Assume that variable costs increase to 46% of the current sales price and fixed costs increase by $15,000 per month. If Sunlandwere to raise its sales price by 10% to cover these new costs, what would be the new annual breakeven point in sales dollars? (Round sales price to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.)

Question 2 of 6 -73 Current Attempt in Progress Sunland 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 1,600 schools. Sunland's variable costs are 40% of sales, fixed costs are $120,000 per month. (a 1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 = 38%.) 60 % Contribution margin ratio e Textbook and Media Attempts: 1 of 4 used Question Part Score 0.5/0.5 Question 2 of 6 > -/3 E Your answer is correct. What is Sunland's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.) $ Breakeven sales 2400000 e Textbook and Media Attempts: 1 of 4 used Question Part Score 0.5/0.5 (b) Your answer is correct. Question 2 of 6 -/3 (b) Your answer is correct. Sunland currently sells 131,000 blankets per year. If sales volume were to increase by 15%, by how much would operating income increase? (Round answer to 0 decimal places, e.g. 5,275.) $ 589500 Operating income e Textbook and Media Attempts: 1 of 4 used Question Part Score 0.5/0.5 (c) Assume that variable costs increase to 46% of the current sales price and fixed costs increase by $15,000 per month. If Sunland were to raise its sales price by 10% to cover these new costs, what would be the new annual breakeven point in sales dollars? (Round sales nrice to 2 decimal nlaces eg 52 75 and final answer to decimal nlaces eg 5275) (c) Assume that variable costs increase to 46% of the current sales price and fixed costs increase by $15,000 per month. If Sunland were to raise its sales price by 10% to cover these new costs, what would be the new annual breakeven point in sales dollars? (Round sales price to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) $ Breakeven sales e Textbook and Media Save for Later Attempts: 0 of 4 used Submit Answer Question Part Score --/0.5