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City Bagel operates a bagel store in Niagara Falls. The owner has provided the following budgeted data for next year. Revenue $11,921 Fixed Costs $3,240

City Bagel operates a bagel store in Niagara Falls. The owner has provided the following budgeted data for next year.

Revenue $11,921
Fixed Costs $3,240
Variable Costs (depends on the # of bagels sold) $7,394

For each of the following scenarios, determine the dollar impact on City Bagel. Consider each scenario independently. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter all values as positive values. Do not use the negative sign. i. A 3% increase in fixed costs.

Revenue: AnswerDecrease byIncrease byNo change $Answer
Variable Costs: AnswerDecrease byIncrease byNo change $Answer
Fixed Costs: AnswerDecrease byIncrease byNo change $Answer
Contribution Margin: AnswerDecrease byIncrease byNo change $Answer
Budgeted Operating Profit: AnswerDecrease byIncrease byNo change $Answer

ii. A 8% increase in contribution margin, but holding revenue constant.

Revenue: AnswerDecrease byIncrease byNo change $Answer
Variable Costs: AnswerDecrease byIncrease byNo change $Answer
Fixed Costs: AnswerDecrease byIncrease byNo change $Answer
Contribution Margin: AnswerDecrease byIncrease byNo change $Answer
Budgeted Operating Profit: AnswerDecrease byIncrease byNo change $Answer

iii. A 16% increase in fixed costs and 11% increase in units sold.

Revenue: AnswerDecrease byIncrease byNo change $Answer
Variable Costs: AnswerDecrease byIncrease byNo change $Answer
Fixed Costs: AnswerDecrease byIncrease byNo change $Answer
Contribution Margin: AnswerDecrease byIncrease byNo change $Answer
Budgeted Operating Profit: AnswerDecrease byIncrease byNo change $Answer

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