Home C ezto.mheducation.com/ext/m ap/index.html?_con=con&external_brows returnUrls25309%25252Fwebapps925252FBb-McGrawHill-BB595a83118bflex25252Fapp25252Funiversal dBanRbZXIXOm9_uh-4_RS4i_m2tJWXbEB-03Fc6165CDejkolhtmUAkLCheD2LBXYxnJIRfX6g921/6obwm4M Project Two (Parts 1, 2, 3 & 5) i Saved Help Save & Exit Submit 3 Problem 9-37 (Algo) CVP Analysis; Strategy [LO 9-1, 9-2, 9-3] Bubba's Western Wear is a western hat retailer in Lubbock, Texas. Although Bubba's carries numerous styles of western hats, each hat has approximately the same price and invoice (purchase) cost, as shown in the following table. Sales personnel 18 to encourage them to be more aggressive in their sales efforts. Currently, the Lubbock economy is really humming, and sales growth points at Bubba's has been great. The business is very competitive, however, and Bubba, the owner, has relied on his knowledgeable and courteous staff to attract and retain customers who otherwise might go to other western wear stores. Because of the rapid growth in Skipped sales, Bubba is also finding the management of certain aspects of the business more difficult, such as restocking inventory and hiring and training new salespeople. Sales price $ 80.00 Per unit v . BOOK Purchase cost Sales commissions 31.50 23.50 Total per unit variable costs $ 55.00 eferences Total annual fixed expenses Advertising Rent 217 , 508 Salaries 328: 080 Total fixed expenses $ 753, 500 Required: . Calculate the annual breakeven point, both in terms of units and in terms of sales dollars. 2. If Bubba's sells 31,000 hats, what is its before-tax income or loss? Support your answer by preparing a contribution income statement. 3. If Bubba's sells 44,000 hats, what is its margin of safety (MOS) in dollars and MOS ratio? 4. Bubba is considering the elimination of sales commissions completely and increasing salaries by $265,000 annually. What would be the new breakeven point in units? W t would be the before-tax income or loss if 31,000 hats are sold with the new salary plan? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the annual breakeven point, both in terms of units and in terms of sales dollars. (Do not round intermediate calculations.) Breakeven Point In units In sales dollars Feb 25 8:40 9 0Home C ezto.mheducation.com/ext/m ap/index.html?_con=con&external_brows returnUrls25309%25252Fwebapps925252FBb-McGrawHill-BB595a83118bflex25252Fapp25252Funiversal dBanRbZXIXOm9_uh-4_RS4i_m2tJWXbEB-03Fc6165CDejkolhtmUAkLCheD2LBXYxnJIRfX6g921/6obwm4M Project Two (Parts 1, 2, 3 & 5) i Saved Help Save & Exit Submit 3 Problem 9-37 (Algo) CVP Analysis; Strategy [LO 9-1, 9-2, 9-3] Bubba's Western Wear is a western hat retailer in Lubbock, Texas. Although Bubba's carries numerous styles of western hats, each hat has approximately the same price and invoice (purchase) cost, as shown in the following table. Sales personnel 18 to encourage them to be more aggressive in their sales efforts. Currently, the Lubbock economy is really humming, and sales growth points at Bubba's has been great. The business is very competitive, however, and Bubba, the owner, has relied on his knowledgeable and courteous staff to attract and retain customers who otherwise might go to other western wear stores. Because of the rapid growth in Skipped sales, Bubba is also finding the management of certain aspects of the business more difficult, such as restocking inventory and hiring and training new salespeople. Sales price $ 80.00 Per unit v . BOOK Purchase cost Sales commissions 31.50 23.50 Total per unit variable costs $ 55.00 eferences Total annual fixed expenses Advertising Rent 217 , 508 Salaries 328: 080 Total fixed expenses $ 753, 500 Required: . Calculate the annual breakeven point, both in terms of units and in terms of sales dollars. 2. If Bubba's sells 31,000 hats, what is its before-tax income or loss? Support your answer by preparing a contribution income statement. 3. If Bubba's sells 44,000 hats, what is its margin of safety (MOS) in dollars and MOS ratio? 4. Bubba is considering the elimination of sales commissions completely and increasing salaries by $265,000 annually. What would be the new breakeven point in units? W t would be the before-tax income or loss if 31,000 hats are sold with the new salary plan? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Bubba's sells 31,000 hats, what is its before-tax income or loss? Support your answer by preparing a contribution income statement. Before-tax income or loss Contribution Income Statement Feb 25 8:40 9 0Home C ezto.mheducation.com/ext/m ap/index.html?