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Please check my answers and provide a detailed solution (preferably on paper). 6. Projected financial results for the university's cafeteria for next year are shown.

Please check my answers and provide a detailed solution (preferably on paper). image text in transcribed
6. Projected financial results for the university's cafeteria for next year are shown. Answer each of the following questions. Check my answers and provide a detailed solution.
a) How much is the contribution margin and contribution rate? Type an integer or decimal for contribution margin and round to 6 decimal places as needed for contribution rate. (I got $637260 and 72.006780%)
b.) How much dors the business need to sell to break even? Round to the nearest cent as needed. (I got $805479.71)
c) If the business was to spend $24,000 to upgrade their processes, how much does the bysiness need to sell to break even? Round up to the nearest cent as needed. (I got $8388.10)
d) If 9% more meals were sold, the resulting net income would be? Type an integer or a decimal. (I got $114613.40)
image text in transcribed
Projected francial results for the university's cafeteria for next year are show. Arower each of the following independent Gestions SM8.000 Fand.com Toot 550.000 27.70 27.1 337200 How much the corbuto na and the coreuton rate? How much does the business need to server e business was to spend $4,000 to upgrade the proces, how much does the need to treat moms were sold, what would be the reading met home? The contribution or in 1637200 (en ingerea decimal The compound to decide as needed I to break the business needs to be SAPI the business was to spend 4.000 de there would needs to be 188 18 Round up to the nearest contended) don me were sold the resulting income would be $114613:40 Type an integrada $885,000 Sales Fixed cost Total variable cost Total cost Net income $580,000 247,740 827,740 $57,260

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