6. %24 iz/attempt.php?attempt3D216068&cmid3D185308&page=D1 The manufacturing capacity of Jordan Company's facilities is 30,000 units a year. A summary of operating results for last year follows: Sales (18,000 units @ 000'008 Variable costs 000'066 Contribution margin 000'018 Fixed costs Net operating income $315,000 A foreign distributor has offered to buy 12,000 units at $95 per unit next year. Jordan expects its regular sales next year to be 20,000 units at $100 per unit. If Jordan accepts this offer for 12,000 units and rejects some business from regular customers so as not to exceed capacity, what is the expected total net operating income for next year? (Assume that the total fixed costs would be the same no matter how many units are produced and sold.) Select one: $795,000 $735,000 Clear my choice pe here to search 81 15 f4 f3 #

6. %24 iz/attempt.php?attempt3D216068&cmid3D185308&page=D1 The manufacturing capacity of Jordan Company's facilities is 30,000 units a year. A summary of operating results for last year follows: Sales (18,000 units @ 000'008 Variable costs 000'066 Contribution margin 000'018 Fixed costs Net operating income $315,000 A foreign distributor has offered to buy 12,000 units at $95 per unit next year. Jordan expects its regular sales next year to be 20,000 units at $100 per unit. If Jordan accepts this offer for 12,000 units and rejects some business from regular customers so as not to exceed capacity, what is the expected total net operating income for next year? (Assume that the total fixed costs would be the same no matter how many units are produced and sold.) Select one: $795,000 $735,000 Clear my choice pe here to search 81 15 f4 f3 #

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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u.om/mod/quiz/attempt.php?attempt3D18933338&cmid%3D891193&page%=D15 NG SYSTEM (ACADEMIC) cerial Accounting - Spring21 Time left 0:31:27 The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. O a. 59,895 O b. None of the given answers O . 176,650 O d. 116,755 O e. 139,755 CLEAR MY CHOICE FINISH ATTEMPT ... AGE
ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghm Assume the following (1) contribution margin = $150,0000 (2) net operating income $15,000, and (3) sales increase by 14%. Given these three assumptions, net operating income will increase by: Multiple Choice 15 1%. 14%. 116. 140%. < Prev 15 of 50 Next 2 Search for anything
CVP Analysis, *What IT?" AnalysisKevin Co. projected contribution-format income statement for the upcoming month is shownBelow Sales (500 units) $10000Variable expenses. 4000Contributions margin. 6000Fixed expenses. 1000Net operating income. 5000Required:a.) Compute the breakeven point in units.b) Compute the breakeven paint in dollars.c.) If the company wishes to earn a monthly target profit of $10,000, how many units must be sold each month?d.) Compute the company's margin of safety. State your answer in both dollar and percentage terms,e.) The company's manager thinks that adding a salaried sales staff member at a cost of 52,000 per month will increase sales by $4,000 per month. If he is correct, what will be the net dollar advantage or disadvantage of making this change?t.) Refer to the original data, the company's manager believes that a new production process will improve profitability. He plans to add new machinery that will cut variable expenses…
Q # 1: The income statement for the Stylo Company for the past year is: Sales (150000 units @ $30) $4,500,000 Cost of Goods Sold: Materials $1,050,000 Labour 1,500,000 Variable FOH 450,000 Fixed FOH 500,000 3,500,000 Gross Profit $1,000,000 Variable Marketing Expenses $ 135,000 Fixed Marketing Expenses 185,000 Fixed Administrative Expenses 180,000 500,000 Income before Tax $ 500,000 Income Tax 250,000 Net Inco me $ 250,000 Woodstock is preparing its budget for the coming year and has made the following predictions about cost increases: material 5%, labour 8%, all other costs including fixed 6%. Productive capacity is 200,000 units. The president has been offered various proposals by the division managers as follows: Maintain the present volume and sales price Produce and sell at capacity and reduce the unit price $28. Raise the unit price to $32,…
Ma3. Nike Corp. recorded operating data for its shoe division for the year as follows: Sales - $12160000 Contribution margin - 380000 Controllable fixed costs - 120000 Average total operating assets - 760000 What is the controllable margin for the year? A.$260000 B.32% C.$380000 D.50%
Q # 1: The income statement for the Stylo Company for the past yearis: Salcs (150000 units a $30) Cost of Goods Sold: $4,500,000 Materials $1,050,000 1,500,(100 450,000 500,000 Labour Variable FOH Fixed FOH 3.500,000 $1,000.000 Gross Profit $ 135.000 Variable Marketing Expenses Fixed Marketing Expenses Fixed Administrative Expenses 185,000 180.000 500.000 $ 500,000 250,000 S 250,000 Income before Tax Income Tax Net Inco me Woodstock is preparing its budget for the coming year and has made the following predictions about cost increascs: material 5%, labour 8%, all other costs inçluding fixed 6%. Productive capacity is 200,000 units. The president has been offered various proposals by the division managers as follows: Maintain the present volume and sales price Produce and sell at capacity and reduce the unit price $28. Raise the unit price to $32, spend an cxtra # 300,000 on advertising, and produce and sell 180,000 um its. Required: Recommended action, based on quantification of…
If the contribution margin ratio for France Company is 32%, sales are $488,000, and fixed costs are $110,000, the operating income is Oa. S110,000 Ob. $46,160 Oc. $36,928 Od. S156,160 Previous Submit Te Reflector-3.2.1.dmg
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In. In. ? A 1:A pm2.pdf > C) Ledbetter Company reported the following results from sales of 5,000 units of Product A for June: Sales $200,000 Variable costs (120,000) Fixed costs (60,000) Operating income $ 20,000 Assume that Ledbetter increases the selling price of Product A by 10 percent in July. How many units of Product A would have to be sold in July to generate an operating income of $20,000? a. 4,000 b. 4.300 c. 4,545 d. 5.000
ageNOWv2 | Online teachin X + m/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A F Variable costs as a percentage of sales for Lemon Inc. are 72%, current sales are $610,000. and fixed costs are $191,000. How much will income from operations change if sales increase by $48,900? Oa. $13,692 decrease Ob. $13,692 increase Oc. $35,208 decrease. Od. $35,208 increase D Q 10+
waterway industries reported the followingn information for the current year: sales (54000 units) $1080000, direct materials and direct labor $540,000, other variable costs $54000, and fixed costs $360000. what is Waterways contribution margin ratio? a. 55% b. 67% c. 33% d. 45%
(Related to Checkpoint 13.3) (Scenario analysis) Family Security is considering introducing tiny GPS trackers that can be inserted in the sole of a child's shoe, which would then allow for the tracking of that child if he or she was ever lost or abducted. The estimates, that might be off by 11 percent (either above or below), associated with this new product are shown here: E. Since this is a new product line, you are not confident in your estimates and would like to know how well you will fare if your estimates on the items listed above are 11 percent higher or 11 percent lower than expected. Assume that this new product line will require an initial outlay of $1.09 million, with no working capital investment, and will last for 10 years, being depreciated down to zero using straight-line depreciation. In addition, the firm's required rate of return or cost of capital is 10.3 percent, and the firm's marginal tax rate is 34 percent. Calculate the project's NPV under the "best-case…