Homework Answers
| New prices | |||
| Sale price | $45.00 | $49.95 | (45*1.11) |
| Variable cost | $18.45 | $20.25 | (45*45%) |
| Contribution | $26.55 | $29.70 | |
| Fixed Cost | $1,416,000 | $1,576,800 | (118,000+13,400)*12 |
| Contribution margin | 59.00% | 59.46% | |
| Breakeven sales | $2,651,891 | ||
*If you face any difficulty please let me know in the comment section. Difference in answer can be due to rounding off of Contribution margin. Please give your valuable feedback if you are satisfied with my answer.
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Discussions WP 0.5/1 Conferences Collaborations Question 4 View Policies Show Attempt History Current Attempt in Progress...
WP Collaborations WileyPLUS Support View Porces Show Attempt History Current Attempt in Progress Account Ivanhoe Monograms...
WP Collaborations WileyPLUS Support View Porces Show Attempt History Current Attempt in Progress Account 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: foxed costs are $118,000 per month Dashboard Courses (1) Calendar Inbox ✓ Your answer is correct. Get HELP Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.....
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...
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...
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...
< Prev Question 4 --/1 View Policies Current Attempt in Progress Ivanhoe Monograms sells stadium blankets...
< Prev Question 4 --/1 View Policies Current Attempt in Progress 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. (21) Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 = 38%.) Contribution margin ratio e Textbook and Media Save for Later Attempts:...
can someone how show me how to do breakeven sale (C.)? Thanks you Sandhill Monograms sells...
can someone how show me how to
do breakeven sale (C.)? Thanks you
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) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 38%.) Contribution margin ratio 59 % e...
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...
(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...
can someone show me how to do the new annual operating income (D)? Thanks you Sandhill...
can someone show me how to do the new annual operating income
(D)? Thanks you
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 (a1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38 - 38%.) Contribution margin ratio...
I Question 5 of 5 View Policies Show Attempt History Current Attempt in Progress Sheridan Bucket...
I
Question 5 of 5 View Policies Show Attempt History Current Attempt in Progress Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs 2,080 units $60 per unit $42 per unit $18,720 Fixed costs Question 5 of 5 0.75 / 1 What is the margin of safety in dollars and as a ratio? $ 62400 Margin of safety Margin of safety ratio 50 % e Textbook and Media Attempts: 1...
WP Collaborations WileyPLUS Support View Porces Show Attempt History Current Attempt in Progress Account 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: foxed costs are $118,000 per month Dashboard Courses (1) Calendar Inbox ✓ Your answer is correct. Get HELP Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.....
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...
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...
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...
< Prev Question 4 --/1 View Policies Current Attempt in Progress 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. (21) Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 = 38%.) Contribution margin ratio e Textbook and Media Save for Later Attempts:...
can someone how show me how to
do breakeven sale (C.)? Thanks you
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) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 38%.) Contribution margin ratio 59 % e...
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...
(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...
can someone show me how to do the new annual operating income
(D)? Thanks you
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 (a1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38 - 38%.) Contribution margin ratio...
I
Question 5 of 5 View Policies Show Attempt History Current Attempt in Progress Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs 2,080 units $60 per unit $42 per unit $18,720 Fixed costs Question 5 of 5 0.75 / 1 What is the margin of safety in dollars and as a ratio? $ 62400 Margin of safety Margin of safety ratio 50 % e Textbook and Media Attempts: 1...
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