Marlin Motors sells a single product with a selling A. What is the company's break-even point in units? Break-even units 170 V units B. What is the company's break-even point in dollars? Break-even dollars $ 78,200 Eendback C. Prepare a contribution margin income statement for the month of November when they will sell 120 units. Use a minus sign for a net loss if present. Income Statement Sales v 55.200 V Variable Costs v 16,560 Contribution Margin v 38,640 Fixed Costs 54,740 V Net Loss -16,100 V Feedback D. How many units will Marlin.need to sell in order to realize a target profit of $67,620? New break-even units 380 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $67,620? New break-even dollars s 174,800 Feedback F. Construct a contribution margin income statement for the month of February that reflects $230,000 in sales revenue for Marlin Motors. Income Statement Sales v 230,000 Variable Costs Contribution Margin v Fixed Costs Net Incomev Feedback Feedback

Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit of $360. The companys monthly fixed expenses are $72,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of January when they will sell 500 units. How many units will Kerr need to sell in order to realize a target profit of $120,000? What dollar sales will Kerr need to generate in order to realize a target profit of $120,000? Construct a contribution margin income statement for the month of June that reflects $600,000 in sales revenue for Kerr Manufacturing.

Markham Farms reports the following contribution margin income statement for the month of August. The company has the opportunity to purchase new machinery that will reduce its variable cost per unit by $2 but will increase fixed costs by 15%. Prepare a projected contribution margin income statement for Markham Farm assuming it purchases the new equipment. Assume sales level remains unchanged.

Wellington, Inc., reports the following contribution margin income statement for the month of May. The company has the opportunity to purchase new machinery that will reduce its variable cost per unit by $10 but will increase fixed costs by 20%. Prepare a projected contribution margin income statement for Wellington, Inc., assuming it purchases the new equipment. Assume sales level remains unchanged.

Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings total annual fixed costs are 38,400. If operating income last year was 28,800, what was the number of units Starling sold? a. 4,800 b. 6,400 c. 5,600 d. 11,200

Markson and Sons leases a copy machine with terms that include a fixed fee each month plus acharge for each copy made. Markson made 9,000 copies and paid a total of $480 in January. In April, they paid $320 for 5,000 copies. What is the variable cost per copy if Markson uses the high-low method to analyze costs?

Olivian Company wants to earn 420,000 in net (after-tax) income next year. Its product is priced at 275 per unit. Product costs include: Variable selling expense is 14 per unit; fixed selling and administrative expense totals 290,000. Olivian has a tax rate of 40 percent. Required: 1. Calculate the before-tax profit needed to achieve an after-tax target of 420,000. 2. Calculate the number of units that will yield operating income calculated in Requirement 1 above. (Round to the nearest unit.) 3. Prepare an income statement for Olivian Company for the coming year based on the number of units computed in Requirement 2. 4. What if Olivian had a 35 percent tax rate? Would the units sold to reach a 420,000 target net income be higher or lower than the units calculated in Requirement 3? Calculate the number of units needed at the new tax rate. (Round dollar amounts to the nearest dollar and unit amounts to the nearest unit.)

Marlin Motors sells a single product with a selling price of $460 with variable costs per unit of $184. The company's monthly fixed expenses are $55,200. A. What is the company's break-even point in units? Break-even units  units? B. What is the company's break-even point in dollars? Break-even dollars $?   C. Prepare a contribution margin income statement for the month of November when they will sell 100 units. Use a minus sign for a net loss if present. Income Statement   $Sales   Variable Costs   $Contribution Margin   Fixed Costs   $Net Loss   D. How many units will Marlin need to sell in order to realize a target profit of $60,720? New break-even units fill in the blank c7a1b703606305a_1 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $60,720? New break-even dollars $fill in the blank c7a1b703606305a_2     Feedback F. Construct a contribution margin income statement for…

Menlo Company distributes a single product. The company’s sales and expenses for last month follow:   Required:1. What is the monthly break-even point in unit sales and in dollar sales?2. Without resorting to computations, what is the total contribution margin at the break-even point?3. How many units would have to be sold each month to attain a target profit of $90,000? Verify your answer by preparing a contribution format income statement at the target sales level.4. Refer to the original data. Compute the company’s margin of safety in both dollar and percentage terms.5. What is the company’s CM ratio? If sales increase by $50,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase?

Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $21. The company's monthly fixed expenses are $29,400. A. What is the company's break-even point in units? Break-even units_____ units B. What is the company's break-even point in dollars? Break even dollars _____ C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement                     D. How many units will Maple need to sell in order to reach a target profit of $44,100? New break-even units _____ units E. What dollar sales will Maple need in order to reach a target profit of $44,100? New break-even dollars $_____ F. Construct a contribution margin income statement for Maple that reflects $140,000 in sales volume.