Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year: Variable Cost per Unit Product 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Unit Sales 9,000 16,500 6,000 19,500 4,500 27,000 3,000 7,500 9,000 15,000 10,500 1,500 3,000 6,000 12,000 150,000 Selling Price per Unit $ 29 $ 99 $ 85 $109 $ 19 $119 $ 39 $ 79 $ 69 $ 95 $ 59 $ 65 $ 44 $ 49 $ 89 $12.95 $ 68.55 $ 42.50 $85.00 $ 6.35 $ 92.00 $ 14.30 $33.18 $ 30.36 $77.60 $ 25.40 $29.00 $12.40 $13.48 $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 Reg 1B Req ic Req 10 Req 1E Req 1F How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? 1a-1. Product 1's unit sales (cell B2) Total unit sales (cell Q2) O Product 1's unit sales (cell B2) + Total unit sales (cell Q2) O Product 1's unit sales (cell B2) * Total unit sales (cell Q2) O Product 1's unit sales (cell B2) Total unit sales (cell Q2) 1a-2. Why do vou think specifving the sales mix percentages for all products is important? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1c Req 10 Reg 1E Req 1F How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? 1a-1. O Product 1's unit sales (cell B2) Total unit sales (cell Q2) O Product 1's unit sales (cell B2) + Total unit sales (cell Q2) O Product 1's unit sales (cell B2) * Total unit sales (cell Q2) Product 1's unit sales (cell B2) - Total unit sales (cell Q2) 1a-2. Why do you think specifying the sales mix percentages for all products is important? They are held constant when performing break-even and target profit calculations. They are allowed to vary when performing break-even and target profit calculations. How are the amounts in cells B7, B8, and B9 calculated? 1b-1. How is the amount in cell B7 calculated? Ounit sales (cell B2) Selling price (cell B4) OUnit sales (cell B2) + Selling price (cell B4) Unit sales (cell B2) * Selling price (cell B4) OUnit sales (cell B2) + Selling price (cell B4) 1b-2. How is the amount in cell B8 calculated? Ounit sales (cell B2) Variable expenses (cell B5) OUnit sales (cell B2) + Variable expenses (cell B5) Ounit sales (cell B2) * Variable expenses (cell B5) Unit sales (cell B2) - Variable expenses (cell B5) 1b-3. How is the amount in cell B9 calculated? Sales (cell B7) Variable expenses (cell B8) Sales (cell B7) + Variable expenses (cell B8) O Sales (cell B7) * Variable expenses (cell B8) Sales (cell B7) - Variable expenses (cell B8) How are the amounts in cells Q7, Q8, and Q9 calculated? 10-1. How is the amount in cell Q7 calculated? Sum of cells B7 through P7 Sum of cells B8 through P8 Sum of cells B9 through P9 1c-2. How is the amount in cell Q8 calculated? Sum of cells B7 through P7 Sum of cells B8 through P8 Sum of cells B9 through P9 1c-3. How is the amount in cell Q9 calculated? Sum of cells B7 through P7 Sum of cells B8 through P8 Sum of cells B9 through P9 How is the amount in cell Q11 calculated? O Total contribution margin (cell Q9) Fixed expenses (cell Q10) Total contribution margin (cell Q9) + Fixed expenses (cell Q10) Total contribution margin (cell Q9) Fixed expenses (cell Q10) OTotal contribution margin (cell Q9) - Fixed expenses (cell Q10) 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) Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year: Variable Cost per Unit Product 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Unit Sales 9,000 16,500 6,000 19,500 4,500 27,000 3,000 7,500 9,000 15,000 10,500 1,500 3,000 6,000 12,000 150,000 Selling Price per Unit $ 29 $ 99 $ 85 $109 $ 19 $119 $ 39 $ 79 $ 69 $ 95 $ 59 $ 65 $ 44 $ 49 $ 89 $12.95 $ 68.55 $ 42.50 $85.00 $ 6.35 $ 92.00 $ 14.30 $33.18 $ 30.36 $77.60 $ 25.40 $29.00 $12.40 $13.48 $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 Reg 1B Req ic Req 10 Req 1E Req 1F How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? 1a-1. Product 1's unit sales (cell B2) Total unit sales (cell Q2) O Product 1's unit sales (cell B2) + Total unit sales (cell Q2) O Product 1's unit sales (cell B2) * Total unit sales (cell Q2) O Product 1's unit sales (cell B2) Total unit sales (cell Q2) 1a-2. Why do vou think specifving the sales mix percentages for all products is important? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1c Req 10 Reg 1E Req 1F How is the percentage in cell B3 calculated? Why do you think specifying the sales mix percentages for all products is important? 1a-1. O Product 1's unit sales (cell B2) Total unit sales (cell Q2) O Product 1's unit sales (cell B2) + Total unit sales (cell Q2) O Product 1's unit sales (cell B2) * Total unit sales (cell Q2) Product 1's unit sales (cell B2) - Total unit sales (cell Q2) 1a-2. Why do you think specifying the sales mix percentages for all products is important? They are held constant when performing break-even and target profit calculations. They are allowed to vary when performing break-even and target profit calculations. How are the amounts in cells B7, B8, and B9 calculated? 1b-1. How is the amount in cell B7 calculated? Ounit sales (cell B2) Selling price (cell B4) OUnit sales (cell B2) + Selling price (cell B4) Unit sales (cell B2) * Selling price (cell B4) OUnit sales (cell B2) + Selling price (cell B4) 1b-2. How is the amount in cell B8 calculated? Ounit sales (cell B2) Variable expenses (cell B5) OUnit sales (cell B2) + Variable expenses (cell B5) Ounit sales (cell B2) * Variable expenses (cell B5) Unit sales (cell B2) - Variable expenses (cell B5) 1b-3. How is the amount in cell B9 calculated? Sales (cell B7) Variable expenses (cell B8) Sales (cell B7) + Variable expenses (cell B8) O Sales (cell B7) * Variable expenses (cell B8) Sales (cell B7) - Variable expenses (cell B8) How are the amounts in cells Q7, Q8, and Q9 calculated? 10-1. How is the amount in cell Q7 calculated? Sum of cells B7 through P7 Sum of cells B8 through P8 Sum of cells B9 through P9 1c-2. How is the amount in cell Q8 calculated? Sum of cells B7 through P7 Sum of cells B8 through P8 Sum of cells B9 through P9 1c-3. How is the amount in cell Q9 calculated? Sum of cells B7 through P7 Sum of cells B8 through P8 Sum of cells B9 through P9 How is the amount in cell Q11 calculated? O Total contribution margin (cell Q9) Fixed expenses (cell Q10) Total contribution margin (cell Q9) + Fixed expenses (cell Q10) Total contribution margin (cell Q9) Fixed expenses (cell Q10) OTotal contribution margin (cell Q9) - Fixed expenses (cell Q10) 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)
