Question
Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year: Selling
Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year: Selling Price Variable Cost Product 12345678 Unit Sales 9,000 16,500 per Unit per Unit $ 29 $12.95 $ 99 $68.55 6,000 $ 85 $42.50 19,500 $109 $85.00 4,500 $ 19 $ 6.35 27,000 $119 $92.00 3,000 $39 $14.30 7,500 $ 79 $33.18 9 9,000 $ 69 $30.36 10 15,000 $ 95 $77.60 11 10,500 $ 59 $25.40 15 ] 12 1,500 $ 65 $29.00 13 3,000 $ 44 $12.40 14 6,000 $ 49 $13.48 12,000 150,000 $ 89 $61.83 Last year, Lyndia's total fixed expenses and net operating income were $3,000,000 and $1,223,070, respectively. The company would like your assistance in developing some financial projections for this year. Required: 1. To confirm your understanding of the spreadsheet's design, answer the following questions with respect to last year: a. How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? b. How are the amounts in cells B7, B8, and B9 calculated? c. How are the amounts in cells Q7, Q8, and Q9 calculated? d. How is the amount in cell Q11 calculated? e. How are the percentages in cells R8 and R9 calculated? f. How is the amount in cell S9 calculated? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 1D Req 1E Req 1F How is the amount in cell S9 calculated? Total contribution margin (cell Q9) - Total unit sales (cell Q2) Total contribution margin (cell Q9) + Total unit sales (cell Q2) Total contribution margin (cell Q9) Total unit sales (cell Q2) Total contribution margin (cell Q9) Total unit sales (cell Q2)
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