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d. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in
d. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) c. Suppose that Walton desires to earn a $252,000 profit. Determine the sales volume in units and dollars required to earn t profit. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Suppose that Walton desires to earn a $252,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) If fixed costs drop to $327,600, what level of sales is required to earn the desired profit? Express your answer in units and Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. If fixed costs drop to $327,600, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Complete this question by entering your answers in the tabs below. Prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) Complete this question by entering your answers in the tabs below. Suppose that Walton desires to earn a $252,000 profit. Prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. If the sales price drops to $80 per unit, prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) Required information [The following information applies to the questions displayed below.] Walton Company makes and sells products with variable costs of $24 each. Walton incurs annual fixed costs of $529,200. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. Required a. Determine the contribution margin per unit. Complete this question by entering your answers in the tabs below. If fixed costs drop to $327,600, prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) Determine the break-even point in units and in dollars. Prepare an income statement using the contribution margin forma Complete this question by entering your answers in the tabs below. Determine the break-even point in units and in dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) If fixed costs drop to $327,600, what level of sales is required to earn the desired profit? Express your answer in units and Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. If fixed costs drop to $327,600, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Complete this question by entering your answers in the tabs below. If fixed costs drop to $327,600, prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) g. Assume that Walton concludes that it can sell 10,000 units of product for $80 each. Recall that variable costs are $30 each and fixed costs are $327,600. Compute the margin of safety in units and dollars and as a percentage. (Do not round intermediate calculations. Round your answers to the nearest whole number. Round your percentage answer to nearest whole percentage For example, 0.1234 should be entered as 12% )
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