I am just looking for help to answer questions 2-5. Question 1-2 I have a little bit of sense as to what I need to do, but the rest I'm not so sure.
AutoSave On . On Line Class Audio for Sept 25 ^0 27 - Saved Hamna Siddiqui HS File Home Insert Draw Design Transitions Animations Slide Show Review View Help 9 Search Share Comments Audio to Accompany Assignment, In Lieu of Sept. 25 & 27 Here is the Opening Part of the Assignment Here is the Opening Part of the Assignment Edmonton Sports manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies Question 1 & 2 of the Assignment heavily on direct labour workers. Thus, variable expenses are high, totaling $15 per ball, of which 60% is direct labour cost. Last year, the company sold 30,000 of these balls, with the following results: Question 13 & 4 Sales (30,000 balls) $ 750,000 Variable expenses 450,000 Contribution margin 300,000 5 Fixed expenses 210,000 Question 15 & 16 Net operating income $ 90,000 6 Handing In Your Assignment Answers Y Click to add notes Slide 2 of 6 X English (Canada) Notes 19 + 75% O Type here to search P w X ENG 1:24 PM 2019-09-27AutoSave On . On Line Class Audio for Sept 25 ^0 27 - Saved Hamna Siddiqui HS File Home Insert Draw Design Transitions Animations Slide Show Review View Help 9 Search Share Comments Audio to Accompany Assignment, In Lieu of Sept. 25 & 27 Question 1 & 2 of the Assignment Here is the Opening Part of the Assignment Question 1 & 2 of the Assignment 1. Compute last year's CM ratio and the break-even point in balls. 2. Due to an increase in labour rates cost, the company estimates that next year's variable expenses will increase by $3 per ball. If this Question 13 & 4 change takes place and the selling price per ball remains constant at $25, what will be next year's CM ratio and the break-even point in balls? 5 Question 15 & 16 6 Handing In Your Assignment Answers Y Click to add notes Slide 3 of 6 X English (Canada) Notes 19 + 75% O Type here to search P w X ENG 1:24 PM 2019-09-27AutoSave- E On Line Class Audiofor Sept 25 A0 27 , Saved v Hamna Siddiqui :. } a File Home Insen Draw Design Transitions Animations Slide Show Review View Help ,0 Search L6 Share 5 Comments A A 1 Aulammampany Awgnmemin ueucfievl m7 Question #3 & 4 3. Refer to the data in previous question #2. If the expected change in variable expenses takes place, how many balls will have to be sold next year to earn the same net operating income, $90,000, as last year? 4. Refer again to the previous question #2 . The president feels that the company must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year what selling price per ball must it charge next year to cover the increased labour costs? Click to add notes v Slide4m'6 I]; Englisthanada) 0 Type here to searcw AutoSave- E On Line Class Audiofor Sept 25 A0 27 , Saved v Hamna giddiqui .3 A}: a _ >
