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C.L. Ko and Company, a manufacturer of quality handmade walnut bowls, has had a steady growth in sales for the past 5 years. However increased

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C.L. Ko and Company, a manufacturer of quality handmade walnut bowls, has had a steady growth in sales for the past 5 years. However increased competition has led Mr Ko, the president to believe that an aggressive marketing campaign will be necessary next year to maintain the company's present growth To prepare for next year's marketing campaign, the company's controller has prepared and presented Mr Ko with the following data for the current year 2000 (Click the icon to view the data) Read the requirements - X Requirements 1. 2 3 What is the projected net income for 20202 What is the breakeven point in units for 20202 Mr Ko has set the revenue target for 2021 at a level of $816 000 for 24 000 bowls). He believes an additional marketing cost of $12 240 for advertising in 2021 with all other costs remaining constant will be necessary to attain the revenue targot What is the net Income for 2021 if the additional $12 240 is spent and the revenue target is met What is the breakeven point in revenues for 2021 the additional $12 240 as spent for advertising? if the additional $12.240 is spont what are the required 2021 revenues for 2021 net income to equal 2020 net incomo? At a sales level of 24 000 units what maximum amount can be spent on advertising ta 2021 net income OS114 806 is desired? 4 5. CL Ko and Company, a manufacturer of quality handmade walnut bowls, has had a steady growth in sales for the past 5 years. However, increased competition has led Mt Ko the president to believe that an aggressive marketing campaign will be necessary next year to maintain the company's present growth To prepare for next year's marketing campaign, the company's controller has prepared and presented Mr Ko with the following data for the current year, 2020 (Click the icon to view the data) Read the moments - Data Table Vanable cost per bowi) Direct materials Direct manufacturing labor Valo overhead manufacturing, marketing distribution and customer service) 300 200 300 13.00 Total variable colt poc bow Fixed coche Manufacturino Marketing on and orice 5 1000 200 285.000 Total food cool Sellino Dc Expo 2000 00 1000 0 Incom

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