Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,500 units) $ 263,500 $ 31.00 Variable expenses 161,500 19.00 Contribution margin 102,000 $ 12.00 Fixed expenses 55,200 Net operating income $ 46,800 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 50 units? 2. What would be the revised net operating income per month if the sales volume decreases by 50 units? 3. What would be the revised net operating income per month if the sales volume is 7,500 units?

Answers

Answer 1

Answer and Explanation:

The calculation of the revised net operating income per month in the following cases:

1. The sales volume increases by 50 units.

Sales revenue (8,550 units × $31) $265,050

Less: Variable expenses (8,550 units × $19) $162,450

Contribution margin $102,600

Less: Fixed expenses $55,200

Net operating income $47,400

2. The sales volume decreases by 50 units.

 Sales revenue (8,450 units × $31) $261,950

Less: Variable expenses (8,450units × $19) $160,550

Contribution margin $101,400

Less: Fixed expenses $55,200

Net operating income $46,200

3. The sales volume is 7,500 units.

 Sales revenue (7,500 units × $31) $232,500

Less: Variable expenses (7,500 units × $19) $142,500

Contribution margin $90,000

Less: Fixed expenses $55,200

Net operating income $34,800


Related Questions

Will mark brainly
Martha runs a small travel and tourism business. She, along with her staff, organizes vacations for her clients. Recently, Martha opened a new branch of her business in a different city. She has decided to print new brochures and catalogs that give information about her business. She also plans to mail these brochures to various homes in a location that attracts customers. Which type of promotion does Martha plan to use?
A.
sales promotion
B.
direct marketing
C.
personal selling
D.
advertising
E.
public relations

Answers

Answer:

c

i can't ghshjdhnsjsggsbdn

Answer:

B - Direct Marketing

Explanation:

1. Plato

2. personal selling is meeting face to face. Direct marketing does not invlove interaction with customers. (:

Would you rather be a detective or a pilot?

Answers

Answer:

I'll rather be pilot so I could have free flights

Pilot :) my dad is gonna be one :) he’s training. And my mom wants me to be a flight attendant

isk Co. purchases raw materials on account. Budgeted purchase amounts are April, $96,000; May, $126,000; and June, $136,000. Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $38,000. Prepare a schedule of budgeted cash payments for April, May, and June.

Answers

Answer:

Given that Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase, therefore, firstly we need to differentiate the total amount of purchases of each month into 70% and 30%. 70% of the purchases will be paid in current month and balance 30% of the purchases will be ending accounts payable for that month and paid in next month. This is shown as follows:

Particulars                                         April         May          June

Current month purchases  70% $67,200  $88,200    $95,200

Ending accounts payable   30%   $28,800   $37,800    $40,800

Total purchases                             $96,000  $126,000  $136,000

The schedule of budgeted cash payments for the month of April May and June are shown as follows:-

                            Schedule of Cash Payments    

                               For April, May, and June

                                                                      April           May         June

Cash payments for:

Current month purchases                          $67,200   $88,200   $95,200  

Prior month purchases                               $38,000   $28,800   $37,800

Budgeted cash payments for materials  $105,200 $117,000  $133,000

How does increased competition through FDI in the form of greenfield investments affect the host country

Answers

Answer: It drives down prices and increases the economic welfare of consumers.

Explanation:

Greenfield investment is a form of Foreign Direct Investment where the investors build a facility/ies in the host nation from scratch as opposed to buying or leasing one.

With increased competition from greenfield investments, consumers would be better off because there will be more quantity of the relevant good available in the market. This will lead to the prices falling and consumers being able to afford more of the good at higher qualities.

The senior management of a firm is undecided about the number of employees needed for its new project. To advise the executives, a human resource specialist uses a computer system to estimate how long teams of three different sizes will take to complete the project, assuming the project is of either low, average, or high difficulty. The type of system appropriate for this case is a(n)

Answers

Answer:

Decision support system

Explanation:

The decision support system is a system that support the business decisions. It mainly works for reviewing the data of the business in that way where the user could access it and make the decisions accordingly.

In the given situation since it is mentioned how much team is required for project completion so this represent the decision support system

Computer equipment was acquired at the beginning of the year at a cost of $70,700 that has an estimated residual value of $4,200 and an estimated useful life of 5 years. a. Determine the depreciable cost. $fill in the blank 1 b. Determine the straight-line rate. fill in the blank 2 % c. Determine the annual straight-line depreciation. $fill in the blank 3

Answers

Answer:

a, The depreciable cost when using the straight line method is;

= Cost of asset - Residual value

= 70,700 - 4,200

= $66,500

b. As the rate is uniform over the life of the asset, the rate is 100% divided by the life of the asset.

