Try Spirit Calendars imprints calendars with college names. The company has fixed expenses of $...
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Try Spirit Calendars imprints calendars with college names. The company has fixed expenses of $ comma comma each month plus variable expenses of $ per carton of calendars. Of the variable expense, is cost of goods sold, while the remaining relates to variable operating expenses. The company sells each carton of calendars for $
Compute the number of cartons of calendars that Try Spirit Calendars must sell each month to break even.
Compute the dollar amount of monthly sales that the company needs in order to earn $ comma in operating incomeround the contribution margin ratio to two decimal places
Prepare the company's contribution margin income statement for June for sales of comma cartons of calendars.
What is June's margin of safetyin dollars What is the operating leverage factor at this level of sales?
By what percentage will operating income change if July's sales volume is higher Prove your answer.
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