Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

oudio Blackboard stion 24 12 points Save Answer and provide a contribution margin ratio of 20 per service outlet) auto-maintenance service outiets nationwide. It provides

image text in transcribed

oudio Blackboard stion 24 12 points Save Answer and provide a contribution margin ratio of 20 per service outlet) auto-maintenance service outiets nationwide. It provides primarily two lines of service oil changes and brake repair Oil change-related services represent 70% of The compa s i e dost e szamo mat 5 %. Brake repair represents 30% of its sales and provides a 60 contribution margin rato what is the Weighted Average Contribution Margin? (Complete the chart). Do NOT use % or S signs in the a nswers. Round to 2 decimal places when necessary. Sales Mix Percentage Contribution Margin Ratio Weighted Average Contribution Margin Ratio Oil Change Brade Repair Weighted Average CM Ratio What is the total breakeven sales in dollars? What is the amount of each type of service that the company must provide in order to break even? (Compiete the chart) Sales Mix Percentage Total Break Even Sales in Dollars Sales Dollars Needed per Product Oil Change Brake Repair Total Sales The company has a desired net income of $40,000 per service outlet What is the amount of sales needed to achieve target net income? What is the amount of Sales Dollars Needed per product, per store? (Complete the chart) Total Sales Needed Sales Dollars Needed Per Product Per Store Sales Mix Percentage Oil Changes Brake Repair Total Sales

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Home Energy Audit Your Guide To Understanding And Reducing Your Home Energy Costs

Authors: Richard Montgomery

1st Edition

0471864668, 978-0471864660

More Books

Students also viewed these Accounting questions

Question

6. Explain how you would conduct a job analysis.

Answered: 1 week ago

Question

Effective Delivery Effective

Answered: 1 week ago