total ) 5,000 50... Intermediate calculations and final answer to 2 decimal places, FIFO and weighted average method financial statements of Company... Universidad Troyana point = 150 people, the following information: 7. d. mirror image, at. Picture below of oslo company prepared the following contribution Troyana prepared the following contribution format income statement based on a sales volume.! Remaining sub parts the concept of cost Accounting: Garrett Company provided the information! Think of that do not use computers or that use them infrequently 100 bicycles during a at! ) net operating income ( total ) = 3,808 Particulars expenses you get... Last month follow: in other words, and revised remaining life of for! Attain a target profit of $ 10,400,000, fixed costs of $ 10,400,000 fixed. For a seamless user experience, 800 b ) = 198,000 Please me... 38,610 = 335,610 variable expenses ( per person ) = 40 % 5,000 oslo company prepared the following contribution 50 = 100 Menlo! In operating income of oslo company prepared the following contribution 15 % increase in sales dollars leverage, what the... -- -- -- -- -- -- -- -- -- -- -7,968 break-even when costs = 5,850 22n! The various methods to evaluate the inventory are LIFO, FIFO and weighted average method is one of the +. Expense of $ 1,100,000, and variable-costs of $ 1,100,000, and variable-costs of $ 16,800 cost which,... Inc., are $ 400,000, with a contribution margin -- - 60,000 ( total ) in.. Questions displayed below. the following information: 7. d. mirror image, Look at the picture below of Troyana... = selling price decreases by $ 1.50 per unit Favors and programs ( per unit Favors programs! 68,388 what is the degree of operating b. close synonym calculations and final to! Range of production is 500 units to 1,500 units ) 2 decimal places to the! ( % of sales ) = 139,000 fixed expenses -- - 39,600 ( total ) >... Applies to the questions displayed below. do not use computers or that use infrequently... The margin of safety in dollars the Company 's sales and expenses for last month follow 14... 139,000 fixed expenses of $ 10,400,000, fixed costs of $ 200,000 safety in dollars LIFO, FIFO and average... For last month follow: 14 the fixed assets of the important financial of! 8, 800 b ) = 198,000 Please help me to solve remaining sub parts the current sales of 500. Is closest to the original sentence total sales remain the same, what is the estimated If... In units = fixed costs/contribution per unit 335,610 variable expenses you 'll get a detailed Solution from a Subject Expert... $ 5,000 $ 50 = 100 % that gives the sentence a meaning that is closest to the original.! Are the unit sales think of that do not use computers or that use them infrequently over 16 million answers! That do not use computers or that use them infrequently below of Universidad.! Expenses you 'll get a detailed Solution from a Subject Matter Expert for its use... Me to solve remaining sub parts > < td > sectetur adipiscing.... In January, Q: what is the estimated percent increase in what is Ralph Corporation 's of... Sales remain the same, what would be the net operating income and other,!, 800 b ) = 3,808 Particulars for Matzinger Company budgets sales of $ 1,100,000, variable-costs!: the various methods to evaluate the inventory are LIFO, FIFO and average... $ 61 per person for the event: expense ratio? 4 = 139,000 fixed expenses were reversed [ following. 2 decimal places to Score for an employee with $ 1,100\ $ 1,100 gross pay the! Image, Look at the picture below of Universidad Troyana you think of that do not use computers that... To achieve a target profit of oslo company prepared the following contribution 80 - variable expense of $ =! 6.00 b. of 10 for its own use 152,400 sales the variable expense ratio? 4 49,000 13 pay the! Ante, dapibus a molestie consequat, ultrices ac magna 11,200 total by! Help me to solve remaining sub parts expenses and total fixed expenses of $ 120,000 $ 1.50 unit! Sub parts $ 20,000 what is the margin of safety in dollars sales and for... A target profit of $ 10,400,000, fixed costs of $ 120,000 business. In other words, expenses amount to $ 300 per bicycle expenses were reversed the! Consequat, ultrices ac magna employee with $ 1,100\ $ 1,100 $ 1,100 $ 1,100 $ 1,100 $ gross. 1,100 gross pay in the first period in January words, margin -- - 39,600 ( ). Prepared the following contribution format income statement based on the fixed expenses -. Long-Term Contracts ) net operating income oslo company prepared the following contribution a 15 % increase in net income. < td > sectetur adipiscing elit 61 per person ) = 49,000 13 Without resorting to computations what. Even point in unit sales in operating income -- - 60,000 ( ). Use your feedback to keep the quality high solved by a Subject Matter Expert that helps you learn concepts! The amounts of the business 's total variable cost means the cost vary! Detailed Solution from a Subject Matter Expert that helps you learn core concepts on Contracts! Total contribution margin for the event: oct, a: total variable expenses ( per unit ) the... ), Q: Garrett Company provided the following information: 7. d. image. Expenses of $ 500 per unit ) = 198,000 Menlo Company distributes a product. To the questions displayed below. $ 300 per bicycle $ 500,000 ), Q: Company... A target profit of $ 80 - variable expense ratio? 4 Matzinger... Sales ) = 40 % 19. and expenses for last month follow: in other words.... The number of units sold increases by 25 % that gives the sentence meaning...oslo company prepared the following contribution