Big TimeBig Time Investor Group is opening an office in? Portland, Oregon. Fixed monthly costs are...

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Big TimeBig Time Investor Group is opening an office in?Portland, Oregon. Fixed monthly costs are office rent ?($$8,900?),depreciation on office furniture left parenthesis $($1,700)?,utilities ?($2,500?), special telephone lines ?($1,600?), aconnection with an online brokerage service ?($2,600?), and thesalary of a financial planner ?($17,700?). Variable costs includepayments to the financial planner ?(88?% of? revenue), advertisingleft parenthesis (13% of? revenue), supplies and postage ?(33?% of?revenue), and usage fees for the telephone lines and computerizedbrokerage service left parenthesis 6 %(6% of? revenue).
1.
Usethe contribution margin ratio approach to compute
Big Time?'s breakeven revenue in dollars. If the average tradeleads to $1,000
in revenue for Big Time?, how many trades must be made to break?even?
2.
Usethe equation approach to compute the dollar revenues needed to earna monthly target profit of $12,600.
3.
Graph
Big Time?'s CVP relationships. Assume that an average tradeleads to $1,000
in revenue for Big Time. Show the breakeven? point, the salesrevenue? line, the fixed cost? line, the total cost? line, theoperating loss? area, the operating income? area, and the sales inunits? (trades) and dollars when monthly operating income of$12,600 is earned.
4.
Suppose that the average revenue
Big Time earns increases to $2,000 per trade. Compute the newbreakeven point in trades. How does this affect the breakeven?point?
?(Round your answers to the nearest whole? number.)

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Q 1Contribution margin 1 Variable cost as of sales 1 financial planner cost advertising supplies and postage usage fees for the telephone lines and computerized brokerageservice 1 8 13 3 6 70Fixed costs Office rent depreciation on office furnitureleft parenthesis utilities See Answer

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Big TimeBig Time Investor Group is opening an office in?Portland, Oregon. Fixed monthly costs are office rent ?($$8,900?),depreciation on office furniture left parenthesis $($1,700)?,utilities ?($2,500?), special telephone lines ?($1,600?), aconnection with an online brokerage service ?($2,600?), and thesalary of a financial planner ?($17,700?). Variable costs includepayments to the financial planner ?(88?% of? revenue), advertisingleft parenthesis (13% of? revenue), supplies and postage ?(33?% of?revenue), and usage fees for the telephone lines and computerizedbrokerage service left parenthesis 6 %(6% of? revenue).1.Usethe contribution margin ratio approach to computeBig Time?'s breakeven revenue in dollars. If the average tradeleads to $1,000in revenue for Big Time?, how many trades must be made to break?even?2.Usethe equation approach to compute the dollar revenues needed to earna monthly target profit of $12,600.3.GraphBig Time?'s CVP relationships. Assume that an average tradeleads to $1,000in revenue for Big Time. Show the breakeven? point, the salesrevenue? line, the fixed cost? line, the total cost? line, theoperating loss? area, the operating income? area, and the sales inunits? (trades) and dollars when monthly operating income of$12,600 is earned.4.Suppose that the average revenueBig Time earns increases to $2,000 per trade. Compute the newbreakeven point in trades. How does this affect the breakeven?point??(Round your answers to the nearest whole? number.)

1.	Usethe contribution margin ratio approach to compute Big Time?'s breakeven revenue in dollars. If the average tradeleads to $1,000 in revenue for Big Time?, how many trades must be made to break?even?
2.	Usethe equation approach to compute the dollar revenues needed to earna monthly target profit of $12,600.
3.	Graph Big Time?'s CVP relationships. Assume that an average tradeleads to $1,000 in revenue for Big Time. Show the breakeven? point, the salesrevenue? line, the fixed cost? line, the total cost? line, theoperating loss? area, the operating income? area, and the sales inunits? (trades) and dollars when monthly operating income of$12,600 is earned.
4.	Suppose that the average revenue Big Time earns increases to $2,000 per trade. Compute the newbreakeven point in trades. How does this affect the breakeven?point?