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Bikes R Us crealed a new company called 'Scooters R Us'. This company manufactures scooters instead of bikes. In its fint year of
Bikes " R " Us crealed a new company called 'Scooters "R" Us'. This company manufactures scooters instead of bikes. In its fint year of opentions, ie., for the year ended December 31,2022 , the new company incurred the following cosk: Using a spreadsheet with formuler, saved in Mlicroseft Excel format, complete the following for Parts 1 and 2 below: PART 1: Use the information above to answer parts (a) - (d) for Part 1. (a) Create the CVP Income Statement for Scooters "R" Us. Be sure to use the proper format (ie., with proper heading - Company Name, Financ (b) Compute the contribution margin ratio for Scooters "R" Us (Round to two decimials) (c) Compute the degree of operating leverage (Round to two decimals) (d) Compute the break-even point in sales dollars (Round to two decimak) NOTE for Part 1(a), you must use at least 3 formulas, for Part 1(b), 1(c), and 1(d) you must use at icast 1 formula each Pasturtions: PART 1. Une the informatien obove to answer parts (a)(d) for Part 1. (io) Compute the contribution margin ratio for Scooters "R" US (Round to hid decimmil) (c) Compute the degree of operating leverage ( hound to two decimodid) Nores for Part 1(a), you must use at least 3 formulas, for Part 2(b), 1(ch, and 1id) you must cise at least 1 formula cach BA8T2 2 Assume thot in 2022. Scooters "R" Us sold 23,000 scooten and produced 25,000 scooters. (6) What is the manufacturitg cost per unit osiry variable costing? (b) What is the marwfoctaring cont per unit using absorption costirg? etci)
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