D) | New variable cost per unit = $49*47% | |||
=$23.03 | ||||
New selling price = $49+12% | ||||
=$54.88 | ||||
New fixed cost = ($120000+12100)*12 | ||||
=$1585200 | ||||
Blankets sold = 150000-5% | ||||
=142500 blankets | ||||
Calculation of operating income | ||||
Sales revenue | $ 78,20,400 | |||
($54.88*142500) | ||||
Less: | ||||
Variable Cost | $ 32,81,775 | |||
($23.03*142500) | ||||
Contribution Margin | $ 45,38,625 | |||
Less: | ||||
Fixed cost | $ 15,85,200 | |||
Operating Income | $ 29,53,425 | |||
Kindly give a positive rating if you are satisfied with this solution and please ask if you have any queries. | ||||
ANSWER D Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and...
answer C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales, fixed costs are $120,000 per month. (1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38-38%.) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (2) ✓ Your...
solve C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales, fixed costs are $120,000 per month. (1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38-38%.) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (2) ✓ Your...
Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales; fixed costs are $120,000 per month. (a1) ✓ Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 - 38%.) Contribution margin ratio 60 % e Textbook and Media Attempts: 1 of 12 used (22)...
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Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $49 throughout the country to loyal alumni of over 1,700 schools. Carla Vista's variable costs are 40% of sales; fixed costs are $120,000 per month. (a1) Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 = 38%.) Contribution margin ratio eTextbook and Media Save for Later Attempts: 0 of 12 used Submit Answer
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Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $40 throughout the country to loyal alumni of over 1,600 schools. Cullumber's variable costs are 40% of sales; fixed costs are $120,000 per month. Assume that variable costs increase to 45% of the current sales price and fixed costs increase by $12,000 per month. If Cullumber were to raise its sales price by 12% to cover these new costs, what would...