Laura Willis is the advertising manager for Bargain Shoe Store. She is currently working on a major promotional campaign. Her ideas include the installation of a new lighting system and increased display space that will add $58,800 in fixed costs to the $399,000 currently spent. In addition, Laura is proposing that a 5% price decrease ($60 to $57 ) will produce a 20% increase in sales volume (20,000 to 24,000). Variable costs will remain at $36 per pair of shoes. Management is impressed with Laura's ideas but concerned about the effects that these changes will have on the break-even point and the margin of safety. (a) Prepare a CVP income statement for current operations and after Laura's changes are introduced. Would you make the changes suggested? Compute the current break-even point in sales units, and compare it to the break-even point in sales units if Laura's ideas are implemented. (Round answers to 0 decimal places, eg. 5.275.) Current break-even point pairs of shoes New break-even point pairs of shoes eTextbook and Media Attempts: 0 of 2 used Compute the margin of safety ratio for current operations and after Laura's changes are introduced. (Round answers to 0 decinal places, eg, 15% ). Current margin of safety ratio New margin of safety ratio % \%