no need for explanations please just the answers, thank you so much!!

Northwood Company manufactures basketbalis. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $15.00 per ball, of which 60% is dired labor cost. Last year, the company sold 60.000 of these balls, with the following results: Required: 1. Compute (a) last ycar's CM ratio and the break-even point in balis, and (b) the degree of operating ieverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball. If this change takes place and the selling price per ball remains constant at $25.00, what will be next year's CM ratio and the break-even point in balls? 3. Refer to the data in (2) above. If the expected change in variable expenses takes place, how many balls will have to be sold next year to earn the same net operating income, $225,000, as last year? 4. Refer again to the data in (2) above. The president feels that the compary must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year (as computed in requirement 1a), what selling price per ball must it charge next year to cover the increased labor costs? 5. Refer to the oxiginal data. The company is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per bals by 40.00W, but it would cause fixed expenses per year to double. If the new plant is buit, what would be the company's new CM ratio and new break-even point in bolls? 6. Refer to the dato in (5) above a. If the new plant is built, how many balls will have to be sold next year to earn the same net operating income, $225,000, as last year? b. Assume the new plant is built and that next year the company manufactures and sells 60.000 balls (the same number as sold las! year) Prepare a contribution formot income statement and compute the degree of operating leverage. 4. Refer agan 10 the cath in (2) dogve. The president feels that the comparyy must raise the seling price of its bagkethalis. If Northwosd Compony wants to maintain the same-GM ratio as lostyear (as computed in recuirement tapi what seling price per thail ment it charbe rext yese to cover the iricressed latar costs? 5. Refer to the criginal data. The cempany is discussing the canstructiof of a new, automahed marufbcturing plant. The netw ptant would siash wariable expenses per bal by 4000%, but a would couse focd exponses per yoar to double. If the new plant is built, what wowid be the comparis's new CA ratio and new break-even point in balis? 6. Aefer 90 the dinth in (5) abceve. a. If the new plant is bult, how many bals whe haye io be sigig next year to earn the same ret oporating income, 5225,000 , as last ystart b. Assume the new plant is buit and thot next yese the compary manufactures and sells 60.000 bsis ithe same humber as sald iast yely Pregate a coenribution format inceme stmement and compute the degree of eperating leverage Complete this queatien by entering your antwern in the tabs below. Compule \{a) iml vear's CMt ratio ang the treakeven point in bails, ahd tbj the degree of operating keverage at last yeer's 4. Refer agan 10 the cath in (2) dogve. The president feels that the comparyy must raise the seling price of its bagkethalis. If Northwosd Compony wants to maintain the same-GM ratio as lostyear (as computed in recuirement tapi what seling price per thail ment it charbe rext yese to cover the iricressed latar costs? 5. Refer to the criginal data. The cempany is discussing the canstructiof of a new, automahed marufbcturing plant. The netw ptant would siash wariable expenses per bal by 4000%, but a would couse focd exponses per yoar to double. If the new plant is built, what wowid be the comparis's new CM ratio and new break-even point in balis? 6. Aefer 90 the dinth in (5) abceve. a. If the new plant is bult, how many bals whe haye io be sigig next year to earn the same ret oporating income, 5225,000 , as last ystart b. Assume the new plant is buit and thot next yese the compary manufactures and sells 60.000 bsis ithe same humber as sald iast yely Pregate a coenribution format inceme stmement and compute the degree of eperating leverage Complete thit queatien by entering your antwern in the tabs below. Compule \{a) iml vear's CMt ratio ang the treakeven point in bails, ahd tbj the degree of operating keverage at last yeer's Year to eam the same not aperating income, $225,000, as last yeur? 4. Ricfer again 10 the cata in (2) above. The president feels that the company must raise the selling price of its baskethatis, if Nertiwood Company wans to mairto ho the same CM ratio as last year fas computed in requbement tal what setling price per bay must it chage nexy year to cover the increased labor cests? 