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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 $11,393 Fixed Costs $3,565
City Bagel operates a bagel store in Niagara Falls. The owner has provided the following budgeted data for next year. Revenue $11,393 Fixed Costs $3,565 Variable Costs (depends on the # of bagels sold) $7,961 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 7% increase in fixed costs. Revenue: No change - $ x Variable Costs: No change $ x Fixed Costs: Increase by $ x Contribution Margin: No change - x Budgeted Operating Profit Decrease by $ ii. A 15% increase in contribution margin, but holding revenue constant. Revenue: No change Variable Costs: Decrease by $ Fixed Costs: No change $ Contribution Margin: Increase by $ Budgeted Operating Profit: Increase by $ iii. A 20% increase in fixed costs and 13% increase in units sold. Revenue: Increase by $ X Variable Costs: Increase by $ Fixed Costs: Increase by $ Contribution Margin: Increase by > $ Budgeted Operating Profit: Decrease by - $
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