Anglico's Most Recent Income Statement Is Given Below

question 101

Essay

Anglico's most recent income statement is given below.

Required:
a. Contribution margin per unit is $ ________ per unit
b. If sales are doubled total variable costs will equal $ ________
c. If sales are doubled total fixed costs will equal $ ________
d. If 20 more units are sold, profits will increase by $ ________
e. Compute how many units must be sold to break even. # ________
f. Compute how many units must be sold to achieve
operating income of $60,000.# ________
g. Compute the revenue needed to achieve an after tax
income of $30,000 given a tax rate of 30%. $ ________

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Definitions:

Monte Carlo Simulation

A computational algorithm that uses repeated random sampling to obtain numerical results, typically used to assess risk and uncertainty in prediction and modeling.

Contingency Funds

Reserved money set aside by organizations or projects to address unforeseen events or emergencies that may incur additional costs.

Risk Profile

A risk profile is a quantified analysis of the types of threats an organization, asset, project, or individual faces, focusing primarily on the risk exposure level.

Political Risk

The potential for losses or adverse effects on company operations and profitability due to political changes or instability in a country.