Homework Answers
Solution d:
New selling price = $46*111% = $51.06 per unit
New variable cost per unit = $46 * 46% = $21.16 per unit
New CM per unit = $51,06 - $21.16 = $29.90
New fixed costs = $114,000 + $14,100 = $128,100 per month
New sales volume = 106000*94% = 99640 blankets
New annual operating income = Contribution margin - Fixed costs = (99640*$29.90) - ($128,100*12) = $1,442,036
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Question 4 0.5/1 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium...
Question 4 0.5/1 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium...
Question 4 0.5/1 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $46 throughout the country to loyal alumni of over 3,000 schools. Sunland's variable costs are 43% of sales, fixed costs are $114,000 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 0 5...
Show Attempt History Current Attempt in Progress Sandhill Monograms sells stadium blankets that have been monogrammed...
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...
Discussions WP 0.5/1 Conferences Collaborations Question 4 View Policies Show Attempt History Current Attempt in Progress...
Discussions WP 0.5/1 Conferences Collaborations Question 4 View Policies Show Attempt History Current Attempt in Progress Account WileyPLUS Support Dashboard Courses Ivanhoe Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $45 throughout the country to loyal alumni of over 3.500 schools. Ivanhoe's variable costs are 41% of sales, fixed costs are $118.000 per month Calendar Inbox (a1) Get HELP SOS Your answer is correct. Calculate contribution margin ratio. (Round ratio...
LUS Stem Annoucements CALCULATOR PRINTER VERSION RACE Exercise 3-13 Sunland Monograms sells stadium blankets that have...
LUS Stem Annoucements CALCULATOR PRINTER VERSION RACE Exercise 3-13 Sunland Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $46 throughout the country to loyal alumni of over 1,600 schools. Sunland's variable costs are 40% of sales; fixed costs are $120,000 per month Calculate contribution margin ratio. (Round ratio to 2 percentage places, ... 38 389.) Contribution margin ratio What is Sunland's annual breakeven point in sales dollars (use the rounded...
ANSWER D Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and...
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...
(d) Assume that variable costs increase to 45% of the current sales price and fixed costs...
(d) Assume that variable costs increase to 45% of the current sales price and fixed costs increase by $12,000 per month. If Sunland were to raise its sales price 10% to cover these new costs, but the number of blankets sold were to drop by 6%, what would be the new annual operating income? (Round sales price to 2 decimal places, eg. 52.75 and final answer to decimal places, eg. 5,275.) The new annual operating income Toython 3 of 4...
answer C 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...
assume that variable cost increase to 45% of the current sales price and fix costs increase...
assume that variable cost increase to 45% of the current sales
price and fix costs increase by $12,000 per month. If Sunland were
to raise its sales price 10% to cover these new costs, but the
number of blankets sold were to drop by 6% what would be the new
annual operating income?
h 3: Homework Question 3 of 4 4.17/5.25 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium blankets that have been monogrammed with...
Sunland Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
Sunland 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 1,600 schools. Sunland's variable costs are 40% of sales; fixed costs are $120,000 per month x Your answer is incorrect. Assume that variable costs increase to 45% of the current sales price and fixed costs increase by $15,000 per month. If Sunland were to raise its sales price by 10% to cover...
Question 3 of 4 < > 1.04/6.25 View Policies Show Attempt History Current Attempt in Progress...
Question 3 of 4 < > 1.04/6.25 View Policies Show Attempt History Current Attempt in Progress 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. (a 1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg, 0.38 - 38%) Contribution...
Question 4 0.5/1 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $46 throughout the country to loyal alumni of over 3,000 schools. Sunland's variable costs are 43% of sales, fixed costs are $114,000 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 0 5...
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...
Discussions WP 0.5/1 Conferences Collaborations Question 4 View Policies Show Attempt History Current Attempt in Progress Account WileyPLUS Support Dashboard Courses Ivanhoe Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $45 throughout the country to loyal alumni of over 3.500 schools. Ivanhoe's variable costs are 41% of sales, fixed costs are $118.000 per month Calendar Inbox (a1) Get HELP SOS Your answer is correct. Calculate contribution margin ratio. (Round ratio...
LUS Stem Annoucements CALCULATOR PRINTER VERSION RACE Exercise 3-13 Sunland Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $46 throughout the country to loyal alumni of over 1,600 schools. Sunland's variable costs are 40% of sales; fixed costs are $120,000 per month Calculate contribution margin ratio. (Round ratio to 2 percentage places, ... 38 389.) Contribution margin ratio What is Sunland's annual breakeven point in sales dollars (use the rounded...
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...
(d) Assume that variable costs increase to 45% of the current sales price and fixed costs increase by $12,000 per month. If Sunland were to raise its sales price 10% to cover these new costs, but the number of blankets sold were to drop by 6%, what would be the new annual operating income? (Round sales price to 2 decimal places, eg. 52.75 and final answer to decimal places, eg. 5,275.) The new annual operating income Toython 3 of 4...
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...
assume that variable cost increase to 45% of the current sales
price and fix costs increase by $12,000 per month. If Sunland were
to raise its sales price 10% to cover these new costs, but the
number of blankets sold were to drop by 6% what would be the new
annual operating income?
h 3: Homework Question 3 of 4 4.17/5.25 View Policies Show Attempt History Current Attempt in Progress Sunland Monograms sells stadium blankets that have been monogrammed with...
Sunland 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 1,600 schools. Sunland's variable costs are 40% of sales; fixed costs are $120,000 per month x Your answer is incorrect. Assume that variable costs increase to 45% of the current sales price and fixed costs increase by $15,000 per month. If Sunland were to raise its sales price by 10% to cover...
Question 3 of 4 < > 1.04/6.25 View Policies Show Attempt History Current Attempt in Progress 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. (a 1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg, 0.38 - 38%) Contribution...
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