Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please answer these in excel & show the excel formulas please. thank you WILL RATE Compute the budgeted operating income for each of the following
Please answer these in excel & show the excel formulas please. thank you WILL RATE
Compute the budgeted operating income for each of the following deviations from the origina budget data. (Consider each case independently.) a. Enter all amounts as positive values. Do NOT use parentheses or a minus sign for amoun to be subtracted. b. Refer to the budgeted operating income based on the original budget data in all calculations. (Always use cell references and formulas where appropriate to receive full credit. Cell references and formulas should be based on the original data. If you copy/paste from the Instructions tab or if you type the numbers in, you will be marked wrong.) Alternatives: 1. Determine the budgeted operating income based on the original budget data. 2. A 10% increase in contribution margin, holding revenues constant. 3. A 10% decrease in contribution margin, holding revenues constant. 4. A 5% increase in fixed costs. 5. A 5% decrease in fixed costs. 6. A 5% increase in units sold. 7. A 5% decrease in units sold. 8. A 10% increase in fixed costs and a 10% increase in units sold. 9. A 5% increase in fixed costs and a 5% decrease in variable costs. The Deli-Sub Shop owns and operates six stores in and around Minneapolis. You are given the following corporate budget data for next year: Variable costs change based on the number of subs sold. Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always use cell references and formulas where appropriate to receive full credit. Cell references and formulas should be based on the original data. Ilf you copy/paste from the Instructions tab or if you type the numbers in, you will be marked wrongStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started