C) | New variable cost per unit = $49*47% | ||||||
=$23.03 | |||||||
New selling price = $49+12% | |||||||
=$54.88 | |||||||
New fixed cost = ($120000+12100)*12 | |||||||
=$1585200 | |||||||
Contribution Margin Ratio = (sales Price- variable cost per unit )/ Sales Price | |||||||
= ( $54.88-23.03) /54.88 | |||||||
=58.0357 % | |||||||
Break-even Point In Dollars = Fixed Cost/ Contribution Margin ratio | |||||||
=$1585200/58.03571% | |||||||
=$2731422 (if contribution margin ratio does not rounded off) | |||||||
=$2731220 (if contribution ratio rounded off) | |||||||
( prefer first one) | |||||||
Kindly give a positive rating if you are satisfied with this solution and please ask if you have any queries. | |||||||
answer C Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and...
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...
ANSWER D 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. (21) 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 ✓ 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)...
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
Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $43 throughout the country to loyal alumni of over 3,800 schools. Carla Vista’s variable costs are 41% of sales; fixed costs are $118,000 per month. a1) Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 = 38%.) 59% a2) What is Carla Vista’s annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in...
Blossom Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $50 throughout the country to loyal alumni of over 3,500 schools. Blossom's variable costs are 40% of sales; fixed costs are $118,000 per month (1) Your answer is correct Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 - 38%) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (a2) Your answer is correct....
Blossom Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $50 throughout the country to loyal alumni of over 3,500 schools. Blossom's variable costs are 40% of sales; fixed costs are $118,000 per month (21) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 - 38%.) Contribution margin ratio 60 % eTextbook and Media Attempts: 1 of 12 used (a21 Blossom currently sells 103,000...
Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable costs are 40% of sales, fixed costs are $116,000 per month. X Your answer is incorrect. What is Cullumber's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.) 193333.33 Breakeven sales e Textbook and Media Assistance...
Oullumber 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 Calculate contribution margin ratio. (Round ratio to 2 percentage places, 0.38 = 389) Contribution margin ratio What is Cullumber's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to...
Show Attempt History Current Attempt in Progress Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $50 throughout the country to loyal alumni of over 2,100 schools. Sandhill's variable costs are 40% of sales; fixed costs are $118,000 per month (a1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38 - 38%) 60 % Contribution margin ratio Assistance Used (c) * Your answer...