q1

Blossom Corporation sells a single product for $40. Its management estimates the following revenues and costs for the year 2022 : Assuming fixed costs and net sales are spread evenly throughout the year, determine Blossom's monthly break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 5,275.) Calculate the contribution margin ratio, the annual margin of safety ratio, and the annual operating income. (Round answers to 0 decimal places, eg. 15 or 15%.) Question Part Score Determine the percentage increase in annual operating income if Blossom Corporation increases its selling price by 16% and all other factors (including demand) remain constant. (Round answer to 2 decimal places, e.g. 15.25\%.) Percent increase in profit % Assume the price remains at $40 per unit and variable costs remain the same per unit, but fixed costs increase by 16% annually. Calculate the percentage increase in unit sales required to achieve the same level of annual operating income calculated in part second part. (Round answer to 2 decimal places, e.g. 15.25\%.) Percent increase in unit sales % Question Part Score Determine the sales required to earn an operating income of $288,000 after tax. Blossom Corporation's income tax rate is 40%. Sales required to earn an operating income of $288,000 $