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11. Soylent Corp.'s CEO wants a target profit (net income) of S159,000 next year. Soylent's total (fixed and variable) costs are $480,000 at budgeted sales

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11. Soylent Corp.'s CEO wants a target profit (net income) of S159,000 next year. Soylent's total (fixed and variable) costs are $480,000 at budgeted sales and production of 52,000 units. Variable costs average 55% of sales revenue. Soylent makes and sells one product with a market price of $12.00 per kilo. a) Calculate kilos (units) of product Soylent needs to break even (round to nearest kilo). b) Calculate kilos (units) of product Soylent needs to achieve the S159,000 target profit (round to nearest kilo). 12. Teresa's Kitchen is a nonprofit organization that provides free meals to the community. Its fixed costs are $92,000 per year. The current average variable cost of providing each meal (unit) is $0.80. Teresa is funded by the Red Cross and community donations in the amount of S240,000 for 2020. a) Calculate the maximum number of meals (units) that Teresa can provide in 2020 and still break even (round to the nearest unit (meal)). b) If the average variable cost per meal increases to $0.95, calculate the maximum number of meals (units) that Teresa can provide in 2020 and still break even (round to the nearest unit (meal)). 13. All of Eugene, Inc.'s operating costs can be classified as mixed costs. It sells one product at a price of $12 per unit. At Eugene's high level of activity in March, production was 17,000 units and total costs were $192,000. In May, a month of low activity, production was 6,400 units and total costs were $95.000. a) Using the high-low method, calculate Eugene's variable cost per unit and total fixed costs (round to nearest s0.00). b) Calculate the units that Eugene needs to produce and sell to achieve a target profit of $20,000 (round to the nearest unit)

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