Manufacturer supplied
A tile manufacturer has supplied the following data:
Boxes of tile produced and sold 580,000 Sales revenue $2,842,000 Variable manufacturing expense $1,653,000 Fixed manufacturing expense $784,000 Variable selling and admin expense $145,000 Fixed selling and admin expense $128,000 Net operating income $132,000
Required: a. Calculate the company's unit contribution margin
b. Calculate the company's unit contribution ratio
c. If the company increases its unit sales volume by 5% without increasing its fixed expenses, what would the company's net operating income be?