Question: help for number 5,6,7,8,9 sales variable expense contrubition margin fixed expense net of income Total Per Unit $ 2,428,620 $ 10.00 $ 1,092,879 $ 4.50
sales variable expense contrubition margin fixed expense net of income Total Per Unit $ 2,428,620 $ 10.00 $ 1,092,879 $ 4.50 $ 1,335,741 $ 5.50 $ 647,290 $ 688,451 Page 1 . 2 Compute the contribution margin ratio for Nice Catch. 1,335,741/2,428,620 = 0.55 3 Compute the break-even point in sales dollars. 647,290/.55 = 1,176,890 4 Compute the break-even point in unit sales. (Round up to the nearest unit since partial units cannot be sold.) 647,290/5.50 = 117,689 5 Assume Nice Catch wants to increase its target profit to $400,000. Compute the dollar sales needed to attain that target propt: 6 Assume Nice Catch wants to increase its target profit to $450,000. Compute the unit sales needed to attain that target profit (Round up to the nearest unit since partial units cannot be sold) 7 What is the best estimate of the company's net operating income if sales decrease to $1,500,000? 8 Compute the margin of safety in dollars. 9 Compute the margin of safety percentage
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