Lin Corporation has a single product whose selling price is $136 per unit and whose...
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Accounting
Lin Corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. The company's monthly fixed expense is $31,650. Required: 1. Calculate the unit sales needed to attain a target profit of $5,750. (Do not round intermediate calculationo.) 2. Calculate the dollor soles needed to attain a target profit of $9,900. (Round your intermediate calculations to the nearest whole number.) 1. Units sales to attain target profit 2 Dollar sales to attain target profit units Molander Corporation is a distributor of a sun umbrella used at resort hotels Data concerning the next month's budget appear be Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 29 $ 14 $ 13,200 1,030 Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) 1. Margin of safety (in dollars) 2 Margin of safety percentage 1% Engberg Company installs lawn sod in home yords. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 132,000 52,820 79,200 19,000 $ 60,200 Percent of Soles 100% 40% 60% Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 15% increase in sales. 3. Construct a new contribution format income statement for the company assuming a 15% increase in sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) De operating lavage (Required 1 Required 2 >



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