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Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 20,00

ID: 2642389 • Letter: S

Question

Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 20,000

Variable expenses . . . . . . . . . . . . . . . . . . . . . . . 12,000

Contribution margin . . . . . . . . . . . . . . . . . . . . . . 8,000

Fixed expenses . . . . . . . . . . . . . . . . . . . . . . . . . . 6,000

Net operating income . . . . . . . . . . . . . . . . . . . . . $ 2,000

1. If sales decline to 900 units, what would be the net operating income?

2. If the selling price increases by $ 2 per unit and the sales volume decreases by 100 units, what would be the net operating income?

3. If the variable cost per unit increases by $ 1, spending on advertising increases by $ 1,500, and unit sales increase by 250 units, what would be the net operating income?

For questions 1-3: (Please use the formats below to display answer)

Units                   

Per unit

Sales                                  

Variable expenses                                        

Contribution margin                                    

Fixed expenses                               

Net operating income                                 

             

Question 4: What is the break- even point in unit sales?

Profit     =             Unit CM X Q - Fixed expenses     

                              =                            units

                                                          

Question 5: What is the break- even point in dollar sales?

Profit     =             CM ration X Sales - Fixed Expenses           

               =                          

Question 6: How many units must be sold to achieve a target profit of $ 5,000?

Profit     =             Unit CM X Q - Fixed expenses     

               =                            Units

Question 7: What is the margin of safety in dollars? What is the margin of safety percentage?

Sales                                  

Break-even sales at units                                           

Margin of safety (in dollars)                                      

Margin of safety (in dollars)                                      

Sales                                  

Margin of safety percentage                                    

Question 8: What is the degree of operating leverage?

Contribution margin                                    

Net operating income                                 

Degree of operating leverage                                  

Question 9: Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales?

Degree of operating leverage                                  

% increase in sales                                       

% increase in net operating income                                       

Question 10: Assume that the amounts of the company

Explanation / Answer

Answer 1:

Assuming the initial sales unit as 1000 units,

Answer 2:

Answer 3:

Operating profit will increase by $1750.

3750

Answer 4:

Break even point in unit sales = Fixed cost / Contribution per unit = 6000/ 8 = 750 units

Profits = 750*20 -6000 = 15000-6000=9000

Answer 5:

Break even in dollars = Fixed cost / contribution = 6000/8000 = 0.75

Profit = 0.75*20000-6000=9000

Answer 6 :

Desired Sales = Fixed cost +Target Profit / Contribution per unit=6000+5000/8=1375 units

Answer 7:

Sales = $20000

Break-even sales at units =750   

Margin of safety (in dollars) =250 units

Margin of safety (in dollars) = $ 5000   

Sales                                  

Margin of safety percentage = 25%

Answer 8:

Contribution margin = $8000   

Net operating income =$2000

Degree of operating leverage =2000/8000 =0.25

Answer 9:

Degree of operating leverage =0.25   

% increase in sales = 5%

% increase in net operating income = 5/0.25 = 20%

Answer 10:

Contribution margin = $20000- $ 6000 = $ 14000

Net operating income = $2000

Degree of operating leverage = 2000/14000 =0.15

Answer 11:

Degree of operating leverage = 0.15

% increase in sales = 5%   

% increase in net operating income = 5/ 0.15 = 33.33%

1. If sales decline to 900 units then operating profit will decrease by $800. Units 900 Per unit 20 Sales 18000 Variable expenses 10800 Conribution Margin 7200 Fixed Expenses 6000 Net Operating Income 1200
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