Mr 23 Homework Assignment i 10 3 www sland Novelties, incorporated of Pau makes two products-waan Fartany and Tinta Joy Each products sating price, wanit expense per unit and annual sales volume are as follows Selling price per t Verial e expense per Fixed expenses total $850.500 per year Required 1. Assuming the sales mix given above, do the following Prepare a contribution format income statement showing both dollar and percent columns for each product and for the company as a whole. Compute the company's break-even point in dollar sas Also, compute its margin of safety in dolors and margin of safety percentage 2. The company has developed a new product called Samoan Delight that sells for $60 each and that hes variable expenses of per unit. If the company can sell 21,000 units of Semoan Delight without incurring any additional ved expenses Prepare a revised contribution format income statement that includes Samoan Delight Assume that sales of the other w products does not change. b. Compute the company's revised break-even point in dollar sales. Also, compute its revised margin of safety in dol of safety percentage Complete this question by entering your answers in the tabs below. RIA Assuming the sales mix given above, do the following: Compute the company's break even point in dollar sales s compute as mangin of safety in dollars and its margin of safety percentage (Do not round your intermediate calculations Round your "Margin of safety percentage final answer to 1 decimal place (e 0.1234 should be entered as 12.31 Round your other final answers to the nearest whole dollar) Prev 36 Next > B Agents Magerial Resuming D 2.3 Homework Assignment 10. 3 Question 3-2.3 H Assigment Hurthest Company M Help Save & Exit Submit per unit. If the company can sell 21,000 units of Samoan Delight without incurring any additional fixed expenses: Prepare a r a revised contribution format income statement that includes Samoan Delight. Assume that sales of the other two products does not change a. b. Compute the company's revised break-even point in dollar sales. Also, compute its revised margin of safety in dollars and margin of safety percentage Complete this question by entering your answers in the tabs below. As 01 Pri Req 1A Req 18 Req2A Req 20 Assuming the sales mix given above, do the following: Prepare a contribution format income statement showing both dollar and percent columns for each product and for the company as a whole. Island Novelties, Incorporated Contribution Income Statement Hawaiian Fantasy Amount Tahan Joy Amount Total % Amount % % + $ 0 0 $ 0 0 Req 10> $ 0 10 points Ask 2. The company has developed a new product called Samoan Delight that sells for $60 each and that has variable expenses of $48 per unit. If the company can sell 21,000 units of Samoan Delight without incurring any additional fixed expenses a. Prepare a revised contribution format income statement that includes Samoan Delight. Assume that sales of the other two products does not change. b. Compute the company's revised break-even point in dollar sales. Also, compute its revised margin of safety in dollars and margin of safety percentage. Complete this quesdon by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Print Assuming the sales mix given above, do the following: Compute the company's break-even point in dollar sales. Also, compute its margin of safety in dollars and its margin of safety percentage. (Do not round your intermediate calculations. Round your "Margin of safety percentage" final answer to 1 decimal place (le 0.1234 should be entered as 12.3). Round your other final answers to the nearest whole dollar.) Break-even point in dollar sales Margin of safety in dollars Margin of safety percentage Show less 10 points Samoan Delight that sells for $60 each and that has variable expenses of $48 per unit. If the company can sell 21,000 units of Samoan Delight without incurring any additional fixed expenses a. Prepare a revised contribution format income statement that includes Samoan Delight. Assume that sales of the other two products does not change. b. Compute the company's revised break-even point in dollar sales. Also, compute its revised margin of safety in dollars and margin of safety percentage. Complete this question by entering your answers in the tabs below. Ask Req 1A Req 15 Print Re2A Req 28 The company has developed a new product called Samoan Delight that sells for $60 each and that has variable expenses of $45 per unit. If the company can sell 21,000 units of Samoan Delight without incurring any additional fixed expenses: Prepare a revised contribution format income statement that includes Samoan Delight. Assume that sales of the other two products does not change. (Round your "Percentage" answers to 1 decimal place (ie 0.1234 should be entered as 12.3).) Show less Island Novelties, Incorporated Contribution Income Statement Hawaiian Fantasy Tahitian Joy Samoan Delight Total Amount % Amount % Amount % Amount % $ 0 00 $ 0 00 $ 0 0.0 0 0.0 $ Reg 18 20> 3 10 points Ask Print +1 percentage. Suw is margin of safety in dolars and its margin of safety 2. The company has developed a new product called Samoan Delight that sells for $60 each and that has variable expenses of $48 per unit. If the company can sell 21,000 units of Samoan Delight without incurring any additional fixed expenses a. Prepare a revised contribution format income statement that includes Samoan Delight. Assume that sales of the other two products does not change. b. Compute the company's revised break-even point in dollar sales. Also, compute its revised margin of safety in dollars and margin of safety percentage Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Reg 2A Req 28 The company has developed a new product called Samoan Delight that sells for $60 each and that has variable expenses of $48 per unit. If the company can sell 21,000 units of Samoan Delight without incurring any additional fixed expenses: Compute the company's revised break-even point in dollar sales. Also, compute its revised margin of safety in dollars and margin of safety percentage. (Do not round your intermediate calculations. Round your "Margin of safety percentage" final answer to 1 decimal place (i.e 0.1234 should be entered as 12.3). Round your other final answers to the nearest whole dollar) Break-even point in dollar sales Margin of safety in dollars Margin of safety percentage Req2A Show