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Hi, thank you for helping me out. Requirements: 1) correctly calculate CVP items such as contribution margin, break-even point, and target net income for a

Hi, thank you for helping me out.

Requirements:

1) correctly calculate CVP items such as contribution margin, break-even point, and target net income for a company.

2) please show the works

Problem 1:

Hint:

  • For (b) you should get 53%

image text in transcribed

Problem2:

Hint:

  • For (b) you should get $37,500
  • For (e) you should get $112,500

image text in transcribed

PA1. LO 3.1 A company sells small motors as a component part to automobiles. The Model 101 motor sells for $850 and has per-unit variable costs of $400 associated with its production. The company has fixed expenses of $90,000 per month. In August, the company sold 425 of the Model 101 motors. A. Calculate the contribution margin per unit for the Model 101. B. Calculate the contribution margin ratio of the Model 101. C. Prepare a contribution margin income statement for the month of August. EA5. LO 3.2 Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. A. What is the company's break-even point in units? B. What is the company's break-even point in dollars? C. Construct a contribution margin income statement for the month of September when they will sell 900 units. D. How many units will Maple need to sell in order to reach a target profit of $45,000? E. What dollar sales will Maple need in order to reach a target profit of $45,000? F. Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume

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