Break-Even Sales Under Present and Proposed Conditions Portmann Company, operating at full capacity, sold 1,000,000 units at a price of $190 per unit during the current year. Its income statement is as follows Sales $190,000,000 (99,000,000) Cost of goods sold Gross profit $91,000,000 Expenses: $16,000,000 Selling expenses Administrative expenses 17,400,000 Total expenses (33,400,000) $57,600,000 Operating income The division of costs between variable and fixed is as follows: Fixed Variable 70% 30% Cost of goods sold 75% 25% Selling expenses Administrative 50% 50% expenses Management is considering a plant expansion program for the following year that wil permt an increase of $13,300,000 in yearly sales. The expansion wi increase fixed costs by $3,.000.000 but will not affect the relationship between sales and variable costs Requireds 1. Determine the total variable costs and the totel fied costs for the current year Previous Check My Work Srre ndsn sibrit Assinement for Grading Eat ail inst Al wanes saved Required: 1. Determine the total variable costs and the total fixed costs for the current year Total variable costs Total fixed costs 2. Determine (a) the unit variable cost and (b) the unit contribution margin for the current year Unit variable cost Unit contribution margin 3. Compute the break-even sales (units) for the eurent year unns 4. Compute the break-even sales (units) under the proposed program for the follawing year units 5. Determine the amount of saies (units) that would be necessary under the proposed program to realize the $57,600,000 of operating income that was eamed in the current year units 6. Detemine the maximum operating income possubie with the expanded plant si 7. If the proposal is accepted and sales remain at the current level, what will the operating income or loss be for the folowing vear? Income v Previous Ceck My Work ems Cmailstrctor Save and Erit Submit Assignment for Grade All work saved s55%