1. Complete a CVP Income Statement using the following data: Sales: $335,000; Total VC: $215,000; Total FC: $105,0002. Complete a CVP Income Statement using the following data: Sales: $450,000; Total VC: $295,000; Total FC: $195,0003. a. The following data pertains to Product A: SP: $85.25; VC/unit: $43.80; Total FC: $110,000 b. The following data pertains to Product B: SP: $125; VC/unit: $82; Total FC $89000i)What is the CM/ Unit for Product A? Product B?4. In the problem above, what is the BE in Sales units for Product A? Product B?5. Jordan Company sells a product, Product 125, which has the following data: SP: $22.50; VC/unit: $10; Total FC: $85,000a. What is the CM/unit?b. What is the BE in units?c. What is the BE in dollars?6.Goldman Company has sales of $335,000 and total VC of $185,000a. What is Goldman Companys CM?b. If they sold 25,000 units, what is the CM/Unit?c. What is the SP/Unit?7. Aldredge Company sells Product Z for $25. VC/unit are $9.50 and FC are $54,250a. What is the CM/unit?b. What is the BE in units?c. What is the CM Ratio?d. Using the CM Ratio, what is the BE in dollars8. Anderson, Inc. has the following data: SP: $25.50; Units sold: 14,000; VC/Unit: $13.75; FC: $160,000a. Prepare a CVP Income Statementb. Prepare a CVP Income Statement showing a 20% increase in SP (with costs remaining constant)c. Prepare a CVP Income Statement showing a 10% increase in SP, an 8% increase in VC, and a $20,000 decrease in FC.d. Using the data in the bullets, what is the CM/Unit? CM Ratio?e. Using the data in the bullets, what is the BE in Sales Units? Accounting 2120Chapter 19 - Assignment 1 Cost Volume Profit9. a. Find the BE in Sales Units using the following data: SP/Unit: $8.00; VC/Unit: $5.75; FC: $27,000 b. Once the company reaches BE, how much income will they have at: 15,000 units; 20,000 units; 35,000 units10. Using the data in # 9 above, prepare a CVP Income Statement assuming 14,500 units are sold.11. Company XYZ produces product 110, which has a SP of $125, VC/Unit of $85, and FC of $50,000.a. What is the BE in Units (Use CM Method)?b. What is the CM Ratio?c. If XYZ has sales totaling $125,000, how much of it is used to cover FC and contribute to NI?12. Kramer Companys FC are $165,000. Their CM/Unit is $35.00.a. If Kramer wants a NI of $62,500, how many units must they sell?13. Morrison Companys information is as follows: SP: $50; VC/Unit: $32; FC: $32,400a. What is the CM/Unit?b. What is the CM Ratio?c. What is the BE in Sales Units? Sales dollars?d. If Morrison would like a NI of $30,600, how many units must they sell?14. Summit, Inc. expects sales of $465,000. If BE in sales dollars is $235,000:a. What is their Margin of Safety? What does this mean?b. What is their Margin of Safety Ratio? What does this mean?15. Auriema Company sells Product 465, which has a SP of $65, VC/Unit of $45, and FC of $85,000. If they expect to sell 6000 units of this product,a. What is their Margin of Safety?b. What is their Margin of Safety Ratio?