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For this project, you will create a scenario for a business or other organization and use CVP analysis to show the following: 1. Breakeven in

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For this project, you will create a scenario for a business or other organization and use CVP analysis to show the following: 1. Breakeven in units 2. Breakeven in dollars 3. Target sales in units for achieving a $50,000 target NI 4. Target sales in dollars for achieving a $50,000 target NI 5. You realize that your scenario's actual capacity is limited to its breakeven number of units (BEu, as calculated in #1 above). Calculate what the new sales price (SP) should be in order to achieve a $10,000 NI using the BEu (#1 above) for sales volume (Q). 6. Same as #5, except this time calculate what the new variable cost per unit (VC) would need to be in order to achieve a $10,000 NI using the BE (#1 above) for sales volume (Q). Requirements: A. Define each CVP variable for your scenario: SP = VC = FC = B. Calculate: CM per unit = CM ratio = C. Calculate #1 - 6 above, showing all calculations The following items could appear on a bank reconciliation: a. Outstanding checks, $670. b. Deposits in transit, $1,500. C. NSF check from customer, no. 548, for $175. d. Bank collection of note receivable of $800, and interest of $80. e. Interest earned on bank balance, $20. f. Service charge, $10. g. The business credited Cash for $200. The correct amount was $2,000. h. The bank incorrectly decreased the business's by $350 for a check written by another business. Classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance

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