CALCULATOR PRINTER VERSION RACK Problem 6 2A (Video) (Part Level Submission) Lorge Corporation has collected the following information after its first year of sales. Sales were $2,500,000 on 100.000 units, seling expenses $250.000 (40% variable and 60% fbeed); direct materials $1,370,600; direct labor $250,000; administrative expenses $220,000 (20% variable and 80% fixed and manufacturing overhead $322,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current year. (Assume that fixed costs will remain the same in the projected year) (1) Contribution margin for current year Contribution margin for projected year (2) Fixed costs for current year Click if you would like to show Work for this question: Doen Show Work LINK TO TEXT VIDEO SIILAR PROLEH CALCULATOR PRINTERVE Exercise 6-1 (Part Level Submission) The Soma Inn is trying to determine its break-even point. The inn has 75 rooms that are rented at $60 a night. Operating costs are as follows. Salaries $14,100 per month Utilities 2,900 per month Depreciation 1,200 per month Maintenance 700 per month Mald service 8 per room Other costs 34 per room (a) Your answer is correct. Determine the inn's break-even point in (1) number of rented rooms per month and (2) dollars. 1. Break even point in rooms 1050 2. Break-even point 63000 per month Click if you would like to Show Work for this question: Open Show Work LINK TO TEXI (6) x Your answer is incorrect. Try again If the inn plans on renting an average of so rooms per day (assuming a 30-day month), what is (1) the monthly margin of safety in dollars and (2) the margin of safety ratio to o decimal places, e... 10%.) 1. Margin of safety 18900 2. Margin of safety ratio 18 Click if you would like to Show Work for this questions Open Show Work LINK TO TEXT