Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i need requirment 2 3 4 5 The contribution margin income statement of Unique Donuts for August 2 0 1 6 follows: ( Click the
i need requirment
The contribution margin income statement of Unique Donuts for August follows:
Click the icon to view the contribution margin income statement. $ with total variable cost of $ per dozen.
Read the equirements.
Requirement Calculate the weightedaverage contribution margin. Round all currency amounts to the nearest cent.
tablePlain,Filled,TotalSales price per unit,$$Variable cost per unit,,Contribution margin per unit,,Sales mix in units,,Contribution margin,$$$Weightedaverage contribution margin per unit,,,,,$
at the breakeven level of sales. Show only two categories of costs: variable and fixed.
table Required sales in units
Data table
tabletableUnique DonutsContribution Margin Income StatementMonth Ended August Sales Revenue,,$Variable Costs:Cost of Goods Sold,$Selling Costs,,Administrative Costs,,Contribution Margin,,,Fixed Costs:Selling Costs,,Administrative Costs,,Operating Income,,$
Requirements
Calculate the weightedaverage contribution margin.
Determine Unique's monthly breakeven point in dozens of plain donuts and custardfilled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed.
Compute Unique's margin of safety in dollars for August
Compute the degree of operating leverage for Unique Donuts. Estimate the new operating income if total sales increase by Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix remains unchanged.
Prove your answer to Requirement by preparing a contribution margin income statement with a increase in total sales. The sales mix remains unchanged.
or any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weightedavg. CM
Required sales in units
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started