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E6-7 (Algo) Determining Break-Even Point and Analyzing Changes in Price and Cost Structure [LO 61,62,63,64] Izzy lce Cream has the following price and cost information:

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E6-7 (Algo) Determining Break-Even Point and Analyzing Changes in Price and Cost Structure [LO 61,62,63,64] Izzy lce Cream has the following price and cost information: Required: 1. Determine Izzy's break-even point in units and sales dollars. 2. Determine how many sundaes must be sold to generate a profit of $7,200 3. Calculate Izzy's new break-even point in units for each of the following independent scenarios: a. Sales price decreases by $0.50 b. Fixed costs decrease by $300 per month c. Variable costs increase by $0.50 per sundae. 4. Based on the original information, how many sundaes must izzy sell to generate a profit of $14,000, if sales price increases by $0.50 and variable costs increase by $0.30

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