Use the data and solve the given questions. Wedgewood Candle Co. Soy Candle Division Operating Results for
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Wedgewood Candle Co. Soy Candle Division Operating Results for Quarter 1, 2022 Revenues Cost of Goods Sold: DM DL MOH Gross Margin Selling and Admin Division Operating Income Units sold Peter Wedgewood's Estimates: Information for Questions 7-8: Change in Unit Sales Change in Sales Commissions Information for Questions 9-10: Change in Unit Sales Change to Advertising Expense $ 4,568,348 $ $ 774,047 1,602,719 $ 6,945,114 $ 4,436,970 1.5% 4.0% $ 11,382,084 2.7% $17,000 % Variable 2,018,100 100% 100% 36% $ 2,484,703 10% $ 1,952,267 % Fixed 64% 90% Wedgewood Candle Co. Soy Candle Division Operating Results for Quarter 1, 2022 Revenues Cost of Goods Sold: DM DL MOH Gross Margin Selling and Admin Division Operating Income Units sold Peter Wedgewood's Estimates: Information for Questions 7-8: Change in Unit Sales Change in Sales Commissions Information for Questions 9-10: Change in Unit Sales Change to Advertising Expense $ 4,568,348 $ $ 774,047 1,602,719 $ 6,945,114 $ 4,436,970 1.5% 4.0% $ 11,382,084 2.7% $17,000 % Variable 2,018,100 100% 100% 36% $ 2,484,703 10% $ 1,952,267 % Fixed 64% 90%
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How much would the estimated contribution margin operating income change if sales on the new soy line increased by 15 With a contribution margin ratio ... View the full answer
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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