Solution-What would be the operating profit of company

What would be the operating profit of company

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Reference no: EM13535036

What would be the operating profit of Company X if its production output for the year had been 110,000 units (equal to the number of units sold) instead of the 120,000 units production output level assumed in table?

	Company X
	Per Unit	Totals
Operating Profit Report for Year
Sales volume, in Units		110,000
Sales Revenue	$1,400.00	$154,000,000
Cost of Goods Sold Expense (see below)	-760	-83,600,000
Gross Margin	$640.00	$70,400,000
Variable Operating Expenses	-300	-33,000,000
Contribution Margin	$340.00	$37,400,000
Fixed Operating Expenses		-21,450,000
Operating Profit		$15,950,000
Manufacturing Activity Summary for Year	Per Unit	Totals
Annual Production Capacity, in Units		150,000
Actual Output, in Units		120,000
Raw Materials	$215.00	$25,800,000
Direct Labor	125	15,000,000
Variable Manufacturing Overhead Costs	70	8,400,000
Total Variable Manufacturing Costs	$410.00	$49,200,000
Fixed Manufacturing Overhead Costs	350	42,000,000
Product Cost and Total Manufacturing Costs	$760.00	$91,200,000

Reference no: EM13535036

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What would be the operating profit of company

Reference no: EM13535036

Reference no: EM13535036

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