Need help with this. Problem: P5-2A

If you can show step by step how you got to your answer I'd appreciate it. Thanks in advance

Magazines $25 per month Vin currently charges $10 per haircut. Instructions (a) Determine the variable costs per haircut and the total monthly fixed costs. (b) Compute the break-even point in units and dollars. (c) Prepare a CVP graph, assuming a maximum of 1,800 haircuts in a month. Use incre- (a) VC $5 ments of 300 haircuts on the horizontal axis and $3,000 on the vertical axis. (d) Determine net income, assuming 1,600 haircuts are given in a month. P5-2A Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is Prepare a CVP income sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2017, management estimates the following revenues and costs. even point, contribution margin ratio, margin of sa Sales Direct materials Direct labor Manufacturing overhead- $1,800,000 Selling expenses-variable $70,000 ratio, and sales for targetn 430,000Selling expenses fixed 360,000 Administrative expenses- 380,000 Administrative expenses- 280,000 65,000 ncome. 20,000 60,000 (LO 3, 4, 5), AN variable variable Manufacturing overhead- fixed XLS fixed Instructions (a) Prepare a CVP income statement for 2017 based on management's estimates. (Show column for total amounts only.) (b) Compute the break-even point in (1) units and (2) dollars. c) Compute the contribution margin ratio and the margin of safety ratio (Round to nearest (b) (1) 2,700,000 units (c) CM ratio 30% full percent.) (d) Determine the sales dollars required to earn net income of $180,000. P5-3A Tanek Corp.'s sales slumped badly in 2017. For the first time in its history, it oper- Compute break-even point ated at a loss. The company's income statement showed the following results from selling under alternative courses 500,000 units of product: sales $2,500,000, total costs and expenses $2,600,000, and net of action loss $100,000. Costs and expenses consisted of the amounts shown below (LO 4), E