Question
Oh My Bagel operates four bagel stores in New York. The owner has provided the following budgeted data for next year. Revenue $11,313,000 Fixed Costs
Oh My Bagel operates four bagel stores in New York. The owner has provided the following budgeted data for next year. Revenue $11,313,000 Fixed Costs $3,069,000 Variable Costs (depends on the # of bagels sold) $7,479,000 For each of the following scenarios, determine the dollar impact on Oh My Bagel. Consider each scenario independently. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter all values as positive values. Do not use the negative sign. i. A 7% increase in fixed costs. Revenue: Answer $Answer Variable Costs: Answer $Answer Fixed Costs: Answer $Answer Contribution Margin: Answer $Answer Budgeted Operating Income: Answer $Answer ii. A 15% increase in contribution margin, but holding revenue constant. Revenue: Answer $Answer Variable Costs: Answer $Answer Fixed Costs: Answer $Answer Contribution Margin: Answer $Answer Budgeted Operating Income: Answer $Answer iii. A 20% increase in fixed costs and 12% increase in units sold. Revenue: Answer $Answer Variable Costs: Answer $Answer Fixed Costs: Answer $Answer Contribution Margin: Answer $Answer Budgeted Operating Income: Answer $Answer
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