Question: just need (d) solved Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout

just need (d) solved
just need (d) solved Cullumber Monograms sells stadium blankets that have been
monogrammed with high school and university emblems. The blankets retail for $100
throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable

Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable costs are 40% of sales; fixed costs are $116,000 per month. (a1) Your answer is correct. Calculate contribution targin ratio. (Round ratio to 2 percentage places, eg. 0.38 - 38%.) Contribution margin ratio 60 % What is Cullumber's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.) Breakeven sales $ 2320000 eTextbook and Media Attempts: 2 of 3 used (b) Your answer is correct. Cullumber currently sells 139,000 blankets per year. If sales volume were to increase by 15%, by how much would operating income increase? (Round answer to 0 decimal places, e.g. 5,275.) $ Operating income 1351000 that variable costs increase to 30% of the current sales price and fixed costs increase by $15,000 per month. If Cullumber were to raise its sales price by 10% to cover these new costs, what would be the new annual breakeven point in sales dollars? (Round sales price to 2 decimal places, e.g. 52.75 and final answer to o decimal places, e.g. 5,275.) Breakeven sales $ 2,161,500 i (d) Your answer is incorrect Assume that variable costs increase to 30% of the current sales price and fixed costs increase by $15,000 per month of Cullumber were to raise its sales price 10% to cover these new costs, but the number of blankets sold were to drop by 5%, what would be the new annual operating income? (Round sales price to 2 decimal places, es 52.75 and final answer to o decimal places, s. 5,275.) $ The new annual operating income

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