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Part D? Sales 37500 12.5 Variable expenses Cost of goods sold 15000 5 Wages 4500 1.5 Shipping 1650 55 Advertising 1200 40 Total variable expenses
Part D?
Sales 37500 12.5 Variable expenses Cost of goods sold 15000 5 Wages 4500 1.5 Shipping 1650 55 Advertising 1200 40 Total variable expenses 22350 7.45 Contribution margin 15150 $ 5.05 Fixed expenses Rent 1500 Wages 500 Utilities 750 Advertising 200 Insurance 585 Total fixed expenses 3535 Operating income $ 11615 (c) Your answer is correct. Blake plans to sell 1,500 stuffed mascots next month. How much operating income can Blake expect to earn next month if if he realizes his planned sales? (Round per unit to 2 decimal places and final answer to 0 decimal places, e.g. 5,275.) Operating income $ 4040 e Textbook and Media Attempts: unlimited Attempts: unlimited (d) Blake wasn't happy with the projected income statement you showed him for a sales level of 1,500 stuffed mascots. He wants to know how many stuffed mascots he will need to sell to earn $5,555 in operating income. (Round per unit to 2 decimal places and final answer to 0 decimal places, e.g. 5,275.) mascots As a safety net, he also wants to know how many stuffed mascots he will need to sell to break even. (Round per unit to 2 decimal places and final answer to 0 decimal places, e.g. 5,275.) mascots e Textbook and Media Save for Later Attempts: unlimited SubmitStep by Step Solution
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