Homework Answers
Solution:
Contribution margin ratio = 100% - 41% = 59%
Increase in Sales units = 111000*17% = 18,870 units
Increase in Operating income = 18870*$47 *59% = $523,265
Add Answer to:
sandhill currently sells 111,000 blankets per year. if sales volume
were to increase by 17% by...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
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 41% of sales; fixed costs are $118,000 per month (21) (a2) Your answer is incorrect. What is Sandhill's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.) Breakeven sales $
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $47 throughout the country to loyal alumni of over 2,900 schools. Sandhill's variable costs are 41% of sales: fixed costs are $118,000 per month. X Your answer is incorrect. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $13,600 per month. If Sandhill were to raise its sales price by 10% to cover...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $47 throughout the country to loyal alumni of over 2,900 schools. Sandhill's variable costs are 41% of sales: fixed costs are $118,000 per month. X Your answer is incorrect. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $13,600 per month. If Sandhill were to raise its sales price by 10% to cover...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $47 throughout the country to loyal alumni of over 2.900 schools. Sandhill's variable costs are 41% of sales: fixed costs are $118,000 per month Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $13.600 per month. If Sandhill were to raise its sales price 10% to cover these new costs, but the number...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
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 41% of sales; fixed costs are $118,000 per month. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $10,000 per month. If Sandhill were to raise its sales price by 11% to cover these new costs, what would...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
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 41% of sales; fixed costs are $118,000 per month. Your answer is incorrect. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $10,000 per month. If Sandhill were to raise its sales price by 11% to cover these...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
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 41% of sales; fixed costs are $118,000 per month. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $10,000 per month. If Sandhill were to raise its sales price by 11% to cover these new costs, what would...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
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 41% of sales; fixed costs are $118,000 per month. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $10,000 per month. If Sandhill were to raise its sales price by 11% to cover these new costs, what would...
Current Attempt in Progress Sandhill Monograms sells stadium blankets that have been monogrammed with high...
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) Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38 - 38%.) What is Sandhill's annual breakeven point in sales dollars? (Use the rounded contribution margin ratlo a to...
Ivanhoe Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The...
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. Ivanhoe currently sells 130,000 blankets per year. If sales volume were to increase by 16%, by how much would operating income increase? (Round answer to 0 decimal places, e.g. 5,275.)
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 41% of sales; fixed costs are $118,000 per month (21) (a2) Your answer is incorrect. What is Sandhill's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.) Breakeven sales $
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $47 throughout the country to loyal alumni of over 2,900 schools. Sandhill's variable costs are 41% of sales: fixed costs are $118,000 per month. X Your answer is incorrect. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $13,600 per month. If Sandhill were to raise its sales price by 10% to cover...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $47 throughout the country to loyal alumni of over 2,900 schools. Sandhill's variable costs are 41% of sales: fixed costs are $118,000 per month. X Your answer is incorrect. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $13,600 per month. If Sandhill were to raise its sales price by 10% to cover...
Sandhill Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $47 throughout the country to loyal alumni of over 2.900 schools. Sandhill's variable costs are 41% of sales: fixed costs are $118,000 per month Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $13.600 per month. If Sandhill were to raise its sales price 10% to cover these new costs, but the number...
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 41% of sales; fixed costs are $118,000 per month. Your answer is incorrect. Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $10,000 per month. If Sandhill were to raise its sales price by 11% to cover these...
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) Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38 - 38%.) What is Sandhill's annual breakeven point in sales dollars? (Use the rounded contribution margin ratlo a to...
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