Question: I need the quickly please Data table Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue 122,000 Variable Costs: Cost

I need the quickly please
I need the quickly please Data table Creative Donuts Contribution Margin Income
Statement Month Ended August 31, 2024 Net Sales Revenue 122,000 Variable Costs:
Cost of Goods Sold $32,800 Selling Costs 17,000 Administrative Costs Contribution Margin
67,100 Fixed Costs: Selling Costs Operating Income Requirements 1. Calculate the weighted-average
contribution margin. 2. Determine Creative's monthly breakeven point in dozens of plain
donuts and custard-filled donuts. Prove your answer by preparing a summary contribution

Data table Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue 122,000 Variable Costs: Cost of Goods Sold $32,800 Selling Costs 17,000 Administrative Costs Contribution Margin 67,100 Fixed Costs: Selling Costs Operating Income Requirements 1. Calculate the weighted-average contribution margin. 2. Determine Creative's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. 3. Compute Creative's margin of safety in dollars for August 2024. 4. Compute the degree of operating leverage for Creative Donuts. Estimate the new operating income if total sales increase by 20%. (Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix remains unchanged.) 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 20% increase in total sales. (The sales mix remains unchanged.) The contrbition margin inceme datentent of Creatve Creatie melt, tre deorn plein donuts bor Dosuts tor Auput a02t folens: every tas doen cuiners filed doruls A dazen (Ccick the ioon to wew the conebvion margen plain benuts malls for 54.00 with tolal varatile ngine watarreri) $3.06 pur dosm ftead Ed Snow only two calegoriss of conts; varubiele end taed. The trakeven point ia Aceven plan binktu and dodeh nutard alind donan Psve your anower by propering a mutvnay oenbituton margin inoone stsoment at the beeweven ievel of saies I.Merunaradefindution= the nearest dola. Aokume te sales mix remans incharged ) bey deomen placias, x xocoxi) The wimined apeatrg ingume wit se Requiement 5. Prove your answer to Reperentert a by prepang a contitubon margin income stakenent wath a Creative sells five dozen plain donuts for every two dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.80 per dozen. A dozen custard-filled donuts sells for $6.80, with total variable cost of $3.06 per dozen. Read the reauirements. The contribution margin income statement of Creative Donuts for August 2024 follows: (Click the icon to view the contribution margin income statement.) Requirement 1. Calculate the weighted-average contribu nearest cent.) Contribution margin per unit Fixed cost per unit Sales mix in units Sales price per unit Variable cost per unit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f