Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The options for answering the box are: 50 34 100 400000 2500 30 200000 50000 1.7 5 58.3 3750 20 5000 4000 Sandy has two

image text in transcribed

The options for answering the box are: 50 34 100 400000 2500 30 200000 50000 1.7 5 58.3 3750 20 5000 4000

Sandy has two stores one for selling shoes and the other for selling Jackets the data related for two store as following Selling Price per Unit Variable cost per Unit Fixed Cost Estimated sales in units Store 1 $80 $40 $100,000 6,000 Store 2 $100 $70 $120,000 5,000 Compute the following Choose... v Break even point in units for store 1 Break even point in units for store 2 Choose... Break even point in revenues for store 1 Choose... Choose... Break even point in revenues for store 2 Contribution Margin percentage for store 1 (CM%) Choose... Contribution Margin percentage for store 2 (CM%) Choose... Degree of operating leverage for store 1 (DOL) Choose... V Degree of operating leverage for store 2 (DOL) Choose... Choose... if sales increased by 20% in store 1, the operating income will increase by (use DOL) if sales increased by 20% in store 2, the operating income will increase by (use DOL) Choose... Choose... How many units should they sell to reach an operating income of $50,000 in store 1 How many units should they sell to reach an operating income of $30,000 in store 2 Choose... Margin of safety percentage of store 1 (MOS%) Choose... Margin of safety percentage of store 2 (MOS%) Choose.. if sales of store 1 increase by $100,000, the contribution margin will increase by (use CM%) Choose

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Audit Practice From A To Z

Authors: Patrick Onwura Nzechukwu

1st Edition

149874205X, 978-1498742054

More Books

Students also viewed these Accounting questions