tomer Care specialist Bloomerang Customer Sup X M Fwd: Claims Support Speci × Indeed Resume x ACG2071 (5)-Managerial x M ezto.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%2! Saved 1 2 points eBook Hint Last month when Holiday Creations, Incorporated, sold 44,000 units, its sales, variable expenses, and fixed expenses were $176,000, $142,560, and $36,400, respectively. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the company's variable expense ratio? Note: Do not round intermediate calculations. Chapter 5- Assignment Print 1. Contribution margin ratio References 2. Variable expense ratio Mc Graw Hill 1 % 96 @ 12 个 M 31 Prev 1 of 6 Next > C $ % 54 #3 acer <6 925 ° 0 +00 7 8 28 & 69 tomer Care specialist Bloomerang Customer Sup X M Fwd: Claims Support Speci × Indeed Resume x ACG2071 (5)-Managerial x M ezto.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%2! Saved 1 2 points eBook Hint Last month when Holiday Creations, Incorporated, sold 44,000 units, its sales, variable expenses, and fixed expenses were $176,000, $142,560, and $36,400, respectively. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the company's variable expense ratio? Note: Do not round intermediate calculations. Chapter 5- Assignment Print 1. Contribution margin ratio References 2. Variable expense ratio Mc Graw Hill 1 % 96 @ 12 个 M 31 Prev 1 of 6 Next > C $ % 54 #3 acer <6 925 ° 0 +00 7 8 28 & 69

6 2 points Sales Variable expenses Contribution margin Fixed expenses Total Per Unit $ 306,000 $ 20 214, 200 14 91,800 $ 6 73,800 Net operating income $ 18,000 eBook Required: Print References 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-a. How many units would have to be sold each month to attain a target profit of $38,400? 3-b. 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 dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units, thereby increasing sales by $98,000 per month, and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 Req 5…

ustomer Care specialist х Bloomerang Customer Sup x M Fwd: Claims Support Spec x Indeed Resume ACG2071 (5)-Managerial x M C ezto.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252 Chapter 5- Assignment 2 6 points Sales Variable expenses Contribution margin Total Per Unit $ 306,000 $ 20 214, 200 14 91,800 $ 6 73,800 Net operating income $ 18,000 Fixed expenses Saved eBook Print References 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-a. How many units would have to be sold each month to attain a target profit of $38,400? 3-b. 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 dollar and percentage terms. 5. What is the company's CM ratio? If the…

Customer Care specialist x Bloomerang Customer Sup x MFwd: Claims Support Spec × Indeed Resume x ACG2071 (5)-Managerial × ezto.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%2 Chapter 5-Assignment Saved 4 2 points eBook Print References Magic Realm, Incorporated, developed a new fantasy board game and sold 43,500 units last year at a selling price of $62 per game. Fixed expenses associated with the game are $783,000 per year, and variable expenses are $42 per game. Production of the game was outsourced to a printing contractor, so variable expenses consist mostly of payments to this contractor. Required: 1-a. Prepare a contribution format income statement for the game last year. 1-b. Compute the degree of operating leverage. 2. Management is confident that the company can sell 54,375 games next year (an increase of 10,875 games, or 25%, over last year). Given this assumption: a. What is the expected…