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Only need help figuring out part 4A and 4B. I have solved 1-3. thanks. Dana's Ribbon World makes award rosettes. Following is information about the
Only need help figuring out part 4A and 4B. I have solved 1-3. thanks.
Dana's Ribbon World makes award rosettes. Following is information about the company Variable cost per rosette Sales price per rosette Total fixed costs per month $ 2.00 4.00 3000.00 Required: 1. Suppose Dana's would like to generate a profit of $960. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 1,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1900 rosettes. 4a. Using the degree of operating leverage calculate the change in Dana's profit if unit sales drop to 1,520 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Reg 4A Req 48 Suppose Dana's would like to generate a profit of $960. Determine how many rosettes it must sell to achieve this target profit. (Round your intermediate calculations to 2 decimal places and round your final answer up to nearest whole number.) Target Units 1,980 Regi Req2 > Variable cost per rosette Sales price per rosette Total fixed costs per month $ 2.00 4.00 3000.00 Required: 1. Suppose Dana's would like to generate a profit of $960. Determine how many rosettes it must sell to achieve this target profit 2. If Dana's sells 1,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1,900 rosettes, 4a. Using the degree of operating leverage, calculate the change in Dana's profit if unit seles drop to 1,520 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Red 3 Reg 4A Reg 4B If Dana's sells 1,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of soles. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number. Round your Margin of Safety percentage to two decimal places (ie. 0.1234 should be entered as 12.34%.) Margin of Safety (Units) Margin of Safety in Dollars Percentage of Sales $ 400 Rosettes 1,600 21,05% Variable cost per rosette Sales price per rotetto Total fixed costs per month 2.00 4.00 3000.00 Required: 1. Suppose Dana's would like to generate a profit of $960. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 1,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of soles. 3. Calculate Dana's degree of operating leverage if it sells 1,900 rosettes. 4a. Using the degree of operating leverage calculate the change in Dana's profit if unit sales drop to 1520 units 4b. Prepare a new contribution margin income statement to verify change in dana's profit Complete this question by entering your answers in the tabs below. Req! Reg 2 Reg 3 Reg 4A Reg 48 Calculate Dana's degree of operating leverage if it sells 1,900 rosettes. (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places) Degree of Operating Leverage 4.7500 Variable cost per rosette Sales price per rosetto Total Lixed costs per month $ 2.00 4.00 3000.00 Required: 1. Suppose Dana's would like to generate a profit of $960. Determine how many rosettes it must sell to achieve this target profit 2. If Dana's sells 1,900 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 1,900 rosettes. 4a. Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1,520 units, 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Reg 4A Req 4B Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1,520 units. (Round your intermediate calculations to decimal places and final answer to 2 decimal places. (.e. 1234 should be entered as 12.34%}} Elect on Pro % 3. Calculate vana s degree or operaung leverage if it seils 1,900 roseries. 4a. Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1,520 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Reg 4A Reg 4B Prepare a new contribution margin Income statement to verify change in dana's profit. (Round your answers to nearest whole number.) Contribution Margin Income Statement For 1,520 Ronettes Contribution Margin Income from Operations Step by Step Solution
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