User Account

All Pages

Determine what would be the net operating income

Assignment Help Managerial Accounting
Reference no: EM132586780

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$25,000

Variable expenses 17,500

Contribution margin 7,500

Fixed expenses 4,200

Net operating income$3,300

Question 1: If sales decline to 900 units, what would be the net operating income?

Reference no: EM132586780

Questions Cloud

Identify revenue systems at kiara outdoor berhad : Identify FIVE (5) internal control weaknesses of revenue systems at Kiara Outdoor Berhad.Kiara Outdoor Berhad is a Sintok based wholesaler of rafting
Briefly discuss whether franklin behaved in ethical manner : Would Franklin's approach of subdividing the project in two parts have any effect on the company's financial statements? Briefly explain.
Estimate cash disbursements related to purchases for april : Estimate cash disbursements related to purchases for April, May, and June.Prior experience has shown that 80 percent of a month's purchases are paid in month
Estimate budgeted cash receipts for april : Estimate budgeted cash receipts for April, May, and June.Prior experience has shown that 61 percent of a month's sales are collected in the month of sale
Determine what would be the net operating income : If sales decline to 900 units, what would be the net operating income?Oslo Company prepared the following contribution format income statement
Prepare the production budget for cato for the months : Prepare the production budget for Cato for the months of January, February, and March.Cato produces a vitamin-enhanced dog food that is sold in Kansas.
Prepare contribution format income statement for the month : Gold Star Rice, Ltd., of Thailand exports Thai rice, Prepare contribution format income statement for the month based on the actual sales data.
Compute company revised break-even point in dollar sales : Compute the company's revised break-even point in dollar sales. Also, compute its revised margin of safety in dollars and margin of safety percentage.
Compute how many balls will have to be sold next year : Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Why wouldn''t this product be the most profitable use

Which product has the largest unit contribution margin? Why wouldn't this product be the most profitable use of the constrained resource in either case?

  Evaluate the recommendation of the vice president

Evaluate the recommendation of the Vice president (Treating Ad as cost of production and overhead). The effect on financial statements.

  Which process cost system will be used

A process cost system will be used by all of the following manufacturing companies except a(n). Job cost sheets can be used for all

  What steps are involved in charting out the revenue cycle

What steps are involved in charting out the revenue cycle of a healthcare organization with which you are familiar? Define managerial accounting

  What the investment payback period in years is

What The investment's payback period in years (rounded to two decimal points) is? Tiger Management Services is considering an investment of $75,000.

  Determine the project profitability index for each project

Compute the project profitability index for each project. (Round your answers to 2 decimal places.) Rank the projects in terms of preference

  Calculate the material and labour cost variances

Calculate the material and labour cost variances. ESPN Enterprises manufactures a food product, details of which are as under Standard cost per unit

  Make a record or journalize all transactions

On Jan 1, 2017 PT Bro had 50,000 shares, $5 par value per share, During the year, the following transactions ocurred. Make Record or journalize all transaction.

  Advice on the reliance of financial ratios analysis

Advice on the reliance of financial ratios analysis and budgetary controls for co-ordination and control of the group performance. Critical analysis of the company's management accounting function and ethical issues in the face of "Brexit" decisions..

  What is the statement of cash flows

What is the statement of cash flows and briefly describe 3 types of business activities it classifies? Discuss two methods of presenting operating activities

  Compute how much will net income increase

If the sales price is increased to $50 per unit and nothing else changes, how much will net income increase? A company reports the annual

  Compute the return on investment in average operating assets

Calculate the return on investment in average operating assets employed (ROI) for 2007 for the Frankfurt Steel Division. Calculate Frankfurt Steel Division's residual income on the basis of average operating assets employed.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd