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IgorC [24]
3 years ago
11

Sales (8,700 units) $ 269,700 $ 31.00 Variable expenses 174,000 20.00 Contribution margin 95,700 $ 11.00 Fixed expenses 54,100 N

et operating income $ 41,600 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 90 units
Business
1 answer:
Karolina [17]3 years ago
8 0

Answer:

Missing word <em>"Required: Prepare a new contribution format Income Statement under each of the following conditions (consider each case independently): 1. The sale volume increases by 90 units. 2. The sales volume decreases by 90 units"</em>

a.        Contribution Income Statement

                                               Total    Per unit

Sales (8,790 units)            $272,490   $31.00

Variable Expenses            <u>$175,800</u>   <u>$20.00</u>

Contribution Margin          $96,690    $11.00

Fixed Expenses                 <u>$54,100</u>

Net Operating Income     <u>$42,590</u>

<u />

b.        Contribution Income Statement

                                              Total      Per unit

Sales (8,610 units)             $266,910   $31.00

Variable Expenses            <u>$172,200</u>   <u>$20.00</u>

Contribution Margin          $94,710      $11.00

Fixed Expenses                 <u>$54,100</u>

Net Operating Income     <u>$40,610</u>

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lidiya [134]

Answer:

$12,000 and $6,000

Explanation:

For computing the dividend, first we have to find out the yearly dividend which is shown below:

= Number of shares × par value per share × dividend rate  × number of years

= 1,000 shares × $100 × 6%  × 2 years

= $12,000

Out of $18,000, the $12,000 will be paid to preferred stockholders and the remaining $6,000 will be paid to common stockholders

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Suppose Megan gets a sales bonus at her place of work that gives her an extra $400 of disposable income. She chooses to spend $3
kicyunya [14]

Answer:

0.75, 0.25

Explanation:

With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.

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MPS = 100/400=0.25

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5 0
3 years ago
Suppose that the government decides to regulate this natural monopolist by requiring the firm to charge a price of P2. Which is
Natali5045456 [20]

If the government takes this approach, consumer surplus would increase.

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Please find attached the graph required to answer this question. To learn more, please check: brainly.com/question/15415230

7 0
3 years ago
For the current year, Gina Hestopolis had adjusted gross income of $100,000. During the year, she contributed $6,000 to her chur
Dvinal [7]

Answer:

$39,000

Explanation:

This can be calculated as follows:

Charitable contribution to carry forward = Contribution to church + Contribution to qualified charities + Half of the fair market value of contributed religious artwork

Therefore, we have:

Charitable contribution carry forward = $6,000 + $3,000 + ($60,000 ÷ 2) = $39,000

Therefore, the amount of the charitable contribution carry forward beyond the current year for Gina Hestopolis is $39,000.

6 0
4 years ago
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