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2. The company has developed a new product to be called Samoan Delight. Assume that the company could sell 20,000 units at $50 each. The
2. The company has developed a new product to be called Samoan Delight. Assume that the company could sell 20,000 units at $50 each. The variable expenses would be $35 each. The company's fixed expenses would not change a. Prepare another contribution format income statement, including sales of the Samoan Delight (sales of the other two products would not change) Round your "Percentage" answers to 1 decimal place (i.e 1234 should be entered as 12.3) Island Novelties, Inc., Contribution Income Statement Hawaiian Fantasy Tahitian Joy Samoan Delight Total Amount Amount Amount Amount b. Compute the company's new break-even point in dollar sales and the new margin of safety in both dollars and percent. Round your dollar amounts to nearest whole number. Round your "Percentage" answer to 1 decimal place (i.e .1234 should be entered as 12.3) Break-even point in dollars Margin of safety in dollars Margin of safety percentage
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