Please answer all requirements.
ACC319 Cost Accounting 2020 Fall Joseph Daly : 12/03/20 12:57 PM Save Homework: Chapter 3 Homework Score: 0 of 18 pts 4 of 5 (0 complete) HW Score: 0%, 0 of 100 pts P3-48 (similar to) A Question Help Metz Corporation manufactures housewares products that are sold through a network of external sales agents. The agents are paid a commission of 20% of revenues. Metz is considering replacing the sales agents with its own salespeople, who would be paid a commission of 10% of revenues and total salaries of $2,600,000 The income statement for the year ending December 31, 2017, under the two scenarios is shown here. 5 (Click the icon to view the income statements.) Read the requirements Requirement 1. Calculate Metz's 2017 contribution margin percentage, breakeven revenues, and degree of operating leverage under the two scenarios. Begin by calculating Metz's 2017 contribution margin percentage. Determine the formula, then enter the amounts to calculate the percentage. (Round the percentage to the nearest whole percent.) Contribution x = margin % Requirements = % Using Sales Agents Using Own Sales Force % 1. Calculate Metz's 2017 contribution margin percentage, breakeven revenues, and degree of operating leverage under the two scenarios. 2. Describe the advantages and disadvantages of each type of sales alternative. 3. In 2018, Metz uses its own salespeople, who demand a 15% commission. If all other cost behavior patterns are unchanged, how much revenue must the salespeople generate in order to earn the same operating income as in 2017? Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? ACC319 Cost Accounting 2020 Fall Joseph Daly : 12/03/20 12:57 PM Save Homework: Chapter 3 Homework Score: 0 of 18 pts 4 of 5 (0 complete) HW Score: 0%, 0 of 100 pts P3-48 (similar to) A Question Help Metz Corporation manufactures housewares products that are sold through a network of external sales agents. The agents are paid a commission of 20% of revenues. Metz is considering replacing the sales agents with its own salespeople, who would be paid a commission of 10% of revenues and total salaries of $2,600,000 The income statement for the year ending December 31, 2017, under the two scenarios is shown here. 5 (Click the icon to view the income statements.) Read the requirements Requirement 1. Calculate Metz's 2017 contribution margin percentage, breakeven revenues, and degree of operating leverage under the two scenarios. Begin by calculating Metz's 2017 contribution margin percentage. Determine the formula, then enter the amounts to calculate the percentage. (Round the percentage to the nearest whole percent.) Contribution x = margin % Requirements = % Using Sales Agents Using Own Sales Force % 1. Calculate Metz's 2017 contribution margin percentage, breakeven revenues, and degree of operating leverage under the two scenarios. 2. Describe the advantages and disadvantages of each type of sales alternative. 3. In 2018, Metz uses its own salespeople, who demand a 15% commission. If all other cost behavior patterns are unchanged, how much revenue must the salespeople generate in order to earn the same operating income as in 2017? Print Done Choose from any list or enter any number in the input fields and then click Check
