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Compute the selling price per 2.6 gallon fish tank that would have to be charged in order On the sheet tab labeled SOLUTION 3, use
Compute the selling price per 2.6 gallon fish tank that would have to be charged in order On the sheet tab labeled SOLUTION 3, use the DATA FOR SOLUTION 3 on the sheet tab labeled DATA to to maintain the same contribution margin ratio as last year G Compute the new contribution margin ration Compute the new break-even in number of 2.6 gallon fish tanks ) Compute the number of 2.6 gallon fish tanks that will have to be sold next year to maintain the current operating income H On the sheet tab labeled SOLUTION 4, use the DATA FOR SOLUTION 3 and DATA FOR SOLUTION 4 on the sheet tab labe K Assume the company sells the same number (40,000) of 2.0 galtlon fish tanks as last year and prepare a contribution format income statement I Compute the degree of operating leverage M Explain whether or not you would be in favor of building the new plant
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