Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.Sales (6,600 units)Variable expensesContribution margin$ 402,600270,600132,000103,500$ 28,500Fixed expensesNet operating incomeIf the company sells 6,500 units, its net operating income should be closest to:Note: Do not round intermediate calculations.Multiple Choice$27,979$26,500$28,500$24,000

Fixed costs are remain constantVariable cost per unit remain constantIncremental profit equals to…

Answered: Rovinsky Corporation, a company that…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

See similar textbooks

Similar questions

West Island distributes a single product. The companys sales and expenses for the month of June are shown. Using the information presented, answer these questions: A. What is the break-even point in units sold and dollar sales? B. What is the total contribution margin at the break-even point? C. If West Island wants to earn a profit of $21,000, how many units would they have to sell? D. Prepare a contribution margin income statement that reflects sales necessary to achieve the target profit.
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (8,200 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 8,100 units, its net operating income should be closes to: (Do not round intermediate calculations.) Multiple Choice $ 467,400 303,400 164,000. 103,500 $ 60,500 $59.979
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (7,800 units) Variable expenses $ 413,400 257,400 156,000 103,500 Contribution margin $ 52,500 Fixed expenses Net operating income If the company sells 7,700 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $50,500 $48,000 O $51,979 $52,500
Save & Exit Submit The BX68490 company has provided its contribution format income statement for a given month. Sales (7,200 units) Variable expenses Contribution margin Fixed expenses $338,400 194,400 144,000 103,500 Net operating income $ 40,500 If the BX68490 company sells 7,100 units next month, how much would its net operating income expected to be next month? (Do not round intermediate calculations.) Multiple Choice $40,500 $39,979 17,650 56 MAR tv 14
Keomuangtai Corporation produces and sells a single product. The company has provided its contribution format income statement for October. Sales (4,600 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 4,200 units, its net operating income should be closest to: Multiple Choice $25,200 $2,000 $17,600 $ 266,800 179,400 87,400 62,200 $ 25,200 $23,009
Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,700 units) $ 368,500 Variable expenses 268,000 Contribution margin 100,500 Fixed expenses 88,000 Net operating income $ 12,500 If the company sells 6,900 units, its net operating income should be closest to: (Do not round intermediate calculations.) Garrison 16e Rechecks 2018-06-19 Multiple Choice $15,500 $23,500 $12,500 $12,873
Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (5,600 units) Variable expenses Contribution margin $ 224,000 117,600 106,400 Fixed expenses 86,700 Net operating income $ 19,700 If the company sells 5,800 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $23,500 $19.700 $27,700 $20,404
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (4,600 units) Variable expenses Contribution margin Fixed expenses $193,200 87,400 105,800 45,200 Net operating income $ 60,600 If the company sells 4,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,400 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 236,800 140,600 96,200 54,300 $ 41,900 Per Unit $32.00 19.00 $13.00 Required: (Consider each case independently): 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income 1. What would be the revised net operating income per month if the sales volume increases by 80 units? 2. What would be the revised net operating income per month if the sales volume decreases by 80 units? 3. What would be the revised net operating income per month if the sales volume is 6,400 units?
Whirly Corporation's contribution format income statement for the most recent month is shown below: Per Unit $31.00 18.00 $ 13.00 Sales (8,600 units) Variable expenses Contribution, margin Fixed expenses Net operating income Total $ 266,600 154,800 111,800 Required: (Consider each case independently): 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income 56,000 $ 55,800 1. What would be the revised net operating income per month if the sales volume increases by 90 units? 2. What would be the revised net operating income per month if the sales volume decreases by 90 units? 3. What would be the revised net operating income per month if the sales volume is.7,600 units?
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (4,400 units) $ 162,800 Variable expenses 79,200 Contribution margin 83,600 Fixed expenses 44,800 Net operating income $ 38,800 If the company sells 4,500 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $39,682 $85,500 $83,600 $87,300
Required information Skip to question [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 25, 700 Variable expenses 13,900 Contribution margin 11, 800 Fixed expenses 7, 788 Operating income $ 4,012 7. If the variable cost per unit increases by $0.60, spending on advertising increases by $1,100, and unit sales increase by 250 units, what would be the operating income? (Do not round intermediate calculations.)

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS