FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 6: Cost-Volume-Profit Relationships

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 41

Multiple Choice

Review LaterAdd Note

Review Later

Blackner Corporation produces and sells a single product.Data concerning that product appear below: The break-even in monthly dollar sales is closest to:

A) $723,800
B) $918,060
C) $1,538,020
D) $492,140

Correct Answer

verified

Show Answer

Question 42

Multiple Choice

Review LaterAdd Note

Review Later

Sanes Corporation produces and sells a single product.Data concerning that product appear below: The unit sales to attain the company's monthly target profit of $19,000 is closest to:

A) 3,426
B) 5,833
C) 3,806
D) 2,158

Correct Answer

verified

Show Answer

Question 43

Multiple Choice

Review LaterAdd Note

Data concerning Massing Corporation's single product appear below: The company is currently selling 9,000 units per month.Fixed expenses are $837,000 per month.The marketing manager believes that a $16,000 increase in the monthly advertising budget would result in a 150 unit increase in monthly sales.What should be the overall effect on the company's monthly net operating income of this change?

Upchurch Corporation produces and sells a single product.Data concerning that product appear below: Assume the company's target profit is $12,000.The unit sales to attain that target profit is closest to:

Lasseter Corporation has provided its contribution format income statement for August.The company produces and sells a single product. If the company sells 3,800 units,its total contribution margin should be closest to:

Grisham Corporation produces and sells a single product.The company has provided its contribution format income statement for February. If the company sells 5,700 units,its net operating income should be closest to:

Data concerning Nazario Corporation's single product appear below: The break-even in monthly unit sales is closest to:

Moccio Enterprises,Inc. ,produces and sells a single product whose selling price is $120.00 per unit and whose variable expense is $37.20 per unit.The company's monthly fixed expense is $356,040. Assume the company's target profit is $14,000.The unit sales to attain that target profit is closest to:

Data concerning Matsumoto Corporation's single product appear below: Assume the company's target profit is $8,000.The dollar sales to attain that target profit is closest to:

A cement manufacturer has supplied the following data: What is the company's unit contribution margin?

Comings Corporation produces and sells two products.In the most recent month,Product R19J had sales of $30,000 and variable expenses of $9,000.Product O37G had sales of $34,000 and variable expenses of $10,840.The fixed expenses of the entire company were $35,560.If the sales mix were to shift toward Product R19J with total dollar sales remaining constant,the overall break-even point for the entire company:

All other things the same,in periods of increasing sales,net operating income will tend to increase more rapidly in a company with high fixed costs and low variable costs than in a company with high variable costs and low fixed costs.

Sammis Inc. ,which produces and sells a single product,has provided its contribution format income statement for January. If the company sells 2,500 units,its net operating income should be closest to:

If sales volume decreases,and all other factors remain unchanged,the contribution margin ratio will decrease.

Marano Corporation produces and sells a single product.In October,the company sold 6,200 units.Its total sales were $223,200,its total variable expenses were $105,400,and its total fixed expenses were $100,400. Required: a.Construct the company's contribution format income statement for October. b.Redo the company's contribution format income statement assuming that the company sells 6,400 units.

Larita Corporation produces and sells a single product.Data concerning that product appear below: Fixed expenses are $243,000 per month.The company is currently selling 2,000 units per month. Required: The marketing manager believes that a $28,000 increase in the monthly advertising budget would result in a 180 unit increase in monthly sales.What should be the overall effect on the company's monthly net operating income of this change? Show your work!

A company that makes organic fertilizer has supplied the following data: The company's degree of operating leverage is closest to:

Liest Corporation produces and sells a single product whose selling price is $100.00 per unit and whose variable expense is $48.00 per unit.The company's monthly fixed expense is $244,400. Required: a.Assume the company's monthly target profit is $5,200.Determine the unit sales to attain that target profit.Show your work! b.Assume the company's monthly target profit is $26,000.Determine the dollar sales to attain that target profit.Show your work!

Florek Inc.produces and sells a single product.The company has provided its contribution format income statement for March. If the company sells 5,900 units,its net operating income should be closest to:

The July contribution format income statement of Raiche Corporation appears below: If the company's sales increase by 5%,its net operating income should increase by about: