2)How many units must L&L sell to breakeven?

3) Show all work for your calculation above to receive partial credit. Zero points for this question will be awarded if this is left blank.

4) What would be operating income if Lily & Lace produced one more unit above breakeven?

5) How many sales dollars must Lily & Lace achieve to have a target operating income of $30,000? Round your answer to the nearest dollar.

6) Show all work for your calculation above to receive partial credit.

Lily & Lace manufactures accessories for One & Only Bridal. For 2017, Lily & Lace expects fixed costs to be $35,000. Data related to the products include: Accessories Weighted Average Contribution Margin/Unit Weighted Average Contribution Margin Ratio Answer the following questions based on this data. $150 70% 1) What is the formula to calculate the breakeven point in units? (1pts