Question: Q-1. What is the contribution margin ratio for the new line of soy candles? Q-2. What is the breakeven amount for the soy candle

soy candles? Q-2. What is the breakeven amount for the soy candle

Q-1. What is the contribution margin ratio for the new line of soy candles? Q-2. What is the breakeven amount for the soy candle line in dollars? Please round your answer to the nearest dollar. Q-3. What is the breakeven amount for the soy candle line in units? Make sure you round up your answers to the nearest unit. Q-4. What is the safety margin ratio for the soy candle line? Q-5. What is the degree of operating leverage for the soy candle line? 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% Q-1. What is the contribution margin ratio for the new line of soy candles? Q-2. What is the breakeven amount for the soy candle line in dollars? Please round your answer to the nearest dollar. Q-3. What is the breakeven amount for the soy candle line in units? Make sure you round up your answers to the nearest unit. Q-4. What is the safety margin ratio for the soy candle line? Q-5. What is the degree of operating leverage for the soy candle line? 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% Q-1. What is the contribution margin ratio for the new line of soy candles? Q-2. What is the breakeven amount for the soy candle line in dollars? Please round your answer to the nearest dollar. Q-3. What is the breakeven amount for the soy candle line in units? Make sure you round up your answers to the nearest unit. Q-4. What is the safety margin ratio for the soy candle line? Q-5. What is the degree of operating leverage for the soy candle line? 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% Q-1. What is the contribution margin ratio for the new line of soy candles? Q-2. What is the breakeven amount for the soy candle line in dollars? Please round your answer to the nearest dollar. Q-3. What is the breakeven amount for the soy candle line in units? Make sure you round up your answers to the nearest unit. Q-4. What is the safety margin ratio for the soy candle line? Q-5. What is the degree of operating leverage for the soy candle line? 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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