1 of 1 < > View Policies Show Attempt History Current Attempt in Progress 23.75/95 Booth Company had sales in 2020 of $1,860,000 on 74,400 units. Variable costs totaled $1,116,000 and fixed costs totaled $485,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $3.00). However, to process the new raw material, fixed operating costs will increase by $132,000. Management feels that two-thirds of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 4% increase in the number of units sold. (a1) R100 Assignm....docx A Your answer is correct. Prepare a projected CVP income statement for 2020 assuming the changes have not been made. Type here to search O Google Chrome 53F A (8) 25.75795 " !! unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 4% increase in the number of units sold. a1) Your answer is correct. Prepare a projected CVP income statement for 2020 assuming the changes have not been made. Booth Company CVP Income Statement For the Year Ended December 31, 2020 Sales Variable Costs 1,860,000 1,116,000 Question 1 of 1 Prepare a projected CVP income statement for 2020 assuming the changes have not been made. Booth Company CVP Income Statement For the Year Ended December 31, 2020 23.75/95 Sales Variable Costs Contribution Margin Less Fixed Costs Net Income/(Loss) eTextbook and Media t +A 1,860,000 1,116,000 744,000 485,000 259,000 (a2) JGR100 Assignm....docx Prepare a projected CVP income statement for 2020 assuming that changes are made as described. Booth Company CVP Income Statement For the Year Ended December 31, 2020 Type here to search Sales Variable Costs Contribution Margin Less Y: Fixed Costs Net Income/(Loss) O $ $ Google Chrome 53F A O Question 1 of 1 < Net Income/(Loss) eTextbook and Media Save for Later $ 23.75/95 Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. 1 (c) The parts of this question must be completed in order. This part will be available when you complete the part above. SR100 Assignm....docx 7 Type here to search 3' O Google Chrome Show all X 8:49 PM 53F 4) 5/8/2022 D