= 100%/5

= 20%

c. Annual depreciation will therefore be;

= Depreciation rate * depreciable cost

= 20% * 66,500

= $‭13,300‬

Do you know the answer?

Answers

Answer:

yes I do know the answer

Your firm has the opportunity to buy a perpetual motion machine to use in your business. The machine costs $1,000,000 and will increase your profits by $75,000 per year. What is the internal rate of return?

Answers

Answer:

7.5%

Explanation:

A forever series formula for the interest rate is  i = A / PV

Annual benefits = $75,000

Present value = $1,000,000

Thus, i = $75,000 / $1,000,000

i = 0.075

i = 7.5%

Therefore, the internal rate of return is 7.5%

You make $40,000 per year. You have been offered a promotion and a $5,000 raise per year. Your average federal income tax rate will go up from 10% to 15% per year. Should you take the new job and the raise?

Answers

Answer:

Yes, Accept the new Job and raise

Explanation:

With the old Job, the annual income is $40,000 and a tax rate of 10%.

The annual tax obligation is 10%  of $40,000

=10/100 x $40,000

=0.1 x $40,000

=$4,000

Annual take home is $40,000 -$4,000

=$36,000

With the new salary, the tax obligation will be

Tax rate=15%

Salary =$45,000

=15/100 x $45,000

=0.15 x $45,000

$6,750

The new take home pay is $45,000- $,6750

=$38,250

With the new Job, the take-home pay increases from $36,000 to $38,250.

The new Job and raise should be accepted.

A personal account earmarked as a retirement supplement contains $292,100. Suppose $250,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $5000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.)

Answers

Answer:

It will take approximately 78 quarters until the account balance is $0.

Explanation:

This can be calculated using the following formula:

n = log(p / (p - A(q - 1))) / log(q) .................... (1)

Where;

n= Number of quarters it will take until the account balance is $0 = ?

A = Amount used to establish the annuity = $250,000

p = quarterly payment = $5,000

q = 1 + (Annual interest rate / Number of quarters in a year) = 1 + (5% / 4) = 1.0125

Substituting the values into equation (1), we have:

n = log(5000 / (5000 - (250000*(1.0125 - 1)))) / log(1.0125)

n = log(5000 / (5000 - (250000 * 0.0125))) / log(1.0125)

n = log(5000 / (5000 - 3125)) / log(1.0125)

n = log(5000 / 1875) / log(1.0125)

n = log(2.66666666666667) / log(1.0125)

n = 0.425968732272282 / 0.00539503188670614

n = 78.955739505805

Rounding to the nearest quarters, we have:

n = 78. This because the quartely payment is less than $5000 at the end of the 79th quarter.

Therefore, it will take approximately 78 quarters until the account balance is $0.

A storage tank acquired at the beginning of the fiscal year at a cost of $90,000 has an estimated residual value of $12,000 and an estimated useful life of 25 years. a. Determine the amount of annual depreciation by the straight-line method. $fill in the blank 1 b. Determine the amount of depreciation for the first and second years computed by the double-declining-balance method.

Answers

Answer:

a)  The amount of annual depreciation by straight-line method = Cost of the asset - Salvage Value / Number of years in useful life

= ($90,000 - $12,000) / 25 years

= $78,000 / 25 years

= $3,120

Thus, the amount of depreciation under straight-line method is $3,120.

b)  Depreciation for first year under double declining balance method = Cost of the asset / Number of years in useful life * 2

= $90,000 / 25 years * 2

= $7,200

Thus, the amount of depreciation for the first year under double declining balance method is $7,200.

Depreciation for second year under double declining balance method = Cost of the asset - First year depreciation / number of years in useful life * 2

= $90,000 - $7,200 / 25 years * 2

= $6,624

Thus, the amount of depreciation for the second year under double declining balance method is $6,624.

"The Boyle Company estimated that April sales would be 10,000 units with an average selling price of $2.00. Actual sales for April were 8,000 units and average selling price was $2.10. The sales volume variance was:"

Answers

Answer:

-$4,000 unfavourable

Explanation:

The sales volume variance is calculated as ;

= (Actual sales units - Estimated sales units) × Estimated selling price.

