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Laraby Company produces a single product it sold 1 , 0 0 0 units last year with the following results: ( 3 0 points )

Laraby Company produces a single product it sold 1,000 units last year with the following results:(30 points)Required:Sales (1,000 units)Less varable expensesContribution marginLess fixed costsNet incomeTotal25,00020,0005,0003,0002,000(1)(3)Compute the break-even point in units.Compute the break-even point in $ sales.Compute the margin of safety.Per Unit $25.0020.00$ 5.00(5)How many units should be sold in order to increase net income to $5.000.Prepare a new income statement under each of the following conditions (consider each case independently):Variable expenses increase by $3.00 per unit, the selling price increases by 10% and the sales volume decreases by 5%.Variable expenses decrease by 10%, the selling price per unit decreases by 20%, the sales volume increases by 5%.. and fixed costs increase by 80%.
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