Can you please help me with my hw, thank you!
Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $90 per unit. Variable expenses are $63 per stove, and fixed expenses associated with the stove total $124.200 per month Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed expenses remain unchanged) 3. At present, the company is selling 17.000 stoves per month. The sales monager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of $79,000 per month? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the break-even point in unit sales and in dollar sales? Freak-even point in unit sales Break-even point in dollar sales Required 2 > Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $90 per unit. Variable expenses are $63 per stove, and fixed expenses associated with the stove total $124.200 per month. Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed expenses remain unchanged.) 3. At present, the company is selling 17,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly soles of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes 4. Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of $79,000 per month? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed expenses remain unchanged.) Higher break-even point Lower break-even point Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 At present, the company is selling 17,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. Outback Outfitters Contribution Income Statement Present Proposed 17,000 Stoves Stoves Total Per unit Total Per unit 0 $ 0 0 $ 0 $ 0 $ 0 Contribution Income Statement Present Proposed 17,000 Stoves Stoves Total Per unit Total Per unit 0 $ 0 0 $ Administrative expenses Advertising Beginning merchandise inventory 0 $ 0 Required 2 Required 4 > Commissions At present, the company is selling 17,000 stoves per month. The sales manager is convinced that a 1 selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution form one under present operating conditions, and one as operations would appear after the proposed chan Contribution Income Statement Outback Outfitters Present 17,000 Stoves Total Per unit Proposed Stoves Total Per unit 0 $ 0 0 $ 0 Cost of goods sold Depreciation Direct labor Direct materials Ending merchandise inventory $ $ 0 Required 1 Required 2 Required 3 Required 4 At present, the company is selling 17,000 stoves per month. The sales manager is convinced that a 10% reduct selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income one under present operating conditions, and one as operations would appear after the proposed changes. Contribution Income Statement Outback Outfitters Present 17,000 Stoves Total Per unit Proposed Stoves Total Per unit 0 $ 0 0 0 0 $ 0 Fixed expenses Indirect labor Indirect materials Insurance expense Purchases Required 1 Required 2 Required 3 Required 4 At present, the company is selling 17,000 stoves per month. The sales manager is convinced that a 10% reductie selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format incomes one under present operating conditions, and one as operations would appear after the proposed changes. Contribution Income Statement Outback Outfitters Present 17,000 Stoves Total Per unit Proposed Stoves Total Per unit 0 $ 0 0 $ 0 0 $ Purchases Salaries and commissions expense Sales Selling expenses Variable expenses 0 Required 2 Required 4 > Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed expenses remain unchanged.) 3. At present, the company is seling 17,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of $79,000 per month? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of $79,000 per month? (Round up your final answer to the nearest unit.) Unit sales needed to attain the target profit
