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Please help me calculate the level of revenues! Please show any work to help solve it! Thank you Chris Rugs is holding a 2-week carpet
Please help me calculate the level of revenues! Please show any work to help solve it! Thank you
Chris Rugs is holding a 2-week carpet sale at Jacob's Club, a local warehouse More Chris Rugs plans to sell carpets for $900 each. The company will purchase the carpets from a local distributor for $630 each with the privilege of returning any unsold units for a full refund. Jacob's Cub has offered Chris Rugs two payment weatives for the use of space Click the icon to view the additional information) Read the requirements Requirement 1. Calculate the breakeven point in units for (a) option 1 and (b) option 2 Begin by determining the formula to calculate the breakeven point in units Number of units to breakeven Fixed cost Contribution margin per unit Calculate the breakeven point in units for option 1, then option 2. (Round your answers up to the nearest whole number Enterto for zero balances) Units (a) Option 1 (b) Option 2 Requirement 2. At what level of revenuen wil Chris Rugs eam the same operating income under other option For what range of unit sales wil Chris Rugs prefer option 17 b. For what range of unit salos wil Chris Rugs prefer option 27 Begin by determining the formula to calculate the operating income where each option is equal. (Abbreviation used. FC Food com SP- Seling price vc - Variable costs, o - Quantity of units sold) Option 1 Option 2 (SPO) -(VCO) - FC ( SP * Q VC Q FC Now calculate the level of revenues units to generate the same operating income under the option. The level of revenues under other option using these units equals Requirements Enter any number in the edit fields and then click Check Answer 1. Calculate the breakeven point in units for (a) option 1 and (b) option 2 2. At what level of revenues wil Chris Rugs car the same operating income under the option? a For what range of units wil Chris Rugs prefer option 1? 5 parts Chris Rugs is holding a 2-week carpet sale at Jacob's Club, a local warehouse More Chris Rugs plans to sell carpets for $900 each. The company will purchase the carpets from a local distributor for $630 each with the privilege of returning any unsold units for a full refund. Jacob's Cub has offered Chris Rugs two payment weatives for the use of space Click the icon to view the additional information) Read the requirements Requirement 1. Calculate the breakeven point in units for (a) option 1 and (b) option 2 Begin by determining the formula to calculate the breakeven point in units Number of units to breakeven Fixed cost Contribution margin per unit Calculate the breakeven point in units for option 1, then option 2. (Round your answers up to the nearest whole number Enterto for zero balances) Units (a) Option 1 (b) Option 2 Requirement 2. At what level of revenuen wil Chris Rugs eam the same operating income under other option For what range of unit sales wil Chris Rugs prefer option 17 b. For what range of unit salos wil Chris Rugs prefer option 27 Begin by determining the formula to calculate the operating income where each option is equal. (Abbreviation used. FC Food com SP- Seling price vc - Variable costs, o - Quantity of units sold) Option 1 Option 2 (SPO) -(VCO) - FC ( SP * Q VC Q FC Now calculate the level of revenues units to generate the same operating income under the option. The level of revenues under other option using these units equals Requirements Enter any number in the edit fields and then click Check Answer 1. Calculate the breakeven point in units for (a) option 1 and (b) option 2 2. At what level of revenues wil Chris Rugs car the same operating income under the option? a For what range of units wil Chris Rugs prefer option 1? 5 parts Step by Step Solution
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