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need help with this question please Question 1 The vice-president of sales and marketing, Madison Tremblay, is trying to plan for the coming year in

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Question 1 The vice-president of sales and marketing, Madison Tremblay, is trying to plan for the coming year in terms of production needs to meet the forecasted sales. The board of directors is very supportive of any initiatives that will lead to increased profits for the company in the upcoming year, Waterways markets a simple water controller and timer that it mass produces. During 2020, the company sold 370,000 units at an average selling price of $8 per unit. The variable expenses were $1,350,000, and the foxed expenses were $927,000 What is the product's contribution margin ratio? (Round answer to 2 decimal places, y. 22.25.) Contribution margin ratio What is the company's break-even point in units and in dollars for this product? (Hound intermediate calculation to decimal places 15.25 or 16.25% and finalanswers to decima places, e.. 5,275.) Break-even point in units units Break-even point in dollars What is the margin of safety, both in dollars and as a ratio? (Round ratio to 2 decimal places, g. 25.25) Margin of safety in dollars By Mary of safety ratio FUEREN PRINTER VERSION * RACK management wanted to increase income from this product by 10%, how many additional units would the company have to sell to reach this income level? (Round answer to decimal places p.5,225.) Waterways would have to an additional units if sales increase by 82,000 units and the cost behaviours do not change, how much will income increase on this product? Income will increase by Waterways is considering mass-producing one of its special-order screens. This would increase variable costs for all screen by an average of $0.82 per unit. The company is estimates that this change could increase the overall number of screens sold by 10%, and the average sales price would increase by 50.29 perunt. Waterways currently sells 570,000 screen units at an average selling price of $28.00. The manufacturing costs are $7.962,000 variable and $2.378,160 feed. Selling and administrative costs are $3,096,000 variable and $922, 140 fixed Waterways begins mass-producing its special-order screens, how would this affect the company (Round contribution margin ratito I decimal place, .g. 15.2 and operating Income to O decimal places, a: 5,275) Current New Effect Contribution margin ratio by Operating Income . by $

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