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Break-Even Sales Under Present and Proposed Conditions Portmann Company, operating at full capacity, sold 1,000,000 units at a price of 5189 per unit during the

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Break-Even Sales Under Present and Proposed Conditions Portmann Company, operating at full capacity, sold 1,000,000 units at a price of 5189 per unit during the current year. Its income statement is as follows: Sales $189,000,000 Cost of goods sold (102,000,000) Gross profit $87,000,000 Expenses Selling expenses $14,000,000 Administrative expenses 14,200,000 Total expenses (28,200,000) Operating income $58,000,000 The division of costs between variable and foed is as follows: Variable Fixed Cost of goods sold 70% 3044 Selling expenses 7594 255 Administrative 50% 50 expenses Management is considering plant expansion program for the following year that will permit an increase of 511,340,000 in yearly sales. The expansion will increase fed costs tv 54,000,000 but will not affect the relationship between sales and variable costs. Requiredi 1. Determine the total variable costs and the total fixed costs for the current year Total variable costs Required: 1. Determine the total variable costs and the total fixed costs for the current year Total vanable costs Total fixed costs X 2. Determine (a) the unit vanable cost and (b) the unit contribution margin for the current year Unit variable cost X Unit contribution margin 3. Compute the break even sales (units) for the current year X units 4. Compute the break even sales (units) under the proposed program for the following year. X units S. Determine the amount of sales (units) that would be necessary under the proposed program to realize the $58,800,000 of operating income that was earned in the current yea X units 6. Determine the maximum operating income possible with the expanded plant 7. If the proposal is accepted and sales remain at the current level, what will the operating income or loss be for the following year? X Income

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