are these correct? can you reconfim how to solve them ?
I also do not know if the Data section is correct or missing something.
Home Layout Tablas Charts Formus Edit FIII Font Alignment Number Format Calibri 11 AA abc Wrap Text General OTAAL oftras EIE Clear B Pasta 1 U Merge - % Conditional Ota/psin... QFont Formatting A4 The Oceanside Garden Nursery buys flowering plants in four-inch pots for $1.00 each and sells them for $2.50 each. Manageme D H M Q Cost-Volume-Profit Analysis 2 Using Excel for Cost-Volume-Profit (CVP) Analysis 3 4 The Oceanside Garden Nursery buys flowering plants in four-inch pots for $1.00 each and sells them for $2.50 each. Management budgets monthly feed costs of 53,100 for sales volumes between Band 5,000 pl 5. Use the blue shaded areas on the ENTERANSWERS tab for inputs. 6 Always use cell references and formulas where appropriate to receive full credit. If you copy/pasta from the Instructions tab you will be marked wrong 7 8 9 Requirements: Posible per 10 1 Use the contribution margin approach to compute the company's monthly breakeven point in units. 11 2 Use the contribution margin ratio approach to compute the breakeven point in sales dollars. 12 3 Use the contribution margin approach to compute the monthly sales level in units) required to earn a target operating income of $5,000. 13 14 15 Excel Skills Conditional Formatting FM.. C8 D 1 2 3 4 5 6 7 8 9 10 DATA Description Sales price per unit Variable cost per unit Contribution margin per unit Total fixed costs Profit at breakeven Target profit $ $ $ $ Amount 2.50 1.00 1.50 2,100 $ 5,000 Requirement 1 Use the contribution margin approach to compute the company's monthly breakeven in units. Reference the cells in the DATA table above when constructing your breakeven formula below. Do not use target profit in this calculation. Format as a number (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong) 12 13 14 15 16 17 18 19 20 21 22 Breakeven in Units 1,400 Requirement 2 Use the contribution margin ratio approach to compute the breakeven point in sales dollars. Reference the DATA ) in your formula for contribution margin ratio below. Do not use target profit in these calculations Format the ratio as a percentage and the breakeven in dollars as accounting number format in whole dollars. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong) Contribution margin ratio 60N Breakeven in Dollars $ 3,500 24 25 27 28 29 30 1 32 3 14 35 Requirement 3 Use the contribution margin approach to compute the monthly sales level fin units) required to earn a target operating income of $5,000. Reference the cells) in the DATA table above when constructing your target sales level formula below. Format as number. Use the Excel ROUNDUP function to obtain whole units to reach the target operating income (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong) Target sales level in units) 4,733 6 + 7 9 HINTS 0 Cell Hint: C4:29 Enter the appropriate numeric values given on the instructions tab. Use an equal sign () and the appropriate cells previously completed in the DATA table to calculate the values that are not directly given on the instructions tab. Do not use equal sign (0) when entering a single numeric value. Do not leave any cells blank. 035 Use the function ROUNDUP(), to calculate the target sales level. 1 2 3 4
