subject
Business, 11.02.2020 00:17 NeonPlaySword

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 $20,900
Variable expenses $12,300
Contribution margin $8,600
Fixed expenses $6,708
Net operating income $1,892
1.What is the contribution margin per unit?

2.If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.)

3.If sales decline to 900 units, what would be the net operating income? (Do not round intermediate calculations.)

4. If the selling price increases by $2.30 per unit and the sales volume decreases by 100 units, what would be the net operating income (Do not round intermediate calculations.)

5.If the variable cost per unit increases by $1.30, spending on advertising increases by $1,800, and unit sales increase by 250 units, what would be the net operating income? (Do not round intermediate calculations.)

6. What is the break-even point in unit sales?

7.What is the break-even point in dollar sales? (Round intermediate calculations to 4 decimal places. Round your answer to the nearest dollar amount.)

8.How many units must be sold to achieve a target profit of $5,246? (Do not round intermediate calculations.)

9.What is the margin of safety in dollars? (Do not round intermediate calculations.)

10. What is the margin of safety percentage? (Round your final answers to the nearest whole percentage (i. e, .12 should be entered as 12).)

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 00:00, koolja3
Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)
Answers: 2
image
Business, 22.06.2019 08:30, aasiarobinson998
What is the key to success in integrating both lethal and nonlethal activities during planning? including stakeholders once a comprehensive operational approach has been determined knowing the commander's decision making processes and "touch points" including stakeholders from the very beginning of the design and planning process including the liaison officers (lnos) in all the decision points?
Answers: 1
image
Business, 22.06.2019 11:00, samwamooo
Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.
Answers: 2
image
Business, 22.06.2019 15:00, swansondonovanp66got
Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.
Answers: 1
You know the right answer?
Oslo Company prepared the following contribution format income statement based on a sales volume of...

Questions in other subjects:

Konu
English, 28.02.2021 01:00
Konu
English, 28.02.2021 01:00