21. Future Company's projected income statement for the month before any special order is as follows: P 96,000 76,800 19,200 7,200 12,000 Sales Cost of goods sold Gross profit Selling expenses Operating income The company's income statement was based on an expected sale of 4,800 units. Fixed costs includes in the projected income statement are P19,200 cost of goods sold and P2,160 of selling expenses. A special order offering to buy 480 units for P17 each was made to Future Company. No additional selling expenses will be incurred if the special order is accepted. Future has the capacity to manufacture 480 units As a result of the special order, by how much would income increase? *write positive if increase and negative if decrease, no need to write the word increase or decrease.

Please answer questions #2-7, Thank you!! :)   Determine the amount of sales (units) that would be necessary under Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 90,450 units at a price of $48 per unit during the current year. Its income statement for the current year is as follows: Sales     $4,341,600 Cost of goods sold     2,144,000 Gross profit     $2,197,600 Expenses:       Selling expenses $1,072,000     Administrative expenses 1,072,000     Total expenses     2,144,000 Income from operations     $53,600 The division of costs between fixed and variable is as follows:   Variable Fixed Cost of goods sold 70%   30%   Selling expenses 75%   25%   Administrative expenses 50%   50%   Management is considering a plant expansion program that will permit an increase of $384,000 in yearly sales. The expansion will increase fixed costs by $38,400, but will not affect the relationship between sales and…

XYZ, Inc. reports the following information for November: Sales Revenue $800,000 Variable Cost of Goods Sold 110,000 Fixed Cost of Goods Sold 45,000 Variable Selling and Administrative Costs 100,000 Fixed Selling and Administrative Costs 70,000 Calculate the gross profit for November using absorption (traditional) costing. Question 18Select one: A. $ 730,000 B. $690,000 C. $700,000 D. $645,000

Determine the amount of sales (units) that would be necessary under  Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 101,250 units at a price of $84 per unit during the current year. Its income statement for the current year is as follows: Sales     $8,505,000 Cost of goods sold     4,200,000 Gross profit     $4,305,000 Expenses:       Selling expenses $2,100,000     Administrative expenses 2,100,000     Total expenses     4,200,000 Income from operations     $105,000 The division of costs between fixed and variable is as follows:   Variable Fixed Cost of goods sold 70%   30%   Selling expenses 75%   25%   Administrative expenses 50%   50%   Management is considering a plant expansion program that will permit an increase of $672,000 in yearly sales. The expansion will increase fixed costs by $67,200, but will not affect the relationship between sales and variable costs. Required: 1.  Determine the…

Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $31.00 18.00 $ 13.00 Sales (8,600 units) Variable expenses Contribution, margin Fixed expenses Net operating income Total $ 266,600 154,800 111,800 Required: (Consider each case independently): 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income 56,000 $ 55,800 1. What would be the revised net operating income per month if the sales volume increases by 90 units? 2. What would be the revised net operating income per month if the sales volume decreases by 90 units? 3. What would be the revised net operating income per month if the sales volume is.7,600 units?

Determine the amount of sales (units) that would be necessary under  Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 83,700 units at a price of $48 per unit during the current year. Its income statement for the current year is as follows: Sales     $4,017,600 Cost of goods sold     1,984,000 Gross profit     $2,033,600 Expenses:       Selling expenses $992,000     Administrative expenses 992,000     Total expenses     1,984,000 Income from operations     $49,600 The division of costs between fixed and variable is as follows:   Variable Fixed Cost of goods sold 70%   30%   Selling expenses 75%   25%   Administrative expenses 50%   50%   Management is considering a plant expansion program that will permit an increase of $336,000 in yearly sales. The expansion will increase fixed costs by $33,600, but…

Assume the following information for a merchandising company: Number of units sold 20,000 Selling price per unit $ 30 Variable selling expense per unit $ 3.60 Variable administrative expense per unit $ 3.10 Fixed administrative expenses $ 50,000 Beginning merchandise inventory $ 24,000 Ending merchandise inventory $ 19,000 Merchandise purchases $ 340,000 What is the contribution margin?

Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 300,000 Beginning merchandise inventory $ 20,000 Purchases $ 200,000 Ending merchandise inventory $ 7,000 Fixed selling expense ?question mark Fixed administrative expense $ 12,000 Variable selling expense $ 15,000 Variable administrative expense ?question mark Contribution margin $ 60,000 Net operating income $ 18,000  3. Calculate the selling price per unit. 4. Calculate the variable cost per unit. 5. Calculate the contribution margin per unit.

Solve the incorrect

Determine the amount of sales (units) that would be necessary under Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 105,300 units at a price of $105 per unit during the current year. Its income statement for the current year is as follows: Sales     $11,056,500 Cost of goods sold     5,460,000 Gross profit     $5,596,500 Expenses:       Selling expenses $2,730,000     Administrative expenses 2,730,000     Total expenses     5,460,000 Income from operations     $136,500 The division of costs between fixed and variable is as follows:   Variable Fixed Cost of goods sold 70%   30%   Selling expenses 75%   25%   Administrative expenses 50%   50%   Management is considering a plant expansion program that will permit an increase of $840,000 in yearly sales. The expansion will increase fixed costs by $84,000, but will not affect the relationship between sales and variable costs. Required: 1.  Determine the…