Duve Corporation has provided the following contribution format income

Duve corporation has provided the following

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Duve Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.Sales (2,000 units)$40,000Variable expenses24,000Contribution margin16,000Fixed expenses11,200Net operating income$ 4,800If the selling price increases by $4 per unit and the sales volume decreases by 200 units, the net operating income would be closest to:ExplanationSelling price per unit ($40,000 ÷ 2,000 units)$ 20Variable cost per unit ($24,000 ÷ 2,000 units)12Unit contribution margin$8Selling price ($20 per unit + $4 per unit)$24per unitVariable cost per price12per unitUnit contribution margin (a)
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Hedman Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.Sales (9,000 units)$270,000Variable expenses202,500Contribution margin67,500Fixed expenses63,750Net operating income$3,750The margin of safety percentage is closest to: Gayne Corporation's contribution margin ratio is 12% and its fixed monthly expenses are $84,000. If the company's sales for a month are $738,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.
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Hiss Corporation's activity for the last six months is as follows:Machine Hours Electrical CostJuly2,000$1,560August3,000$2,230September2,400$1,750October1,900$1,520November1,800$1,450December2,100$1,600Using the high-low method of analysis, the estimated fixed cost per month for electricity is closest to: (Round your intermediate calculations to 2 decimal places.)
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