Cost-Volume-Profit Analysis at Toyota

Requirements:

1. Conduct a cost-volume-profit (CVP) analysis for Toyota's hybrid vehicle division, considering fixed costs, variable costs, and sales price per unit.

Cost Element	Amount ($)
Fixed Costs	160,000,000
Variable Costs per Unit	35,000
Sales Price per Unit	70,000

2. Calculate the breakeven point in units and dollars.
3. Analyze the impact of changes in sales volume on Toyota's profitability.
4. Recommend strategies to achieve target profit levels under different market conditions.