CHAPTERLUST VOOR Take me to the text Laura Lopez sells spa gift certificates for $60 each. She purchases each gift certificate for $30 and spends $5,000 for foxed costs Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number a) Calculate operating profit if Laura sells 200 gift certificates Operating Profit: $ 7000 b) Calculate the revenues needed to obtain an operating profit of $4,000 Required Revenue: $ Check Note: The "check' button does not submit your attempt. To submit the attempt, go to the end of the quiz and click on the 'submit all and finish' button Next page acer o A * # 3 $ 4 % 5 & 7 ( 9 6 6 8 2 u i t y e W gage English The Crazy Hair Salon provides special occasion haircuts and generates average revenue of $50 per customer. The salonis fixed costs are $40,000 per year, which include rent, utilities and magazine subscriptions. Its variable costs are $20 per customer Target operating profit for the year is $80,000 Do not enter dollar signs or commas in the input boxes. a) Calculate the revenues needed to obtain the target operating profit Round the Contribution Margin ratio to 2 decimal places. Round all other answers to the nearest whole number CM ratio: Required CMS Revenue: $ b) How many haircuts have to be provided to earn an operating profit of $80,000? To break-even? Round up to the nearest whole unit BEP Haircuts to yield $80,000 c) Calculate the operating profit if 6,000 haircuts are provided Round to the nearest whole number Operating Profits acer A % # 3 $ 4 & 7 9 8 6 2 i u 0 3 e