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7.Dybala Corporation\'s produces and sells a single product. Data concerning tha

ID: 2478412 • Letter: 7

Question

7.Dybala Corporation's produces and sells a single product. Data concerning that product appear below:

90   

50%    

$ 90   

50%    


The company is currently selling 6,700 units per month. Fixed expenses are $547,700 per month. The marketing manager believes that a $7,100 increase in the monthly advertising budget would result in a 170 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change?

Decrease of $7,100

Decrease of $8,200

Increase of $15,300

Increase of $8,200

8.

Data concerning Wang Corporation's single product appear below: (Do not round your intermediate calculations.)

The break-even in monthly dollar sales is closest to:

$216,000

$285,120

$146,880

$432,000

9.

Data concerning Cutshall Enterprises Corporation's single product appear below:

3,540

2,141

4,915

3,792

10.

A cement manufacturer has supplied the following data:

The company's contribution margin ratio is closest to:

44.5%

60.0%

68.2%

18.7%

11.

Gonyo Inc., which produces and sells a single product, has provided the following contribution format income statement for December appears below:

  

Redo the company's contribution format income statement assuming that the company sells 5,200 units.

7.Dybala Corporation's produces and sells a single product. Data concerning that product appear below:

Explanation / Answer

7)

Incremental contribution from 170 units = 170 x $90 = $15300

Incremental cost from advertisement = $ 7100

Incremental profit = $15300 - $7100 = $8200

8)

Contribution margin = Sales – variable cost = $240 - $76.80 = $163.20

Contribution margin ratio = Contribution / Sales = $163.20 / $240 = 0.68

Break-even point in dollars

= Fixed cost / contribution margin ratio

= $146880 / 0.68 = $216000

9)

Contribution per unit = $225 - $98 = $127

Number of units required to be sold

= (fixed cost + target profit) / contribution per unit

= $(449640 + 32000) / $127 per unit

= 37952 units

10)

Contribution

= Sales Revenue – Variable costs       

= Sales Revenue – (Variable manufacturing expense + Variable selling and administrative expense)

= $974000 – ($231000 + $158600)

= $584400

Contribution Margin Ratio = contribution / sales = $584400 / $974000 = 0.60 = 60%

11)

Selling price per unit = $305000 / 5000 = $61 per unit

Variable expense per unit = $150000 / 5000 = $30 per unit

Sales (2500 x $61) $ 1,52,500 Less: variable Expenses (2500 x $30) $ 75,000 Contribution margin $ 77,500 Less: fixed Expenses $ 1,06,000 Net Operating Income/(loss) ($ 28,500)
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