Question
Fast as Lightning is an oil change service drive-through that charges each customer$24.00 for an oil and lter change service. Fast as Lightning has found
Fast as Lightning is an oil change service drive-through that charges each customer$24.00 for an oil and lter change service. Fast as Lightning has found that it costs itsbusiness $16.00 per oil and lter change. Monthly xed costs are $44,000; current sales are8,000 services.a. Compute the breakeven sales in units.b.Compute Fast as Lightning's margin of safety in units and sales dollars.c.Compute Fast as Lightning's margin of safety as a percentage.d.Compute Fast as Lightning's operating leverage factor.e.Compute Fast as Lightning's % of operating income decline if sales fall by 18%
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