Given that;

Actual sales units = 8,000

Estimated sales units = 10,000 units

Estimates selling price = $2 per unit

Therefore,

Sales volume variance = (8,000 - 10,000) × $2

Sales volume variance = -$4,000 unfavourable

Walters manufactures a specialty food product that can currently be sold for $21.80 per unit and has 19,800 units on hand. Alternatively, it can be further processed at a cost of $11,800 and converted into 11,800 units of Deluxe and 5,800 units of Super. The selling price of Deluxe and Super are $31.20 and $19.80, respectively. The incremental income of processing further would be:

Answers

Answer:

$51,360

Explanation:

The computation of the incremental income of processing further is shown below:

Given that

Total sales unit before further processing is 19,800 units

And, its sale price per unit is $21.80

So, the total sales price is

= 19,800 units × $21.80

= $431,640

$483000

Now after processing, the sales revenue in both the deluxe and super is

= 11,800 units × $31.20 + 5,800 units × $19.80

= $368,160 + $114,840

= $483,000

So, the incremental net income after further processing is

= $483,000 - $431,640

= $51,360

what is the last step in finding a solution to a problem?
A. choose a solution and try it
B. ignore the problem and it will go away
C. think about ways to solve the problem
D turn the problem into a question

Answers

Answer: d

Explanation: hope it helps

Answer:

Choose a solution and try it.

Explanation:

I just finished this lesson and my answer was correct ;}

Evidence that a source is authoritative includes
a.
An email address to ask further questions about information in the source
c.
No verbiage used which could identify bias about the information provided
b.
A date regarding when the source was written
d.
Logical structure of the information provided so that it is easily read and understood


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

A is correct

Explanation:

its right

Answer:

a

Explanation:

edge2020

that something unique your business should have which other business do not have ​

Answers

Answer:

find a trust ful patner

trying to make unique and helpful things

making things by using natural ingredients like in toothpaste, soap,shampooetc which make other attractive towars our business and sefty to other people

The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods inventory on June 30 is 1,050 units. The budgeted production units for July are:

Answers

Answer: 4,375 units

Explanation:

The budgeted production for July will be;

= July sales + Ending inventory - Beginning inventory

Ending inventory = 25% * August sales =25% * 4,900 = 1,225

Budgeted production = 4,200 + 1,225 - 1050 = 4,375 units

You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payments, to be paid at the end of each of the next 3 years. (Payments include both principal and Interest.) The annual payment that will fully pay off the loan is?

a. $2,890.

b. $4,020.

c. $2,674.

d. $3,741.​

Answers

Hello! The answer would be D. $3,741. I hope this helps!

Tidy Limited purchased a new van on January 1, 2018. The van cost $36,000. It has an estimated life of six years and the estimated residual value is $3,600. Tidy uses the double-declining-balance method to compute depreciation. What is the adjusted balance in the Accumulated Depreciation account at the end of 2019

Answers

Answer:

$18,002.88

Explanation:

Depreciation Expense = 2 × SLDP × BVSLDP

Where,

SLDP = 100 ÷ Number of useful life

Therefore,

SLDP =  100 ÷ 6

         = 16.67 %

2018

Depreciation Expense = 2 × 16.67 % × ($36,000 - $3,600)

                                      = $10,802.16

2019

Depreciation Expense = 2 × 16.67 % × ($36,000 - $3,600 - $10,802.16)

                                      = $7,200.72

Accumulated Depreciation at the end of 2019 :

Accumulated Depreciation = $10,802.16 +  $7,200.72

                                             = $18,002.88

Alex wrote the sentence: The big dog was really fat. He ate a lot. Why does Alex need a thesaurus? a. The sentences begin with the same word c. The sentences lack creativity b. Many words are repeated d. None of these

Answers

Answer:C

Explanation:

The sentences lack creativity does Alex need a thesaurus. Hence, option C is correct.

What is lack creativity?

The main causes of a lack of creativity are typically overwhelm, the wrong approach, or overwhelming input. It's a straightforward problem to fix. Years ago, I struggled with writer's block. I wanted to create a book, but I was at a loss for good topics.

A lack of creativity or imagination as a trait. dullness, lack of creativity, unoriginality, and commonplaceness.

One of the reasons people don't feel motivated is because they believe innovation is a zero-sum game. They believe, "Never could I accomplish it! That is something I could never come up with as great! "when they notice somebody like Steve Jobs in the news or Einstein in the history books.

Thus, option C is correct.

For more information about  lack creativity, click here:

https://brainly.com/question/12610119

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A firm has an Inventory turnover (IT) of 5 times a year on a cost of goods sold (COGS) of $800,000. If the firm improves the inventory turnover to 8 times a year while the COGS remains the same, which of the following statements is true?

a $100,000 is additionally invested in purchasing stock.

b. $160,000 is released into the working capital.

C. $60,000 is additionally invested into purchasing stock

d. $60,000 is released into the working​

Answers

Answer:

d. $60,000 is released into the working​

Explanation:

A high inventory indicates that a company sells its stock many times in a year. It means its costs of managing inventory decreases.

