Mercy, a leading firm in the sports industry, produces basketballs for the consumer market. For the year ended December 31, 2017, Mercy sold 179 The following information also relates to 2017 (assume constant unit costs and no variances of any kind) 000 basketbalis at an average seling price of $37 per unit. Data Table (click the icon to view the 2017 data.) Read the requirements Requirement 1. Calculate the breakeven point (in basketballs sold) in 2017 under: (a) Variable costing and (b) Absorption costirg a. Calculate the breakeven point in units under variable costing Inventory, January 1, 2017: Inventory, December 31, 2017 Fixed manufacturing costs Fixed administrative costs Direct materials costs: Direct labor costs: 30,500 basketballs 21,500 basketballs Breakeven point Total fixed costs Contribution margin per unitunder variable costing 1,020,000 $ 4,726,400 9 per basketball 6 per basketball b. Calculate the breakeven point in units under absorption costing First, select te formula and enter the amounts. Then solve for Q in the next step. (Assume a. s the breakeven point in units. Abbre Mtg manufacturing.) Print Done BEP under Total fixed csts+ [ Fixed mfg rate l x ( Breakeven units Lunits produced )) / CM per unit costing . Choose from any list or enter any number in the input fields and then continue to the next question Type heretose arch ^ 11/18/2017