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CALCULATOR PRINTER VERSION BACK NEXT the composite models of the kayak division. They have provided the following production and operational costs necessary to produce one composite kayak Kevlar Resin and supplies Finishing kit (seat, rudder, ropes, etc.) Labor Selling and administrative expenses-variable Selling and administrative expenses-fixed Manufacturing overhead--fixed $240 per kayak $180 per kayak $180 per kayak $490 per kayak $470 per kayak $192,600 per year $240,000 per year Bill and Diane have asked you to provide a cost-volume-profit analysis, to help them finalize the budget projections for the upcoming year. Bill has informed you that the selling price of the composite kayak will be $2,400 Your answer is correct. Calculate variable costs per unit. Variable costs 1.560 per unit Your answer is correct. Determine the unit contribution margin. Contribution margin 340) per unit SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. Using the unit contribution margin, determine the break-even point in units for this product line. Break-even point 431.7600 units CALCULATOR PRINTER VERSION BACK NEXT x Your answer is incorrect. Try again. Assume that Current Designs plans to earn net income of $394,800 on this product line. Using the unit contribution margin, calculate the number of units that need to be sold to achieve this goal. Number of units to be sold 514 units x Your answer is incorrect. Try again. Based on the most recent sales forecast, Current Designs plans to sell 1,030 units of this model. Calculate the margin of safety and the margin of safety ratio. (Round percentage to I decimal place, 25.5%.) Margin of safety 515 Margin of safety ratio 99.86 Click if you would like to Show Work for this question: Open Show Work 175