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I am stuck in this part would somebody help me? Booth Company had sales in 2020 of $1,695,000 on 67,800 units. Variable costs totaled $1,017,000

I am stuck in this part would somebody help me?

Booth Company had sales in 2020 of $1,695,000 on 67,800 units. Variable costs totaled $1,017,000 and fixed costs totaled $482,000.

A new raw material is available that will decrease the variable costs per unit by 20% (or $3.00). However, to process the new raw material, fixed operating costs will increase by $115,000. Management feels that two-thirds of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 4% increase in the number of units sold.

Prepare a projected CVP income statement for 2020 assuming the changes have not been made.image text in transcribed

Prepare a projected CVP income statement for 2020 assuming the changes have not been made. Booth Company CVP Income Statement For the Year Ended Decembe 31, 2020 Cante Textbook and Media

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