Homework Answers
| Contirbution margin ratio = 1 - Variable cost ratio = 1 - 40% | 60% |
| Annual fixed expenses = Monthly fixed expenses * 12 = 118000 * 12 = | 1416000 |
| Breakeven sales = Annual fixed expense / Contribution margin ratio = 1416000 / 60% = | 2360000 |
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Current Attempt in Progress Sandhill Monograms sells stadium blankets that have been monogrammed with high...
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 $
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...
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. (a1) Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 = 38%.) Contribution margin ratio %
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 $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...
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. What is Ivanhoe’s annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.)
Question 3 of 4 1.04/ 6.25 Current Attempt in Progress Blossom Monograms sells stadium blankets that...
Question 3 of 4 1.04/ 6.25 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 (a1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38-38%.) 60 % Contribution margin ratio OT 12 used (a2) Your...
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 $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 $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 $
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...
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 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...
Question 3 of 4 1.04/ 6.25 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 (a1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38-38%.) 60 % Contribution margin ratio OT 12 used (a2) Your...
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 $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...
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