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please answer the following questions completely. i give thumbs ups(: Current operating income for Bay Area Cycles Company is $34,000. Selling price per unit is
please answer the following questions completely. i give thumbs ups(:
Current operating income for Bay Area Cycles Company is $34,000. Selling price per unit is $100, the contribution margin ratio is 2 and fixed expense is $136,000. Required: 1. Calculate Bay Area Cycle's per unit variable expense and contribution margin. How many units are currently being sold? 2. How many additional unit sales would be necessary to achieve operating income of $85,000 ? Q Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate Bay Area Cycle's per unit variable expense and contribution margin. How many units are currently being sold? Current operating income for Bay Area Cycles Company is $34,000. Selling price per unit is $100, the contribution margin ratio is and fixed expense is $136,000. Required: 1. Calculate Bay Area Cycle's per unit variable expense and contribution margin. How many units are currently being sold? 2. How many additional unit sales would be necessary to achieve operating income of $85,000 ? * Answer is not complete. Complete this question by entering your answers in the tabs below. How many additional unit sales would be necessary to achleve operating income of $85,000 ? Current operating income for Bay Area Cycles Company is $50,000. Selling price per unit is $100, the contribution margin ratio is 25%, and fixed expense is $200,000. Required: 1. Calculate Bay Area Cycle's breakeven point in units and total sales dollars. 2. Calculate Bay Area Cycle's margin of safety and margin of safety ratio. Note : Round your percentage answer to nearest whole percent. Exercise 1218 (Algo) Special promotion-effects of a 1-cent sale LO 12-8, 12-9 The management of Rocko's Pizzeria is considering a special promotion for the last two weeks of May, which is normally a relatively low-demand period. The special promotion would involve selling two medium pizzas for the price of one, plus 1 cent. The medium pizza normally sells for $13.99 and has variable expenses of $2.7. Expected sales volume without the special promotion is 405 medium pizzas per week. Required: a. Calculate the total contribution margin generated by the normal volume of medium pizzas in a week. b. Calculate the total number of medium pizzas that would have to be sold during the 1.cent sale to generate the same amount of contribution margin that results from the normal volume. Note: For all requirements, do not round intermediate calculations. Round your final answer to the nearest whole dollars Step by Step Solution
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