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Bagel Land operates a bagel store in Niagara Falls. The owner has provided the following budgeted data for next year. Revenue $ 1 1 ,
Bagel Land operates a bagel store in Niagara Falls. The owner has provided the following budgeted data for next year. Revenue $ Fixed Costs $ Variable Costs depends on the # of bagels sold $ For each of the following scenarios, determine the dollar impact on Bagel Land. Consider each scenario independently. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter all values as positive values. Do not use the negative sign. i A increase in fixed costs. Revenue: Answer No change $Answer Variable Costs: Answer No change $Answer Fixed Costs: Answer Increase by $Answer Contribution Margin: Answer No change $Answer Budgeted Operating Profit: Answer Decrease by $Answer ii A increase in contribution margin, but holding revenue constant. Revenue: Answer No change $Answer Variable Costs: Answer Decrease by $Answer Fixed Costs: Answer No change $Answer Contribution Margin: Answer Increase by $Answer Budgeted Operating Profit: Answer Increase by $Answer iii. A increase in fixed costs and increase in units sold. Revenue: Answer Increase by $Answer Variable Costs: Answer Increase by $Answer Fixed Costs: Answer Increase by $Answer Contribution Margin: Answer Increase by $Answer Budgeted Operating Profit: Answer Decrease by $Answer
Bagel Land operates a bagel store in Niagara Falls. The owner has provided the following budgeted data for next year.
Revenue $
Fixed Costs $
Variable Costs depends on the # of bagels sold $
For each of the following scenarios, determine the dollar impact on Bagel Land.
Consider each scenario independently.
Do not enter dollar signs or commas in the input boxes.
Round all answers to the nearest whole number. Enter all values as positive values. Do not use the negative sign.
i A increase in fixed costs.
Revenue: Answer
No change
$Answer
Variable Costs: Answer
No change
$Answer
Fixed Costs: Answer
Increase by
$Answer
Contribution Margin: Answer
No change
$Answer
Budgeted Operating Profit: Answer
Decrease by
$Answer
ii A increase in contribution margin, but holding revenue constant.
Revenue: Answer
No change
$Answer
Variable Costs: Answer
Decrease by
$Answer
Fixed Costs: Answer
No change
$Answer
Contribution Margin: Answer
Increase by
$Answer
Budgeted Operating Profit: Answer
Increase by
$Answer
iii. A increase in fixed costs and increase in units sold.
Revenue: Answer
Increase by
$Answer
Variable Costs: Answer
Increase by
$Answer
Fixed Costs: Answer
Increase by
$Answer
Contribution Margin: Answer
Increase by
$Answer
Budgeted Operating Profit: Answer
Decrease by
$Answer
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