Your Company sells exercise bikes for $675 each. The following cost formula relates to last year's operations:   Y = $135,000 + $157X. Your Company sold 520 bikes last year, what was its net income last year? Group of answer choices $134,360 $351,000 $269,360 $104,360 $ 81,640

Assume Rajan Manufacturing Ltd makes sports vest for local soccer, baseball, basketball, and other sports teams. Rajan, the owner, purchases the vests and prints graphics on the vests for each team. The graphics were designed several years ago, so design costs are no longer incurred. On average, Rajan sells 1,000 vests each month. Typical monthly financial data is shown below:    Per Unit    Total Monthly Data at 1,000 VestsSales revenue        $20        $20 000Variable costs:                      Direct materials    $8        $8 000          Direct labour    2        2 000         Manufacturing overhead    3    13    3 000    13 000Contribution margin        $ 7        $ 7 000Fixed costs (rent, salaries, etc.)                     4 000Profit                    $ 3 000 The monthly information provided relates to the company’s routine monthly operations. A representative of the local university recently approached Rajan to ask about a one-time special order. The university will be…

Essex Inc. had sales last year of $80,000, a contribution margin of $12,000 and net income of $3,000. The company sold 8,000 units last year. Based on this information, how many units does Essex need to sell to breakeven? 4,200 6,000 O 4,000 O 7,200 None of the above

Please help me with show all calculation thanku

What is unsecured borrowing?

Engberg Company installs lawn sod in home yards. The company’s most recent monthly contribution format income statement follows:     Amount Percent of Sales Sales $ 94,000 100% Variable expenses 37,600 40 Contribution margin 56,400 60% Fixed expenses 43,240   Net operating income $ 13,160     Required:   1. What is the company’s degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 5% increase in unit sales.

A coat manufacturer wants to build a large factory or a small factory. The profit per coat is estimated as $12. Per year, a small factory's cost is $200,000, with a production capacity of 50,000 coats and a large factory's cost is $450,000, with a production capacity of 100,000 coats. The four levels of manufacturing demand that are considered likely are 30,000, 40,000, 50,000, and 100,000 coats per year. Complete parts (a) through (e). a. Determine the payoffs for the possible levels of production for a small factory. Manufacturing demand (coats per year) Payoff ($) 30,000 40,000 50,000 100,000 (Simplify your answers.)

S=1

ces Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Sales CM ratio Fixed expenses total $183,750 per month. Flight Dynamic $ 150,000 Required 1 Product Required 2 Required 3 80% Required: 1. Prepare a contribution format income statement for the company as a whole. 2. What is the company's break-even point in dollar sales based on the current sales mix? 3. If sales increase by $100,000 a month, by how much would you expect the monthly net operating income to increase? Break-even point in dollar sales Sure Shot $ 250,000 36% Complete this question by entering your answers in the tabs below. Total $ 400.000 > What is the company's break-even point in dollar sales based on the current sales mix? Note: Do not round intermediate calculations.

How many T-shirts must the company sell this year to break even?