Just need Break-even sales (units) & Break-even sales (dollars) for the Contribution Margin. And need 1 & 2 for Target Profit, income statements and questions provided. Thank you in advance.

bution Margin come Statement - Cover-to-Cover Cover-to-Cover Company Contribution Margin Income Statement For the Year Ended December 31 1 Sales $424,000.00 Variable costs: Manufacturing $254,400.00 Selling 21,200.00 Administrative 63.600.00 339,200.00 $84.800.00 Contribution margin Fixed costs: 4 more Check My Work uses remaining. All work saved. Email instructor Shaded cells Contribution Margin let Income Statement - Cover-to-Cover Sellin 21,200.00 63.600.00 Administrative 339.200.00 Contribution margin $84,800.00 Fixed costs: Manufacturing $5,000.00 Selling 4.000.00 10 Administrative 12.200.00 21,200.00 11. Income from operations $63.600.00 Fed Hy Work 4 more Check My Work uses remaining All work saved Emains Email instructor Suite Contribution Margin Target Profit Shaded celis nave feed Shaded cels have feeda Refer again to the income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statement panels. Note that both companies have the same sales and net income. Answer questions (1)-(3) that follow, assuming that all data for the coming year is the same as the current year, except for the amount of sales. If required, round answers to the nearest dollar 1. If Cover-to-Cover Company wants to increase its profit by $20,000 in the coming year, what must their amount of sales be? $504,000 X I Points: 0/1 Feedback Check My Work Check My Work 4 more Check My Work uses remaining All work saved. Email Instructor Submit Assignme O * a- en OON Contribution Margin Target Profit Shaded cels have feed Shaded cells nave feed ac 2. if Biblio Files Company wants to increase its profit by $20,000 in the coming year, what must their amount of sales be? $ Points Feedback Check My Work Examine the differences between the two companies, including the differences in elements of the target profit formula 3. What would explain the difference between your answers for (1) and (2/? heck My Work 4 more Check My Work uses remaining All work saved. Emainstructor Submit Asten Contribution Margin Shaded cels have feedback Review the contribution margin income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statements panels Complete the following table from the data provided in the income statements. Each company sold 84,800 units during the year Cover-to-Cover Company 20% Contribution margin ratio (percent) Unit contribution margin $1.00 Biblio Files Company 40% $2.00 53,000 $265,000.00 Break-even sales (units) Break-even sales (dollars) 500 X $4,000.00 X Points eck My Work 4 more Check My Work uses remaining All work saved. Email Instructor Submit Assignment for Gra Biblio Files Company Contribution Margin Income Statement For the Year Ended December 31 Sales $424,000.00 Variable costs: Manufacturing $169.600.00 Selling 16,960.00 Administrative 67.840.00 254,400.00 Contribution margin $169,600.00 Fixed costs: Manufacturing $88.000.00 (hp in Margin Statement - Biblio Files Saded cei Manufacturing $169,600.00 Selling 16,960.00 Administrative 67,840.00 254,400.00 Contribution margin $169,600.00 Fixed costs: Manufacturing 588,000.00 Selling Administrative 8,000.00 10,000.00 106,000.00 Income from operations $63.600.00