Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2009 A Data Table The contribution marg Donuts for August 20 (Click the icon to statement.) for every dozen pnuts sells for $4.00 zen. A

image text in transcribed
image text in transcribed
image text in transcribed
2009 A Data Table The contribution marg Donuts for August 20 (Click the icon to statement.) for every dozen pnuts sells for $4.00 zen. A dozen vith total variable cc to the nearest cer Requirement 1. Cald Unique Donuts Contribution Margin Income Statement Month Ended August 31, 2018 Net Sales Revenue $ 127,000 Variable Costs: Cost of Goods Sold $ 32,100 Selling Costs 17,300 1,400 50.800 Administrative Costs Contribution Margin 76,200 Fixed Costs: Selling Costs 25,920 8,640 34,560 Administrative Costs 41,640 Operating Income Contribution margin Weighted average ca Choose from any list Print Done nswer parts remaining Unique sells four dozen plain donuts for every buzull WELL A l s for $4 contribution margin income statement of Unique nuts for Ay (Click the A Requirements atement.) X Pozen variable earest Lequiremen 1. Calculate the weighted average contribution margin. 2. Determine Unique's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. 3. Compute Unique's margin of safety in dollars for August 2018. 4. Compute the degree of operating leverage for Unique Donuts. Estimate the new operating income if total sales increase by 10%. (Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix remains unchanged.) 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 10% increase in total sales. (The sales mix remains unchanged.) Contribution Weighted av Print Done Choose from Clear All Check Answer parts remaining Save Homework: Chapter 20 Homework Assignment Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt P20-41A (similar to) Question Help The contribution margin income statement of Unique Donuts for August 2018 follows: EE (Click the icon to view the contribution margin income statement.) Unique sells four dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen custard-filled donuts sells for $8.00, with total variable cost of $3.20 per dozen. Read the requirements Requirement 1. Calculate the weighted average contribution margin. (Round all currency amounts to the nearest cent.) Plain Filled Total Contribution margin Weighted average contribution margin per unit Choose from any list or enter any number in the input fields and then click Check Answer 7 parts remaining Clear All Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting A Smart Approach

Authors: Mary Carey, Jane Towers Clark, Cathy Knowles

1st Edition

0199587418, 978-0199587414

More Books

Students also viewed these Accounting questions

Question

What is the status (prevalence) of unions today?

Answered: 1 week ago