Can you answer # 6 please?

Answers: ENT 401 Homework Chapter 24- Break Even Volume and Amount Analysis Answer the following questions by referring to the profit and loss statement for East End Gallery below. 2. Calculate breakeven volume and discuss how you would use it as a manager to make decisions. Answer: Units Sold Revenue Cost of Goods Sold Unit contribution margin = revenue per unit variable cost per unit Fixed Costs 150 Breakeven volume = fixed costs / unit contribution margin 46,937 Breakeven volume = fixed costs/unit contribution margin 3. Calculate unit contribution percentage and discuss how you would use it as a manager to make decisions. Answer: Revenue $46,937$28,614 Cost of Goods Sold Contribution Margin Percentage =( Revenue Variable cost )/ Revenue 4. Calculate breakeven amount and discuss how you would use it as a manager to make decisions. Answer: Revenue 46,937 Cost of Goods Sold 28,614 Contribution Margin Percentage =( Revenue - Variable cost ) Revenue Fixed Costs Breakeven Amount = Fixed Costs / Contribution Margin Percentage 5. Using the breakeven volume calculated for question 2 and breakeven amount calculated for question four and assuming East End Gallery is open 30 days per month, calculate sales per day. Discuss how you would use it as a manager to make decisions. Answer: Sales Per day = breakeven volume / days open .37 units per day Sales Per day = breakeven amount/ days open $114.85 6. Using the breakeven volume calculated for question 17 and assuming East End Gallery is open 8 hours per day, 30 days per month, calculate sales per hour. Discuss how you would use it as a manager to make decisions. Answer: Sales Per hour = breakeven volume / days open / hours open units per hour Sales Per hour = breakeven amount/ days open/ hours open $ 7. Assuming East End Gallery occupies 2,500 square feet, calculate the sales per square foot for the month and annually. Discuss how you would use it as a manager to make decisions. Answer: Square Foot Revenue Monthly Sales per Square Foot 2,500 46,937 1.56 18.77 Annual Sales per Square Foot