Ch : Homework Question 9 of 10 Calculate the contribution margin ratios for the audio, video, and car product lines. (Round answers to 2 decimal places, 0.75) Contribution margin ratio Audio Video Car eTextbook and Media What would be the effect on pront of a $114 800 increase in sales of audio equipment compared with a $114 800 increase in sales of video equipment or a $114,800 increase in sales of car equipment? Audio Profit will A e type here to search Question 9 of 10 -11 What would be the effect on profit of a $114,800 increase in sales of audio equipment compared with a $114,800 increase in sales of video equipment or a $114,800 increase in sales of car equipment? Audio Profit will vby s Video Profit will by $ Car Profit will by $ Based on this limited information, which product line would you recommend expanding? e Textbook and Media 11 Type here to search O Question 9 of 10 Calculate the break even level of sales dollars for the company as a whole (Round weighted average contribution morgin rotilo to 5 decimal aces, es. 012518 and final answer to decimal places, ex. 125) Break even level of sales $ e Textbook and Media Calculate sales needed to achieve a profit of $1.849,000, assuming the current mix. (Round weighted average contribution margin ratio to 5 decimal places eg. 0.12518 and final answer to decimal places, 68 125) Required sales $ e Textbook and Media o Type here to search Question 9 of 10 -/1 Calculate sales needed to achieve a profit of $1,849,000, assuming the current mix. (Round weighted average contribution margin ratio to 5 decimal places, e.g. 0.12518 and final answer to decimal places, eg. 125.) Required sales $ e Textbook and Media Determine the sales of audio, video, and car products in the total sales amount calculated for part d. (Round answers to the nearest whole dollar, e.g. 5,275. Round intermediate calculations to 4 decimal places, eg: 0.1251.) Audio sales 5 Video sales $ Car sales S O DI 0- Type here to search E Question 9 of 10 -/1 View Policies Current Attempt in Progress Blue Multimedia sells audio and video equipment and car stereo products. After performing a study of fixed and variable costs in the prior year, the company prepared a product-line profit statement as follows: Blue Multimedia Profitability Analysis For the Year Ended December 31, 2020 Audio Video Car $3.084,000 $2.082,000 $1,179,000 Total $6,345,000 Sales Less variable costs: Cost of merchandise Salary, part-time staff Total variable costs Contribution margin Less direct fixed costs Salary, full-time statt Total 1.788.720 185.040 1973.760 1.110.240 1.519.860 104.100 1,623.960 458.040 601.290 47.160 648,450 530.550 3.909.870 336.300 4,246,170 2098.830 334.800 5775.440 253.100 $204,940 236,600 $293.950 824.500 $1.274,330 1 Type here to search E o e Question 9 of 10 -/1 Total $6,345,000 3,909,870 336,300 4,246,170 2,098,830 For the Year Ended December 31, 2020 Audio Video Car Sales $3,084,000 $2,082,000 $1,179,000 Less variable costs: Cost of merchandise 1.788,720 1,519,860 601.290 Salary, part-time staff 185,040 104,100 47,160 Total variable costs 1.973.760 1,623,960 648,450 Contribution margin 1.110.240 458,040 530.550 Less direct fixed costs: Salary, full-time staff 334,800 253,100 236,600 Total $775,440 $204.940 $293.950 Less common fixed costs: Advertising Utilities Other administrative costs Total common fixed costs Profit 824,500 $1.274,330 121.900 22.500 582.500 726.900 $547.430 Type here to search O II Question 9 of 10 -/1 Total $6,345,000 3,909,870 336,300 4,246,170 2,098,830 For the Year Ended December 31, 2020 Audio Video Car Sales $3,084,000 $2,082,000 $1,179,000 Less variable costs: Cost of merchandise 1.788,720 1,519,860 601.290 Salary, part-time staff 185,040 104,100 47,160 Total variable costs 1.973.760 1,623,960 648,450 Contribution margin 1.110.240 458,040 530.550 Less direct fixed costs: Salary, full-time staff 334,800 253,100 236,600 Total $775,440 $204.940 $293.950 Less common fixed costs. Advertising Utilities Other administrative costs Total common fixed costs Profit 824,500 $1.274,330 121.900 22.500 582.500 726.900 $547.430 Type here to search II O e
