80.2K

Verified Solution

Link Copied!

please anwser all the parts asap

Per Unit $ 20 14 $6 Total $ 312,000 218,400 93,600 72,600 $ 21,000 Sales Variable expenses Contribution margin Tixed expenses Net operating income Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $35,400? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of sofety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $81,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating Income to increase? Complete this question by entering your answers in the tabs below. Reqs Reg 1 Reg 2 Rea 3A Rea 38 Reg 4 What is the monthly break-even point in unit sales and in dollar sales? Break-even point in unit sales 12.100 units Break-even point in dollar sales $ 242,000 Check my won B. Sales Variable expenses Contribution margin Tixed expenses Net operating inoon Total $ 312,000 213.400 93.600 72,600 $ 21,000 PE Unit $20 14 55 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2 Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $35.400? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? if the company can sell more units thereby increasing sales by $81,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg1 2 Reg 3A Reg 38 Reg Req5 Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin 5 72,600 $20 Per Total Unit Sales $ 312,000 Variable expenses 218,400 Contribution margin 93,600 Tixed expenses 72,600 Net operating income $ 21,000 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $35,400? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms 5. What is the company's CM rotlo? if the company can sell more units thereby increasing sales by $81,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Rey 34 Reg 38 Reg 4 Reg 5 How many units would have to be sold each month to attain a target profit of $35,400? Units sales needed to attain target prolt 18,000 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $35,400? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data, Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $81,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Reg 3 Req4 Reg 5 Verify your answer by preparing a contribution format income statement at the target sales level Menlo Company Contribution Income Statement Total Per Unit Sales Variable expenses Contribution margin 0 $ 0 Food expenses Net operating income $ 0 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break even point? 3-a. How many units would have to be sold each month to attain a target profit of $35,400? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $81,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Reg 38 Req Reg 5 Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places (.e. 0.1234 should be entered os 12:34)) Dollars Percentage Margin of safety Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $35,400? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $81,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Req Reg 2 Reg 3A Reg 38 Reg 4 Reg 5 What is the company's CM ratio? If the company can sell more units thereby increasing sales by $81,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? CM ratio Net operating income increases by

Answer & Explanation Solved by verified expert

See Answer