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Chloe Flack 04/12/23 9:29 PM This test: 150 point(s) possible This question: 25 point(s) possible Submit test K The contribution margin income statement of Unique
Chloe Flack 04/12/23 9:29 PM This test: 150 point(s) possible This question: 25 point(s) possible Submit test K The contribution margin income statement of Unique Donuts for August 2024 follows: EEE (Click the icon to view the contribution margin income statement.) Unique sells two dozen plain donuts for every dozen custard-filled donuts. A dozen plain donut sells for $3.00, with total variable cost of $1,35 per dozen. A dozen custard-filled donuts sells for $6.00, with total variable cost of $2.70 per dozen. Read the requirements. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. (Enter a "0" for any zero balances.) Unique Donuts Contribution Margin Income Statement Plain Filled Total Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Requirement 3. Compute Unique's margin of safety in dollars for August 2024. (The contribution margin income statement provided should be used to determine any expected results.) = Margin of safety in dollars Requirement 4. Compute the degree of operating leverage for Unique Donuts. Estimate the new operating income if total sales increase by 40%. (Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix remains unchanged.) Begin by computing the degree of operating leverage for Unique Donuts. (Round the degree of operating leverage to four decimal places, X.XXXX.) Degree of operating leverage Estimate the new operating income if total sales increase by 40%. (Round interim calculations to four decimal places and vour final answer to the nearest dollar. Assume the sales mix remains unchanged.) Time Remaining: 02:12:16 Next 36,295 15 APE 4 Aa 12 O MacBook Air F12 44 30 F7 TO /o O O @ # W 5 6 2 P MM R T Y U O W E F G H J K S D B N M Z X C V 96 command commandThis question: 25 point(s) possible Submit test K The contribution margin income statement of Unique Donuts for August 2024 follows; ELE(Click the icon to view the contribution margin income statement.) Unique sells two dozen plain donuts for every dozen custard-filled donuts, A dozen plain donu sells for $3.00, with total variable cost of $1.35 per dozen, A dozen custard-filled donuts sells $6.00, with total variable cost of $2.70 per dozen. Read the requirements. Requirement 4. Compute the degree of operating leverage for Unique Donuts. Estimate the new operating income if total sales increase by 40%. (Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix remains unchanged.) Begin by computing the degree of operating leverage for Unique Donuts. (Round the degree of operating leverage to four decimal places, X.XXXX.) Degree of operating leverage Estimate the new operating income if total sales increase by 40%. (Round interim calculations to four decimal places and your final answer to the nearest dollar. Assume the sales mix remains unchanged.) The estimated operating income will be Requirement 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 40% increase in total sales. (The sales mix remains unchanged.) Unique Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Time Remaining: 02:11:51 Next 422 36,295 15 APP. 4 Aa 12 MacBook Air Dil 30 E7 @ # EA T 5 6 2 W P Y U O W E R T K F G H J S D B N M X C V Z command commandincome statement of Unique Donuts for August 2024 follows: Unique sells two dozen plain ew the contribution margin income statement.) sells for $3.00, with total varia $6.00, with total variable cost Read the requirements. Requirements Cancel mpute the 1. Calculate the weighted-average contribution margin. se by 40%. to the neal 2. Determine Unique's monthly breakeven point in dozens of plain donuts the degree and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show es, X.XXXX.) only two categories of costs: variable and fixed. 3. Compute Unique's margin of safety in dollars for August 2024. 4. Compute the degree of operating leverage for Unique Donuts. Estimate the new operating income if total sales increase by 40%. (Round the degree of operating inc swer to the nea operating leverage to four decimal places and the final answer to the nearest perating incon dollar. Assume the sales mix remains unchanged.) 5. Prove your answer to Requirement 4 by preparing a contribution margin Prove your ar income statement with a 40% increase in total sales. (The sales mix I sales. (The sa remains unchanged.) Unique Donu on Margin Inco h Ended Augus Print Done venue Margin come 36,295 15 APR 4 "tv 12
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