Question: Please answer these 5 and Ill thumbs up!!! For questions 14 - 18 use the following information: Tango Incorporated manufactures and sells a single product.




For questions 14 - 18 use the following information: Tango Incorporated manufactures and sells a single product. The company's contribution format income statement projection for its next year of operations is: 14. What is Tango's degree of operating leverage based on its projections? 1.11 12 For questions 1418 use the following information: Tango Incorporated manufactures and sells a single product. The company's contribution format income statement projection for its next year of operations is: 15. Applying the degree of operating leverage concept: how much will net operating income change as a percentage, if sales are 10% greater than projected? Fixed expenses will remain in the relevant range. Plus 10% Plus 40% Plus 100% 10%10= Plus 100% For questions 14 - 18 use the following information: Tango Incorporated manufactures and sells a single product. The company's contribution format income statement projection for its next year of operations is: 16. Does the company have a good cost structure if sales should exceed its projections by 10% ? Yes, because its degree of operating leverage is low No, because its degree of operating leverage is low No, because its degree of operating leverage is fairly high Yes, because its degree of operating leverage is fairly high For questions 14 - 18 use the following information: Tango Incorporated manufactures and sells a single product. The company's contribution format income statement projection for its next year of operations is: 17. Applying the degree of operating leverage concept: how much will net operating income change as a percentage, if sales are 8% less than projected? Fixed expenses will remain in the relevant range. 8%10= minus 80% minus 80% 8%10= plus 80% 8%4=32% For questions 14 - 18 use the following information: Tango Incorporated manufactures and sells a single product. The company's contribution format income statement projection for its next year of operations is: 18. Does the company have a good cost structure if sales are 8% less than what it has projected? Explain. Yes, because its degree of operating leverage is low No, because its degree of operating leverage is low Yes, because its degree of operating leverage is fairly high No, because its degree of operating leverage is fairly high
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