Bagel Land operates a bagel store in Niagara Falls. The owner has provided the following...
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Accounting
Bagel Land operates a bagel store in Niagara Falls. The owner has provided the following budgeted data for next year. Revenue$Fixed Costs$Variable Costs depends on the # of bagels sold$ For each of the following scenarios, determine the dollar impact on Bagel Land. Consider each scenario independently. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter all values as positive values. Do not use the negative sign. i A increase in fixed costs. Revenue:Answer Question Decrease byIncrease byNo change$Answer Question Variable Costs:Answer Question Decrease byIncrease byNo change$Answer Question Fixed Costs:Answer Question Decrease byIncrease byNo change$Answer Question Contribution Margin:Answer Question Decrease byIncrease byNo change$Answer Question Budgeted Operating Profit:Answer Question Decrease byIncrease byNo change$Answer Question ii A increase in contribution margin, but holding revenue constant. Revenue:Answer Question Decrease byIncrease byNo change$Answer Question Variable Costs:Answer Question Decrease byIncrease byNo change$Answer Question Fixed Costs:Answer Question Decrease byIncrease byNo change$Answer Question Contribution Margin:Answer Question Decrease byIncrease byNo change$Answer Question Budgeted Operating Profit:Answer Question Decrease byIncrease byNo change$Answer Question iii. A increase in fixed costs and increase in units sold. Revenue:Answer Question Decrease byIncrease byNo change$Answer Question Variable Costs:Answer Question Decrease byIncrease byNo change$Answer Question Fixed Costs:Answer Question Decrease byIncrease byNo change$Answer Question Contribution Margin:Answer Question Decrease byIncrease byNo change$Answer Question Budgeted Operating Profit:Answer Question Decrease byIncrease byNo change$Answer Question
Bagel Land operates a bagel store in Niagara Falls. The owner has provided the following budgeted data for next year.
Revenue$Fixed Costs$Variable Costs depends on the # of bagels sold$
For each of the following scenarios, determine the dollar impact on Bagel Land.
Consider each scenario independently.
Do not enter dollar signs or commas in the input boxes.
Round all answers to the nearest whole number. Enter all values as positive values. Do not use the negative sign.
i A increase in fixed costs.
Revenue:Answer Question Decrease byIncrease byNo change$Answer Question Variable Costs:Answer Question Decrease byIncrease byNo change$Answer Question Fixed Costs:Answer Question Decrease byIncrease byNo change$Answer Question Contribution Margin:Answer Question Decrease byIncrease byNo change$Answer Question Budgeted Operating Profit:Answer Question Decrease byIncrease byNo change$Answer Question
ii A increase in contribution margin, but holding revenue constant.
Revenue:Answer Question Decrease byIncrease byNo change$Answer Question Variable Costs:Answer Question Decrease byIncrease byNo change$Answer Question Fixed Costs:Answer Question Decrease byIncrease byNo change$Answer Question Contribution Margin:Answer Question Decrease byIncrease byNo change$Answer Question Budgeted Operating Profit:Answer Question Decrease byIncrease byNo change$Answer Question
iii. A increase in fixed costs and increase in units sold.
Revenue:Answer Question Decrease byIncrease byNo change$Answer Question Variable Costs:Answer Question Decrease byIncrease byNo change$Answer Question Fixed Costs:Answer Question Decrease byIncrease byNo change$Answer Question Contribution Margin:Answer Question Decrease byIncrease byNo change$Answer Question Budgeted Operating Profit:Answer Question Decrease byIncrease byNo change$Answer Question
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