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i neednit as soon as possible please S / / / Cost-Volume-Profit Wakky Company sells widgets for $65 each. The variable cost per widget is

image text in transcribed i neednit as soon as possible please
S / / / Cost-Volume-Profit Wakky Company sells widgets for $65 each. The variable cost per widget is $44.85 and the total fixed cost is 5867,350 annually. Current sales volume is 95.000 widgets Management is considering the following changes Alternative #1: Lease a new packaging machine for $20,000 annually which will reduce variable cost by S. 52 per widget Alternative #2: Increase selling price by 3% to help offset an expected 30% increase in foxed cost. Alternative 3: Reduce fixed cost by 25% by moving to a lower rent location. This would cause variable cost to increase by 13% REQUIRED: Considering the current situation and each possible alternative separately from each other e following: 1. Complete the grid below for the current level of production and each of the alternatives For each alternative refer to the current data fround to 2 decimal places) Curr Alternative #1 Alternative #2 Alternative #3 Unit selling price Unit variable cost Unit contribution margin Contribution margin ratio Fixed costs Net income 2. Respond to the questions below in the space provided. a) Calculate the net income assuming Alternative #1 and sales of 60,000 widgets b) Determine the current break-even point in both units and dollars. c) Determine the break-even point in both units and dollars for Alternative 1. d) Determine the break-even point in both units and dollars for Alternative #2. e) Determine the break-even point in both units and dollars for Alternative 3. 1) Determine the volume of sales in both units and dollars to earn net income of $225.000 assuming Alternative ) Determine the volume of sales in both units and dollars to earn net income of $225,000 assuming Alternative #2 h) Determine the volume of sales in both units and dollars to earn net income of $225.000 assuming Alternative 3 1) If the company maintains the current level of sales (70,000 widgets) which alternative. If any would you choose? Why???? 1) Would your answer to i be the same if the current quantity of widgets sold decreased by 2027 Why?? VX DN / / / / / AN / / / / / /

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