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In this prosect, yeu wil compiete MPVIIncome Statement for financlal reporting. You wif convert its income Satement inte a Contributicn Margin income Statement for management reporting purporet vou wil afferentiate betwees variable couts and fised couts and calculate iss breakeven. You will then redo the Contribution Marein inceme Statement based co different management predicticns and cilculate is breakeren and operating leverage. MPV/s mavimum capacity it 60,000 ueits per year. uctions: 1. Savby and thierby ecimpus Uiername A. Calculate the missing amounts in MVP's Income Statement presented for financial reporting purposes below: Additional information: Sales Price per unit: All variable expenses in the company vary in terms of units sold There was no change in inventory levels between the beginning and end of the year Hint: Operating income D. Calculate MVP's current breakeven point in both units and dollars; Dollars (use the Contribution Margin Ratio to calculate): n/a n/a Reduce selling price by: increase a dverting costs by. Poicted sales volume increase. n/a n/a m/a n/a n/a N/a n/a n/a n/a Hint: This amount represents the new seling price Hint: Per unit varlable costs are the same as the eri constant with changes in volume. However, te a. Areakeven in units b. Operating Leverage Multiplier: Hint: This amount represents the new advertising c. Given a sales volume increale of 8W, operating income will increase by: 6. Percent: d. Doliars: 4/h iv/A mN/A min/A In this prosect, yeu wil compiete MPVIIncome Statement for financlal reporting. You wif convert its income Satement inte a Contributicn Margin income Statement for management reporting purporet vou wil afferentiate betwees variable couts and fised couts and calculate iss breakeven. You will then redo the Contribution Marein inceme Statement based co different management predicticns and cilculate is breakeren and operating leverage. MPV/s mavimum capacity it 60,000 ueits per year. uctions: 1. Savby and thierby ecimpus Uiername A. Calculate the missing amounts in MVP's Income Statement presented for financial reporting purposes below: Additional information: Sales Price per unit: All variable expenses in the company vary in terms of units sold There was no change in inventory levels between the beginning and end of the year Hint: Operating income D. Calculate MVP's current breakeven point in both units and dollars; Dollars (use the Contribution Margin Ratio to calculate): n/a n/a Reduce selling price by: increase a dverting costs by. Poicted sales volume increase. n/a n/a m/a n/a n/a N/a n/a n/a n/a Hint: This amount represents the new seling price Hint: Per unit varlable costs are the same as the eri constant with changes in volume. However, te a. Areakeven in units b. Operating Leverage Multiplier: Hint: This amount represents the new advertising c. Given a sales volume increale of 8W, operating income will increase by: 6. Percent: d. Doliars: 4/h iv/A mN/A min/A