Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help me solve required 2 and 3- the current answers are wrong You are currently trying to decide between two cost structures for your
please help me solve required 2 and 3- the current answers are wrong
You are currently trying to decide between two cost structures for your business: one that has a greater proportion of short-term fixed costs and another that is more heavily weighted to variable costs. Estimated revenue and cost data for each alternative are as follows: Required: 1. What sales volume, in units, is needed for the total costs in each cost-structure alternative to be the same? 2. Suppose your profit goal for the coming year is 10% of sales (i.e., operating profit/sales =10% ). What sales level in units is needed under each alternative to achieve this goal? 3. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal? 1. What sales volume, in units, is needed for the total costs in each cost-structure alternative to be the same? 2. Suppose your profit goal for the coming year is 10% of sales (i.e., operating profit/sales =10% ). What sales level in units is needec under each alternative to achieve this goal? 3. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Suppose your profit goal for the coming year is 10% of sales (i.e., operating profit / sales =10% ). What sales level in units is needed under each alternative to achieve this goal? Required: 1. What sales volume, in units, is needed for the total costs in each cost-structure alternative to be the same? 2. Suppose your profit goal for the coming year is 10% of sales (i.e., operating profit/sales =10% ). What sales level in units is need under each alternative to achieve this goal? 3. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal Step 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