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Show Attempt History Current Attempt in Progress A new line of athletic clothing is being introduced at Oriole's-a regional sporting goods store. A lightweight, warm, weather-proof hoodie in this line is its key introductory item, expected to bring attention to the entire line and to the sporting goods store itself. The problem is that after Oriole, the owner, agreed to bring this new product into the store, the staff lost some of the cost information that was used to estimate the profitability of the hoodies. All they could find in their records was the following information. Budgeted operating income Total sales Variable cost per unit Related fixed costs (a) Your answer is correct. (b) Determine the following missing information: sales volume used in the estimate, selling price per unit, and contribution margin per unit. Selling price $90,750 $139,500 per month per month $25 per unit $10,000 per month Sales volume used in the estimate Contribution margin eTextbook and Media Your answer is partially correct. $ 1550 Operating income decreased V by $ 90 65 units 4650 per unit per unit It turns out that Oriole will have to pay 40% more per unit for the hoodies than originally planned. What effect does this change have on Oriole's anticipated operating income from the hoodies? Attempts: 1 of 3 used

Show Attempt History Current Attempt in Progress A new line of athletic clothing is being introduced at Oriole's-a regional sporting goods store. A lightweight, warm, weather-proof hoodie in this line is its key introductory item, expected to bring attention to the entire line and to the sporting goods store itself. The problem is that after Oriole, the owner, agreed to bring this new product into the store, the staff lost some of the cost information that was used to estimate the profitability of the hoodies. All they could find in their records was the following information. Budgeted operating income Total sales Variable cost per unit Related fixed costs (a) Your answer is correct. (b) Determine the following missing information: sales volume used in the estimate, selling price per unit, and contribution margin per unit. Selling price $90,750 $139,500 per month per month $25 per unit $10,000 per month Sales volume used in the estimate Contribution margin eTextbook and Media Your answer is partially correct. $ 1550 Operating income decreased V by $ 90 65 units 4650 per unit per unit It turns out that Oriole will have to pay 40% more per unit for the hoodies than originally planned. What effect does this change have on Oriole's anticipated operating income from the hoodies? Attempts: 1 of 3 used

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5TIF
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Show Attempt History Current Attempt in Progress A new line of athletic clothing is being introduced at Oriole's-a regional sporting goods store. A lightweight, warm, weather-proof hoodie in this line is its key introductory item, expected to bring attention to the entire line and to the sporting goods store itself. The problem is that after Oriole, the owner, agreed to bring this new product into the store, the staff lost some of the cost information that was used to estimate the profitability of the hoodies. All they could find in their records was the following information. Budgeted operating income Total sales Variable cost per unit Related fixed costs (a) Your answer is correct. (b) Selling price $90,750 $139,500 Sales volume used in the estimate Contribution margin Determine the following missing information: sales volume used in the estimate, selling price per unit, and contribution margin per unit. eTextbook and Media $25 $10,000 Your answer is partially correct. $ $ per month per month per unit per month Operating income decreased V by $ 1550 90 65 units 4650 per unit per unit It turns out that Oriole will have to pay 40% more per unit for the hoodies than originally planned. What effect does this change. have on Oriole's anticipated operating income from the hoodies? ← Attempts: 1 of 3 used
Transcribed Image Text:Show Attempt History Current Attempt in Progress A new line of athletic clothing is being introduced at Oriole's-a regional sporting goods store. A lightweight, warm, weather-proof hoodie in this line is its key introductory item, expected to bring attention to the entire line and to the sporting goods store itself. The problem is that after Oriole, the owner, agreed to bring this new product into the store, the staff lost some of the cost information that was used to estimate the profitability of the hoodies. All they could find in their records was the following information. Budgeted operating income Total sales Variable cost per unit Related fixed costs (a) Your answer is correct. (b) Selling price $90,750 $139,500 Sales volume used in the estimate Contribution margin Determine the following missing information: sales volume used in the estimate, selling price per unit, and contribution margin per unit. eTextbook and Media $25 $10,000 Your answer is partially correct. $ $ per month per month per unit per month Operating income decreased V by $ 1550 90 65 units 4650 per unit per unit It turns out that Oriole will have to pay 40% more per unit for the hoodies than originally planned. What effect does this change. have on Oriole's anticipated operating income from the hoodies? ← Attempts: 1 of 3 used
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