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3 10 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Legrand Company produces hand cream. In 2018, their
3 10 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Legrand Company produces hand cream. In 2018, their financial Information is as follows: Each jar sells for: $3.40 Total variable cost (materials, labor, and overhead) per jar: $2.55 Total fixed cost: $58,140 81,600 Total jars sold in 2018: 1. What is the break-even point in units for Legrand? Must use a formula/calculation in the cell for full credit. (2 points) units 2. What is the break-even sales dollar? Must use a formula/calculation in the cell for full credit. (2 points) 3. What is the margin of safety in units? Must use a formula/calculation in the cell for full credit. (2 points) units 4. Prepare an income statement for Legrand Company for 2018. Formulas should be used in the cells to calculate values and proper accounting protocols must be followed. The following items are the accounts for the income statement (they are not listed in order here, but must be in the correct order on your income statement!). (9 points) Sales revenue operating income total contribution margin total variable cost total fixed cost 35 36 37 38 39 40 42 44 46 50 52 53 54 55 56 57 58 59 60 61 62 63 2. Complete the income statement below for the second alternative. Formulas should be used in the cells for all calculations. Each highlighted cell should have a value. (11 points) Sales Variable expenses Contribution margin Advertising Segment margin Common fixed expenses Operating Income Cheertime Company Income Statement For the Year 2022 Scented Musical Regular Total 3. Would you recommend that the company keep operations as-is, employ alternative 1, or employ alternative 27, Explain your reasoning (2 points)
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