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Determine what Company Z's operating profit would have been if it had sold 2,100,000 units during the year, which is 100,000 more units than in the example shown in table. Assume that production output had remained the same at 2,500,000 units (the company's production output capacity).
Company Y
Company Z
Operating Profit Report for Year
Per Unit
Totals
Sales volume, in Units
500,000
2,000,000
Sales Revenue
$85.00
$42,500,000
$25.00
$50,000,000
Cost of Goods Sold Expense (see below)
-56
-28,000,000
-18.45
-36,900,000
Gross Margin
$29.00
$14,500,000
$6.55
$13,100,000
Variable Operating Expenses
-12.5
-6,250,000
-2.5
-5,000,000
Contribution Margin
$16.50
$8,250,000
$4.05
$8,100,000
Fixed Operating Expenses
-7,500,000
Operating Profit
$3,250,000
$600,000
Manufacturing Activity Summary for Year
Annual Production Capacity, in Units
800,000
2,500,000
Actual Output, in Units
Raw Materials
$15.00
$7,500,000
$7.50
$18,750,000
Direct Labor
20
10,000,000
2.75
6,875,000
Variable Manufacturing Overhead Costs
5
12,500,000
Total Variable Manufacturing Costs
$40.00
$20,000,000
$15.25
$38,125,000
Fixed Manufacturing Overhead Costs
16
8,000,000
3.2
Product Cost and Total Manufacturing Costs
$56.00
$28,000,000
$18.45
$46,125,00
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