Question: please help me solve required 2 and 3- the current answers are wrong You are currently trying to decide between two cost structures for your

please help me solve required 2 and 3- the current answers are wrong
please help me solve required 2 and 3- the current answers are
wrong You are currently trying to decide between two cost structures for
your business: one that has a greater proportion of short-term fixed costs

You are currently trying to decide between two cost structures for your business: one that has a greater proportion of short-term fixed costs and another that is more heavily weighted to variable costs. Estimated revenue and cost data for each alternative are as follows: Required: 1. What sales volume, in units, is needed for the total costs in each cost-structure alternative to be the same? 2. Suppose your profit goal for the coming year is 10% of sales (i.e., operating profit/sales =10% ). What sales level in units is needed under each alternative to achieve this goal? 3. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal? 1. What sales volume, in units, is needed for the total costs in each cost-structure alternative to be the same? 2. Suppose your profit goal for the coming year is 10% of sales (i.e., operating profit/sales =10% ). What sales level in units is needec under each alternative to achieve this goal? 3. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Suppose your profit goal for the coming year is 10% of sales (i.e., operating profit / sales =10% ). What sales level in units is needed under each alternative to achieve this goal? Required: 1. What sales volume, in units, is needed for the total costs in each cost-structure alternative to be the same? 2. Suppose your profit goal for the coming year is 10% of sales (i.e., operating profit/sales =10% ). What sales level in units is need under each alternative to achieve this goal? 3. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Suppose again that your profit goal for the coming year is 10% of sales. What sales volume in dollars is needed under each alternative to achieve this goal

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!