12. Determine the change in operating income for each situation for a company that has...
80.2K
Verified Solution
Link Copied!
Question
Accounting
12. Determine the change in operating income for each situation for a company that has an increase in total sales of $52,000.
a. Unit contribution margin of $4.50 and each product selling for $8.
= ____________
b. Contribution margin ratio of 24% and each product selling for $10.
= ____________
c. Unit contribution margin of $6, with total variable costs of $25,000 at $5 per unit.
= ____________
13. After incurring an operating loss of $(6,000) in 20Y5, the production manager would like to know the break-even point in sales and units for the company. During 2023, the company sold 6,000 at $3 each. Variable costs for the year totaled $10,800. Determine the sales and units sold that were needed to break even.
Sales = ____________
Variable costs = ____________
Contribution margin = ____________
Fixed costs= ____________
Operating income = ____________
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!