This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Data Concerning that product appear below: Selling price per unit $230.00 Variable expense per unit $103.50 Fixed expense per month $518,650 Assume the companys monthly target profit is $12,650. Determine unit sales and dollar sales to attain that target profit. Total Per Unit Sales (4200 units) $966,000 $230 Variable Expense $ 434,700 $ 103.5 Contribution Margin $ 531,300 $ 126.5 Fixed Expenses $ 518,650 Net Operating Income $ 12,650 4. Allen Inc. has provided its contribution format income statement for July. Sales $558,000 Variable expenses 306,900 Contribution margin $251,100 Fixed expenses 209,800 Net Operating Income $41,300 Compute the degree of operating leverage to two decimal places. $251,100/ $41,300 6.08...
View Full Document
- Spring '10