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Explain and Show work This is all the information provided for answering the following question. Required information [The following information applies to the questions displayed

Explain and Show work

This is all the information provided for answering the following question.

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Required information [The following information applies to the questions displayed below.] Adams Company makes and sells products with variable costs of $47 each. Adams incurs annual fixed costs of $22,400. The current sales price is $63. e. If fixed costs drop to $16,800, what level of sales is required to earn the desired profit? Express your answer in units and dollars Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Required E1 Required E2 If fixed costs drop to $16,800, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Sales volume in units Sales volume in dollars Required E1 Required E2

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