Need help with last three parts4,5 and 6 please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Required informationPR 7-41 (Static) CVP Graph; Cost Structure; Operating Leverage (LO 7-2, 7-3, 7-4, 7-8)[The following information applies to the questions displayed below.]Athletico Incorporated manufactures warm-up suits. The company's projected income for the coming year, based on salesof 160,000 units, is as follows:SalesOperating expenses:Variable expensesTixed expensesTotal expensesNet Income$ 2,000,0003,000,000Required 2$ 8,000,000PR 7-41 (Static) Part 2: Calculate the firm's break-even point for the year in sales dollars.2. Calculate the firm's break-even point for the year in sales dollars.3. What is the company's margin of safety for the year?4. Compute Athletico's operating leverage factor, based on the budgeted sales volume for the year.5. Compute Athletico's required sales in dollars in order to earn income of $4,500,000 in the coming year.6. Show the Athletico's cost structure and indicate the percentage of the Athletico's revenue represented by each item on the incomestatement5,000,000$3,000,000Complete this question by entering your answers in the tabs below.Required 3 Required 4Required 5 Required 6

Variable costs are those costs which changes along with change in activity level or sales volume.…

Required information PR 7-41 (Static) CVP Graph; Cost Structure; Operating Leverage (LO 7-2, 7-3, 7-4, 7-8) [The following information applies to the questions displayed below.] Athletico Incorporated manufactures warm-up suits. The company's projected income for the coming year, based on sales of 160,000 units, is as follows: Sales Operating expenses: Variable expenses Tixed expenses Total expenses Net Incone $2,000,000 3,000,000 $ 8,000,000 5,000,000 $3,000,000 PR 7-41 (Static) Part 2: Calculate the firm's break-even point for the year in sales dollars. 2. Calculate the firm's break-even point for the year in sales dollars. 3. What is the company's margin of safety for the year? 4. Compute Athletico's operating leverage factor, based on the budgeted sales volume for the year. 5. Compute Athletico's required sales in dollars in order to earn income of $4,500,000 in the coming year. 6. Show the Athletico's cost structure and indicate the percentage of the Athletico's revenue represented by each item on the income i statement.

Required information PR 7-41 (Static) CVP Graph; Cost Structure; Operating Leverage (LO 7-2, 7-3, 7-4, 7-8) [The following information applies to the questions displayed below.] Athletico Incorporated manufactures warm-up suits. The company's projected income for the coming year, based on sales of 160,000 units, is as follows: Sales Operating expenses: Variable expenses Tixed expenses Total expenses Net Incone $2,000,000 3,000,000 $ 8,000,000 5,000,000 $3,000,000 PR 7-41 (Static) Part 2: Calculate the firm's break-even point for the year in sales dollars. 2. Calculate the firm's break-even point for the year in sales dollars. 3. What is the company's margin of safety for the year? 4. Compute Athletico's operating leverage factor, based on the budgeted sales volume for the year. 5. Compute Athletico's required sales in dollars in order to earn income of $4,500,000 in the coming year. 6. Show the Athletico's cost structure and indicate the percentage of the Athletico's revenue represented by each item on the income i statement.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Required information [The following information applies to the questions displayed below.] Consider the following narrative describing the process of filling a customer's order at a Starbucks branch: Identify the start and end events and the activities in the following narrative, and then draw the business process model using BPMN: the Starbucks customer entered the drive-through lane and stopped to review the menu. He then ordered a Venti coffee of the day and a blueberry muffin from the barista. The barista recorded the order in the cash register. While the customer drove to the window, the barista filled a Venti cup with coffee, put a lid on it, and retrieved the muffin from the pastry case and placed it in a bag. The barista handed the bag with the muffin and the hot coffee to the customer. The customer has an option to pay with cash, credit card, or Starbucks gift card. The customer paid with a gift card. The barista recorded the payment and returned the card along with the…
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