Req 4A and B are wrong only
Dana's Ribbon World makes award rosettes. Following is information about the company Variable cost per rosette Sales price per rosette Total fixed costs per month $ 2.00 5.00 6000.00 Required: 1. Suppose Dana's would like to generate a profit of $1,120. Determine how many rosettes it must sell to achieve this target profit. 2. Dana's sells 2,140 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales 3. Calculate Dana's degree of operating leverage if it sells 2,140 rosettes 4a. Using the degree of operating leverage, calculate the change in Dana's profitif unit sales drop to 1,819 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Reg 4A Reg 48 Suppose Dana's would like to generate a profit of $1,120. Determine how many rosettes it must sell to achieve this target profit. (Round your intermediate calculations to 2 decimal places and round your final answer up to nearest whole number Throat Units 1780 4a. Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1,81 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. Req 1 Read Req3 Req 4A Req 4B If Dana's sells 2,140 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of s your intermediate calculations to 2 decimal places and final answer to the nearest whole number. Round your percentage to two decimal places (.e. 0.1234 should be entered as 12.34% )) Margin of Safety (Units) Margin of Safety in Dollars Percentage of Sales 640 Rosettes 3.840 29.90 % Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette Sales price per rosette Total fixed costs per month 2.00 6.80 6000.00 Required: 1. Suppose Dana's would like to generate a profit of $1,120. Determine how many rosettes it must sell to achieve this target profit. 2. Dana's sells 2,140 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 2,140 rosettes, 4. Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1,819 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Reg 3 Reg 4A Req 48 Calculate Dana's degree of operating leverage if it sells 2,140 rosettes, (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places.) Degree of Operating Leverage 3.3438 Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette Sales price per rosette Total fixed costs per month $ 2.00 6.00 6000.00 Required: 1. Suppose Dana's would like to generate a profit of $1120. Determine how many rosettes it must sell to achieve this target profit. 2. If Dana's sells 2140 rosettes, compute its margin of safety in units, in sales dollars, and as a percentage of sales. 3. Calculate Dana's degree of operating leverage if it sells 2,140 rosettes, 40. Using the degree of operating leverage calculate the change in Dana's profit if unit sales drop to 1819 units. 4b. Prepare a new contribution margin income statement to verify change in dana's profit. Complete this question by entering your answers in the tabs below. Rea 1 Reg 2 Req 3 Reg 4 Reg 40 Using the degree of operating leverage, calculate the change in Dana's profit if unit sales drop to 1,819 units. (Round your Intermediate calculations to 4 decimal places and final answer to 2 decimal places. (1 1234 should be entered as 12.34.)) Emoct on Proti Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Reg 3 Req 4A Reg 48 Prepare a new contribution margin income statement to verify change in dana's profit. (Round your answers to nearest whole number.) Contribution Margin Income Statement For 1,819 Rosettes Cost of Goods Sold Fixed Costs Gross Margin Interest Expense Net Income After Taxes Net Operating Income Income from Operations
