Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
94. Lasseter Corporation has provided its contribution format income statement for August.
The company produces and sells a single product.
Sales (3,700 units) $107,300
Variable expenses 48,100
Contribution margin 59,200
Fixed expenses 43,400
Net operating income $15,800
If the company sells 3,800 units, its total contribution margin should be closest to:
95. Lasseter Corporation has provided its contribution format income statement for August.
The company produces and sells a single product.
Sales (3,700 units) $107,300
Variable expenses 48,100
Contribution margin 59,200
Fixed expenses 43,400
Net operating income $15,800
If the company sells 3,900 units, its net operating income should be closest to:
96. Grisham Corporation produces and sells a single product. The company has provided its
contribution format income statement for February.
Sales (5,600 units) $358,400
Variable expenses 229,600
Contribution margin 128,800
Fixed expenses 108,400
Net operating income $20,400
If the company sells 5,900 units, its total contribution margin should be closest to:
97. Grisham Corporation produces and sells a single product. The company has provided its
contribution format income statement for February.
Sales (5,600 units) $358,400
Variable expenses 229,600
Contribution margin 128,800
Fixed expenses 108,400
Net operating income $20,400
If the company sells 5,700 units, its net operating income should be closest to:
98. A cement manufacturer has supplied the following data:
Tons of cement produced and sold 220,000
Sales revenue $924,000
Variable manufacturing expense $297,000
Fixed manufacturing expense $280,000
Variable selling and administrative expense $165,000
Fixed selling and administrative expense $82,000
Net operating income $100,000
What is the company's unit contribution margin?
99. A cement manufacturer has supplied the following data:
Tons of cement produced and sold 220,000
Sales revenue $924,000
Variable manufacturing expense $297,000
Fixed manufacturing expense $280,000
Variable selling and administrative expense $165,000
Fixed selling and administrative expense $82,000
Net operating income $100,000
The company's contribution margin ratio is closest to:
100. A cement manufacturer has supplied the following data:
Tons of cement produced and sold 220,000
Sales revenue $924,000
Variable manufacturing expense $297,000
Fixed manufacturing expense $280,000
Variable selling and administrative expense $165,000
Fixed selling and administrative expense $82,000
Net operating income $100,000
If the company increases its unit sales volume by 5% without increasing its fixed expenses, then
total net operating income should be closest to:
101. A tile manufacturer has supplied the following data:
Boxes of tiles produced and sold 580,000
Sales revenue $2,842,000
Variable manufacturing expense $1,653,000
Fixed manufacturing expense $784,000
Variable selling and administrative expense $145,000
Fixed selling and administrative expense $128,000
Net operating income $132,000
What is the company's unit contribution margin?
102. A tile manufacturer has supplied the following data:
Boxes of tiles produced and sold 580,000
Sales revenue $2,842,000
Variable manufacturing expense $1,653,000
Fixed manufacturing expense $784,000
Variable selling and administrative expense $145,000
Fixed selling and administrative expense $128,000
Net operating income $132,000
The company's contribution margin ratio is closest to:
103. A tile manufacturer has supplied the following data:
Boxes of tiles produced and sold 580,000
Sales revenue $2,842,000
Variable manufacturing expense $1,653,000
Fixed manufacturing expense $784,000
Variable selling and administrative expense $145,000
Fixed selling and administrative expense $128,000
Net operating income $132,000
If the company increases its unit sales volume by 5% without increasing its fixed expenses, then
total net operating income should be closest to:
104. A company that makes organic fertilizer has supplied the following data:
Bags produced and sold 240,000
Sales revenue $1,896,000
Variable manufacturing expense $804,000
Fixed manufacturing expense $520,000
Variable selling and administrative expense $180,000
Fixed selling and administrative expense $270,000
Net operating income $122,000
The company's margin of safety in units is closest to:
105. A company that makes organic fertilizer has supplied the following data:
Bags produced and sold 240,000
Sales revenue $1,896,000
Variable manufacturing expense $804,000
Fixed manufacturing expense $520,000
Variable selling and administrative expense $180,000
Fixed selling and administrative expense $270,000
Net operating income $122,000
The company's unit contribution margin is closest to:
106. A company that makes organic fertilizer has supplied the following data:
Bags produced and sold 240,000
Sales revenue $1,896,000
Variable manufacturing expense $804,000
Fixed manufacturing expense $520,000
Variable selling and administrative expense $180,000
Fixed selling and administrative expense $270,000
Net operating income $122,000
The company's degree of operating leverage is closest to:
107. A manufacturer of premium wire strippers has supplied the following data:
Units produced and sold 340,000
Sales revenue $2,448,000
Variable manufacturing expense $1,258,000
Fixed manufacturing expense $716,000
Variable selling and administrative expense $306,000
Fixed selling and administrative expense $124,000
Net operating income $44,000
The company's margin of safety in units is closest to:
108. A manufacturer of premium wire strippers has supplied the following data:
Units produced and sold 340,000
Sales revenue $2,448,000
Variable manufacturing expense $1,258,000
Fixed manufacturing expense $716,000
Variable selling and administrative expense $306,000
Fixed selling and administrative expense $124,000
Net operating income $44,000
The company's unit contribution margin is closest to:
109. A manufacturer of premium wire strippers has supplied the following data:
Units produced and sold 340,000
Sales revenue $2,448,000
Variable manufacturing expense $1,258,000
Fixed manufacturing expense $716,000
Variable selling and administrative expense $306,000
Fixed selling and administrative expense $124,000
Net operating income $44,000
The company's degree of operating leverage is closest to:
110. A manufacturer of cedar shingles has supplied the following data:
Bundles of cedar shakes produced and sold 280,000
Sales revenue $2,072,000
Variable manufacturing expense $1,134,000
Fixed manufacturing expense $436,000
Variable selling and administrative expense $238,000
Fixed selling and administrative expense $164,000
Net operating income $100,000
The company's break-even in unit sales is closest to:
111. A manufacturer of cedar shingles has supplied the following data:
Bundles of cedar shakes produced and sold 280,000
Sales revenue $2,072,000
Variable manufacturing expense $1,134,000
Fixed manufacturing expense $436,000
Variable selling and administrative expense $238,000
Fixed selling and administrative expense $164,000
Net operating income $100,000
The company's contribution margin ratio is closest to:
