Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 7 bumpy co.'s contribution format income

QUESTION 7 Bumpy Co.'s contribution format income statement for the most recent month is shown...

70.2K

Verified Solution

Question

Accounting

QUESTION 7

Bumpy Co.'s contribution format income statement for the most recent month is shown below:

Total

Per Unit

Sales (7,300 units)

$ 255,500

$ 35.00

Variable expenses

146,000

20.00

Contribution margin

109,500

$ 15.00

Fixed expenses

54,000

Net operating income

$ 55,500

What would be the revised net operating income per month if the sales volume is 6,300 units? Do not include a dollar sign in your response.

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!
Become a Member

Other questions asked by students

Q

An investor buys a stock for $40 per share and simultaneously sells a call option on...

Finance
Q

The mother of a seven-year-old boy notices that he is scratching his head frequently. On close...

Biology
Q

Please anwer fast!! Please give work, please don't comment your a tutor and to email you. Please...

Chemistry
Q

Hypertension outline the pathophysiology, etiology, manifestions and treatment of this disease. Please include resources.

Medical Sciences
Q

Why do some cancers get much cultural attention (for example, breast cancer) while other cancers (for...

Psychology
Q

Question 3 (a) Interpret the balance of payments in aggregate components of the current and capital/financial account...

Economics
Q

A cleavage furrow is seen in A cytokinesis of animal cells B cytokinesis of plant...

Biology
Q

Find the value of x in the figure below 100 125 3x 45 140 100...

Geometry
Q

Solve the following exponential equation. Express your answer as both an exact expression and a...

Basic Math
Q

2 Write out the first 5 terms of the sequence with its first term along...

Calculus
Q

If f x x 8 g x x 7 and h x x the f...

Algebra
Q

In March 2019, the International Financial Reporting Standards (IFRS) Interpretations Committee (IC) discussed accounting for...

Accounting