1) You are thinking of having a party and are thinking of have the following features. 1100 DJ Green Lights 1200 Punch Drink 3000 Security 1400 Engraved Tickets 100 Appetizers 1600 Attendees 200 Ticket Price 100 Your friend says that if you pay them $1,000, they can increase sales by 20%, if you decrease the selling price by 10%. Total variable costs would also increase by $1 / unit. Is it a good idea? (30) Analysis before your friends offer a) Break even in units. b) Target profit of $10,000, in units Analysis after your friends offer c) Prove out if the friends offer is a good idea in good form and make a recommendation. 2) Having just started at a fertilizer company, you have been asked to determine how much inventory is ready to be transferred to finished goods. Weighted Average. (31) % Complete Value in $ Units DM DL Wip, June 30 MOH DM DL MOH 300 WIP, July 1 20% 40% 80% 500 20% 60% 80% Finished Goods, June 30 3,000 6,000 9,000 700 Finished Goods, July 1 1000 garted in the Period 900 20% 60% 90% 8,000 7,000 10,000 a) Calculate the Equivalent Units of Production using good form. b) Determine how much inventory will remain in WIP and conclude if a target of $6K was reach. schedule. Provide a schedule in good form. Provide any journal entries required after you make the