ACCT 241 Week 5 Assignment Help 4 | American University
- american-university / ACCT 241
- 03 Aug 2019
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ACCT 241 Week 5 Assignment Help 4 | American University
1.
Required information
[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):
2.
Required information
[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):
2. What is the contribution margin
ratio?
3
Required information
[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):
4.
Required information
[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):
(1) If sales increase to 1,001 units, what would be
the increase in net operating income? (Round your answer to 2 decimal
places.)
5. Required
information
[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):
(1)
If sales decline to 900 units, what would be the net operating income?
6. If the selling price increases by $2 per unit and the sales volume
decreases by 100 units, what would be the net operating income?
7.
Required information
[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):
(1) 7. If the variable cost per unit
increases by $1, spending on advertising increases by $1,350, and unit sales
increase by 170 units, what would be the net operating income?
8.Required information
[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):
(1) What is the break-even point in unit
sales?
9.Required information
[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):
(1) What is the break-even point in dollar sales?
10.
Required information
[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):
(1) How
many units must be sold to achieve a target profit of $8,100?
11.
Required information
[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):
(1)What is the margin of safety in dollars? What is the margin of safety
percentage?
12.
Required information
[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):
(1)What is the degree of operating leverage?
13.
Required information
[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):
(1)Using the degree of operating leverage, what is
the estimated percent increase in net operating income of a 5% increase in
sales? (Round your intermediate calculations and final answer to 2 decimal
places.)
14.
Required information
[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):
(1)Assume that the amounts of the company’s total
variable expenses and total fixed expenses were reversed. In other words,
assume that the total variable expenses are $8,640 and the total fixed expenses
are $31,500. Under this scenario and assuming that total sales remain the same,
what is the degree of operating leverage? (Round your answer to 2 decimal
places.)
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