_con=con&external_brows returnUrls25309%25252Fwebapps925252FBb-McGrawHill-BB595a83118bflex25252Fapp25252Funiversal dBanRbZXIXOm9_uh-4_RS4i_m2tJWXbEB-03Fc6165CDejkolhtmUAkLCheD2LBXYxnJIRfX6g921/6obwm4M Project Two (Parts 1, 2, 3 & 5) i Saved Help Save & Exit Submit 3 Problem 9-37 (Algo) CVP Analysis; Strategy [LO 9-1, 9-2, 9-3] Bubba's Western Wear is a western hat retailer in Lubbock, Texas. Although Bubba's carries numerous styles of western hats, each hat has approximately the same price and invoice (purchase) cost, as shown in the following table. Sales personnel 18 to encourage them to be more aggressive in their sales efforts. Currently, the Lubbock economy is really humming, and sales growth points at Bubba's has been great. The business is very competitive, however, and Bubba, the owner, has relied on his knowledgeable and courteous staff to attract and retain customers who otherwise might go to other western wear stores. Because of the rapid growth in Skipped sales, Bubba is also finding the management of certain aspects of the business more difficult, such as restocking inventory and hiring and training new salespeople. Sales price $ 80.00 Per unit v . BOOK Purchase cost Sales commissions 31.50 23.50 Total per unit variable costs $ 55.00 eferences Total annual fixed expenses Advertising Rent 217 , 508 Salaries 328: 080 Total fixed expenses $ 753, 500 Required: . Calculate the annual breakeven point, both in terms of units and in terms of sales dollars. 2. If Bubba's sells 31,000 hats, what is its before-tax income or loss? Support your answer by preparing a contribution income statement. 3. If Bubba's sells 44,000 hats, what is its margin of safety (MOS) in dollars and MOS ratio? 4. Bubba is considering the elimination of sales commissions completely and increasing salaries by $265,000 annually. What would be the new breakeven point in units? W t would be the before-tax income or loss if 31,000 hats are sold with the new salary plan? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Bubba's sells 44,000 hats, what is its margin of safety (MOS) in dollars and MOS ratio? (Round "MOS ratio" answer to 1 decimal place.) Margin of safety (MOS) in dollars MOS ratio % Feb 25 8:40 9 9 0Home C ezto.mheducation.com/ext/m ap/index.html?_con=con&external_brows returnUrls25309%25252Fwebapps925252FBb-McGrawHill-BB595a83118bflex25252Fapp25252Funiversal dBanRbZXIXOm9_uh-4_RS4i_m2tJWXbEB-03Fc6165CDejkolhtmUAkLCheD2LBXYxnJIRfX6g921/6obwm4M Project Two (Parts 1, 2, 3 & 5) i Saved Help Save & Exit Submit 3 Problem 9-37 (Algo) CVP Analysis; Strategy [LO 9-1, 9-2, 9-3] Bubba's Western Wear is a western hat retailer in Lubbock, Texas. Although Bubba's carries numerous styles of western hats, each hat has approximately the same price and invoice (purchase) cost, as shown in the following table. Sales personnel 18 to encourage them to be more aggressive in their sales efforts. Currently, the Lubbock economy is really humming, and sales growth points at Bubba's has been great. The business is very competitive, however, and Bubba, the owner, has relied on his knowledgeable and courteous staff to attract and retain customers who otherwise might go to other western wear stores. Because of the rapid growth in Skipped sales, Bubba is also finding the management of certain aspects of the business more difficult, such as restocking inventory and hiring and training new salespeople. Sales price $ 80.00 Per unit v . BOOK Purchase cost Sales commissions 31.50 23.50 Total per unit variable costs $ 55.00 eferences Total annual fixed expenses Advertising Rent 217 , 508 Salaries 328: 080 Total fixed expenses $ 753, 500 Required: . Calculate the annual breakeven point, both in terms of units and in terms of sales dollars. 2. If Bubba's sells 31,000 hats, what is its before-tax income or loss? Support your answer by preparing a contribution income statement. 3. If Bubba's sells 44,000 hats, what is its margin of safety (MOS) in dollars and MOS ratio 4. Bubba is considering the elimination of sales commissions completely and increasing salaries by $265,000 annually. What would be the new breakeven point in units? W t would be the before-tax income or loss if 31,000 hats are sold with the new salary plan? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Bubba is considering the elimination of sales commissions completely and increasing salaries by $265,000 annually. What would be the new breakeven point mister ca salary plan? (Do not round intermediate calculations.) in units? What would be the before-tax income or loss if 31,000 hats are sold with the new New breakeven point in units Before-tax income or loss Feb 25 8:40 9 0