Office Total Company Chicago Minneapolis
Sales $460,000 100% $155,000 100% $305,000 100%
Variable expenses 229,500 50% 46,500 30% 183,000 60%
Contribution margin 230,500 50% 108,500 70% 122,000 40%
Traceable fixed expenses 129,400 28% 80,600 52% 48,800 16%
Office segment margin 101,100 22% $27,900 18% $73,200 24%
Common fixed expenses not traceable to offices 64,400 14%
Net operating income $36,700 8%

Required:
By how much would the company’s net operating income increase if Minneapolis increased its sales by $56,250 per year?

Excellent inc. had a per-unit conversion cost of $3.00 during april and incurred direct materials cost of $112,000, direct labor costs of $84,000, and manufacturing overhead costs of $50,400 during the month. how many units did it manufacture during the month? a. 18,000 b. 44,800 c. 70,000 d. 30,000

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.