Feepaliat: Il is expected that 21,300 units will be sold at a price of $160 a unit. Maximum sales within the felevant range are 25,900 units. Prequired: 1. Propare an estimated income statement for 20Y8. Bo sure to complete the statement heading. Rofer to the list of Accounts, Labels and Amount Descriptions provided for the exact wording of the answer choices for fext entries. Enter amounts as positve numbers unless the amount is a calcutation that resuits in a nogative amount. For exampio: Net loss should be negatily, Expenses should be positive. A coion (.) will actomatically appear if it is required. 2. What is the expected contribution margin ratio? 3. Determine the break-even sales in units and dollars. Round your answers to the nearest whole number. 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? 5. What is the expected margin of safoty in doliars and as a percentage of sales? Round your answors to the nearest whole number. 6. Determine the operating leverage. Round to one decimal place. Acmainte 1 ahale and Amnunt naenrintione 1. Prepare an estimated income statement for 20Yz. Be swe to complete the statement heading. Refor to the list of Acoounts, Labols and Amount Doscriptionis provil amount is a caloulation that restilt in a negative amount. For example: Net ioss should be negative. Expenses should be posithe. A colon (9) will automatically appeat 2. What is the expectod contribution margin rath? Feedback Check Wy Work Snies minus variable costs equals contribution margin. Contribution margin divided by sales equals contribution margin ratio. 3. Determine the bresk-even sales in units and dollars. Start by using the contribution margin ratio (part B.) and then round your answers to the nearest whole number. Units units Dolars Feedbach Check My Work Fixed costs divided by unit contribution margin equals break-even point in units. Fixed costs divided by the contribution margin ratio equals the break-even sales in dollars. 4. Construct a cost-volume-profit chart on your own paper. What is the break-even saies? Feecoock Check My Work Draw lines for total costs and total sales. The two lines should intersect at the break-oven point. = Feepaliat: Il is expected that 21,300 units will be sold at a price of $160 a unit. Maximum sales within the felevant range are 25,900 units. Prequired: 1. Propare an estimated income statement for 20Y8. Bo sure to complete the statement heading. Rofer to the list of Accounts, Labels and Amount Descriptions provided for the exact wording of the answer choices for fext entries. Enter amounts as positve numbers unless the amount is a calcutation that resuits in a nogative amount. For exampio: Net loss should be negatily, Expenses should be positive. A coion (.) will actomatically appear if it is required. 2. What is the expected contribution margin ratio? 3. Determine the break-even sales in units and dollars. Round your answers to the nearest whole number. 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? 5. What is the expected margin of safoty in doliars and as a percentage of sales? Round your answors to the nearest whole number. 6. Determine the operating leverage. Round to one decimal place. Acmainte 1 ahale and Amnunt naenrintione 1. Prepare an estimated income statement for 20Yz. Be swe to complete the statement heading. Refor to the list of Acoounts, Labols and Amount Doscriptionis provil amount is a caloulation that restilt in a negative amount. For example: Net ioss should be negative. Expenses should be posithe. A colon (9) will automatically appeat 2. What is the expectod contribution margin rath? Feedback Check Wy Work Snies minus variable costs equals contribution margin. Contribution margin divided by sales equals contribution margin ratio. 3. Determine the bresk-even sales in units and dollars. Start by using the contribution margin ratio (part B.) and then round your answers to the nearest whole number. Units units Dolars Feedbach Check My Work Fixed costs divided by unit contribution margin equals break-even point in units. Fixed costs divided by the contribution margin ratio equals the break-even sales in dollars. 4. Construct a cost-volume-profit chart on your own paper. What is the break-even saies? Feecoock Check My Work Draw lines for total costs and total sales. The two lines should intersect at the break-oven point. =