The inventory turnover ratio is calculated as below

=Cost of goods sold/ average inventory

If COGS = $800,000 and the inventory turnover ratio =5,

the average inventory will be

=$800,000 /5

=$160,000

With a turnover of 8, and COGS remain $800,000, average inventory will now be

=$800,000/8

=$100,000

The average inventory will decrease to $100,000 from $160,000 previously.

$60,000  will be released to working capital.

You want employees to know that they can talk to retirement planning

Answers

Answer:

well I don't want any employees haha but yes the retirement of the employees should be grand with a farewell party

You are the HR manager for a fifty-person firm that specializes in the development and marketing of plastics technologies. When you were hired, you felt the company had little idea what you should be paid and just made up a number, which you were able to negotiate to a slightly higher salary. While you have been on the job for three months, you have noticed a few concerning things in the area of multiculturalism, besides the way your salary was offered. The following are some of those items:

1.You know that some of the sales team, including the sales manager, get together once a month to have drinks at a strip club.

2. A Hispanic worker left the organization, and in his exit interview, he complained of not seeing a path toward promotion.

3.The only room available for breast-feeding mothers is the women’s restroom.

4.The organization has a policy of offering $200 to any employee who refers a friend, as long as the friend is hired and stays at least six months.

5.The manufacturing floor has an English-only policy.

6.You have heard managers refer to those wearing turbans in a derogatory way.

Questions

1. What do you think needs to be done to create a more inclusive environment, without losing the culture of the company?

2?What suggestions would you make to those involved in each of the situations?

Answers

Answer:

read the paragraph and get the answer

Which phrase defines complimentary goods

Answers

I think this is a multiple choice question
So could you attach the options?!

5-1 FUTURE VALUE If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years

Answers

Answer:

FV= $16,105.1

Explanation:

Giving the following information:

Present value (PV)= $10,000

Interest rate (i)= 10% = 0.10

Number of periods (n)= 5 years

To calculate the future value (FV), we need to use the following formula:

FV= PV*(1+i)^n

FV= 10,000*(1.1^5)

FV= $16,105.1

Why are craftsman likely to produce fewer goods than modern manufacturers produce?
They do less intensive labor than manufacturing.
They are not organized into uniorhs
They are considered unskilled laborers.
They do more intensive labor than manufacturing
NEXT QUESTION
ASK FOR HELP

Answers

Answer:

They do more intensive labor than manufacturing.

Explanation:

Answer:

I see you copy and pasting from ignitia

Explanation:

Andriel do you remember me​

Answers

Answer:

???????????????????????

Yes do you remember me, Abby?

During a six month period, a department had planned sales of $75,000 and planned turnover of 2.6. Using the Basic Stock Method, determine the BOM stock for February, if planned sales for February are $10,500.

Answers

Answer:

the BOM stock is $26,846

Explanation:

The computation of the BOM stock for the feb month is shown below:

But before that following calculations need to be done

Average stock is

= net sales ÷ stock turnover

= $75,000 ÷ 2.6

= $28,846

Now the basic stock is

= Average stock - monthly sales

= $28,846 - ($75,000 ÷ 6)

= $16,346

And, finally BOM stock is

= Planned sales + basic stock

= $10,500 + $16,346

= $26,846

hence, the BOM stock is $26,846

Suppose that the Federal Reserve has set the required reserve ratio at 0.20 (that is, 20%). Second Republic Bank currently has $150,000 in checkable deposits and $45,000 in outstanding loans. How much money is Second Republic Bank required to hold in reserve in this case

Answers

Answer:

Reserves = $105,000

Required reserve = $30,000

Excess reserve = $75,000

Explanation:

Given:

Required reserve ratio = 0.20

Check able deposit = $150,000

Outstanding loans = $45,000

Computation:

Reserves = Check able deposit - Outstanding loan

Reserves = $150,000 - $45,000

Reserves = $105,000

Required reserve = Check able deposit[Required reserve ratio]

Required reserve = $150,000[0.20]

Required reserve = $30,000

Excess reserve = Reserves - Required reserve

Excess reserve = $105,000 - $30,000

Excess reserve = $75,000

Being held accountable and obligated to fulfill a commitment is ___.

Assets
Liability
Partnership
Logistics

Answers

The answer is Liability

Being held accountable and obligated to fulfill a commitment is Liability. Thus, option B is correct.

What is the liability?


A liability is defined as the future sacrifices of economic advantages that an entity is obligated to make to other entities as a result of previous transactions or other past occurrences.

In accounting, liability refers to any type of financial obligation that a company must pay to another person or company at the conclusion of an accounting period.

Financial advantages such as money, products, or services are used to satisfy liabilities. It is a company's future obligation to pay money to other persons or businesses.

Therefore, option B is correct, that being held accountable and required to fulfill a contract is Liability.

Learn more about the liability, refer to:

https://brainly.com/question/18484315

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