I need help with the last problem. The answer is not $173,875.
Exercise 3-10 CullumberTot sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Per Unit $55 Sales revenue Variable expenses Contribution margin Fived expenses Operating income Total $742,500 334,125 408,375 247,500 $ 160,875 24.75 $30.25 your answer is correct What is CullumberTot's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, 0.9 0.38 - 38%.) 55 Contribution margin ratio 45 Variable cost ratio LINK TO TEXT LINE TO VIDEO VIDEO. SIMILAR EXERCISE Your answer is correct. Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) 450000 Breakeven sales $ LINK TO TEXT LINK TO VIDEO VIDEO, SIMILAR EXERCISE Your answer is correct. What is Cullumber Tot's margin of safety? 292500 Margin of safety $ LINK TO TEXT LINK TO VIDEO VIDEO, SIMILAR EXERCISE your answer correct Ir Cullumber Tots sales were to increase by $200,000 with no change in fund expenses, by how much would testing income increase? (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Net Operating income will increase by 110000 LINK TO THE LINE TO VIDEO VIDEO: SEMILAR EXERCISE Your answer is incorrect. Try again culumberto's managers have determined that variable costs per unit will increase by 19% beginning next month. To offset this increase in coses, they are considering a 11% increase in the sales price. Market research indicates that the price noast will rest in a 2 decrease in the number of learning systems Culumber for well. What will be ulumberTot's expected operating income the price increment implemented? (Hound per unit calculations to decimal places eg. 52.75 and final answer to decimal places, .g. 5,275.) 173.875 Operating income $ UNKY TEXT LIETO VED VIDORILAR EXERCISE