F G H Meyerson's Bakery Projected Income Statement for Pie Line Sales 5 Variable Costs $25,000 7,500 5 Fixed Costs 7 Earnings Before Interest and Taxes sInterest Expense Earnings Before Taxes o Taxes 11 Net Income 20,000 (2,500) 3,000 (5,500) (1,925) (3,575) 12 13 Additional Data 14 Estimated Pie Sales in Units 2,500 15 Price per Pie 16 Variable Cost per Pie 17 Tax Rate 10.00 $ 3.00 35% 18 19 Calculate the following 20 Operating Break-even Points Units 22 Dollars 21 a 23 24 Target Level of EBIT 25 Unit Sales Needed to Reach Target EBIT $15,000.00 26 27 Price per Pie to Break Even on Net Income Calculate this using goal seek profit price x qty-cost" qty-fc 28 Assume you have 2500 units sold 29 30 31 32 33 34 35