Reference no: EM131193714
Homework
Minist Corporation sells a single product for $10 per unit. Last year, the company's sales revenue was $250,000 and its net operating income was $42,000. If fixed expenses totaled $83,000 for the year, the break-even point in unit sales was:
Solen Corporation's break-even-point in sales is $870,000, and its variable expenses are 75% of sales. If the company lost $37,000 last year, sales must have amounted to:
The Clyde Corporation's variable expenses are 35% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $28,000. If sales increase by $85,000, the company's net operating income will increase by:
Steeler Corporation is planning to sell 150,000 units for $2.90 per unit and will break even at this level of sales. Fixed expenses will be $93,000. What are the company's variable expenses per unit?
Darwin Inc. sells a particular textbook for $38. Variable expenses are $30 per book. At the current volume of 59,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:
Frank Corporation manufactures a single product that has a selling price of $30.00 per unit. Fixed expenses total $66,000 per year, and the company must sell 5,500 units to break even. If the company has a target profit of $16,500, sales in units must be:
Kendall Company has sales of 2,375 units at $40 a unit. Variable expenses are 20% of the selling price. If total fixed expenses are $66,000, the degree of operating leverage is:
A cement manufacturer has supplied the following data:
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Tons of cement produced and sold
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310,000
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Sales revenue
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$1,014,000
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Variable manufacturing expense
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$239,000
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Fixed manufacturing expense
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$334,000
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Variable selling and administrative expense
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$186,880
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Fixed selling and administrative expense
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$100,000
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Net operating income
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$154,120
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The company's contribution margin ratio is closest to:
A manufacturer of tiling grout has supplied the following data:
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Kilograms produced and sold
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430,000
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Sales revenue
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$1,880,000
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Variable manufacturing expense
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$947,000
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Fixed manufacturing expense
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$240,000
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Variable selling and administrative expense
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$343,000
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Fixed selling and administrative expense
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$206,000
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Net operating income
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$144,000
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The company's contribution margin ratio is closest to:
Gilpatric Corporation produces and sells two products. In the most recent month, Product Q71M had sales of $36,000 and variable expenses of $9,440. Product V04P had sales of $57,000 and variable expenses of $18,460. The fixed expenses of the entire company were $37,030.
The break-even point for the entire company is closest to: (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)
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Mix of oil and gasoline
: The fuel for a chain saw is a mix of oil and gasoline. The label says to mix 5 ounces with 15 gallons of gasoline. How much oil would you use if you had 45 gallons of gasoline?
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Discusses the difficulties she or he had to overcome
: This was not always the case. Select a historical figure who was a woman or minority engineer and prepare a one-page profile which discusses the difficulties she or he had to overcome.
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Generic actions applicable regardless of market structure
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Determine the cardinality for region
: Construct a Venn diagram and determine the cardinality for each region. Use the completed Venn Diagram to answer the following questions.
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What are the companys variable expenses per unit
: Steeler Corporation is planning to sell 150,000 units for $2.90 per unit and will break even at this level of sales. Fixed expenses will be $93,000. What are the company's variable expenses per unit?
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What constitutes a peer-reviewed source
: Create a wiki that defines, identifies, and clarifies what constitutes a peer-reviewed (i.e., scholarly) source.this document should provide a clear understanding of the criteria that must be met in order for a source to be considered peer-reviewe..
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Higher population growth in country
: Countries A and B are exactly similar in terms of resources and technology. Still country A reported a higher growth rate than country B last year. Which of the following can explain this anomaly? I. higher population growth in country B II. favorabl..
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What does the writer mean by competitive devaluations
: In August of 2015 after the Chinese central bank, the People’s Bank of China (PBC) moved to decrease the value of yuan in exchange for the dollar, a column in Wall Street Journal offered this opinion: What does the writer mean by a “competitive deval..
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Prepare a income statement and balance sheet
: You are required to prepare a 10 column worksheet, income statement and balance sheet using the unique series of business transactions contained in the attached dataset
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