5. Reder to the origind data. The company is discussing the construction of a new, actomated manufacturing plant. The new plant would slsss varinble expenses per ball by 4000x, but it would couse tacd expenses per year to double. If the new ptant is built, what would be the cempony's new CM rato and new breakeven poivt in bals? 6. Peper to the dota in is above. a f the rew plant is bult: how many balls wit have to be sold next year to earn the same net operating income, $225.000, as kast year? b Asume the new paant is buil and that next year the company manufactures and sells 60,000 balls the same number as sold isy yearl. Prepare a contributien format income statement and compute the degree of operatirg leverago. Camplete this pvetion by entering your atwwers in the taks below. Dut to an incrusie is leber rates, Ee conpasy estimates that next year's variable experces war increase by 33.60 per ball, if this change tawes place and the seling price pe beit remains constant at 325.60 , what will be neat year's CH ratio and the point in bals? 3. Aefer te the data in (2) abeve. If the expected change in variabie expenses thies place. Aow many buis will have to be sold heat yeat to earn the same net operating income; $225,000, as last year? 4. Aefor again to the dita in 121 abovo. The president fees that the company must ralse the selling price of its basketballs. If Nerthwood Compary warts to maintain the same CM ratio as last year (as computed in requirement lal, what solling price per ban must it charge next year to cover the incieased labor costs? 5. Rofer to the original data. The compsny is discussing the constuuction of a new, automated manufacturiag plant. The new plant. Would slash variable expenses por ball by 4000%, but it would cause fowd expenses per year to doublo, If the new plant is bult, what woudd be the comporrys new CM ratio and newbreak-even paint in bolls? 6. Aefer to the dats in (5) obove a. If the new plant is buit, how many bals wil have to be sold neut year to earn tho same net operaling incame, $225,000, as lars yesin 5. Assume the new plant is buill and that next yeur the company manufoctures and sells 60,000 bals hine same number as sold hast yeari, Prepsere a contribution formas income statement and compuse the degree of operating leverage. Complete thir question by entering your kstwens in the tabs below. Aeder eo the data in (2) above. If the expected change in variabie ewperves maiss place, how many bels wil have to be wold next year to earn the aame net operating incone, $225,000, as last year? fkeund yeur arawer to the nearest whale ungs point if bats? 3. Refor to the deta in (2) above if the expected change in variable expenses takes place, how mary balis will have to be sald next yeur to earn the same net eperating inceme, 5225,000 , ass last year? 4. Refer agais 10 the dsta in {21 above. The president foels that the compary must raise the selling price of its baskotbalts. If Noratwood Compeny wants to maintain the same CM rotio as last year fas computed in requirement kal, what selling grice per baf must it charge nextyear to cover the increased labor costs? 5, Refer to the onginai data. The company is dscussing the corstruction of a new, automated manufacturing plant. The new plant. would stash varable expenses per bal by 4000x, but it would cause fued expenses per year to double. If the new plant is buikt what woula be the company's new CM ratio and new break-evn point ia bals? 6. Refer to the deta in (5) above. a. If the new plant is bult, how many bals wit have to be sold next year to eatn the same net operating income, $225,000,55 last. year? b. Assume the rew plant is bult and that next year the compayy thanyfactures and sells 60,000 bals athe same number as sold inst year Prepare a contribution format income statement and compute the degree of operating leverage. Complete this question by entering yeur answen in the tabs below. atfr agein to the date in (2) obove. The president feels bat the company mut raise the seling price of its basckettalis. It pet Sal muat i charge next year ts cover the increared daber costs? (Eouind voor ansiner to. 2 dechengl plocies). point in bals? 3. Hefer to the data in (2) abeve, If the expected change in variable expenses takes place, how many balls will have to be soid nees year to eam the same net operming income, $225000, as last year? 4. Acfer sgan to the data in (2) obove. The presidens feeis that the compary must ratse the seling peice of its baskerbalis, it Nothwood Compory wants to maintain the same CM ratio as last year (os computed in requirement laki whot selling price per bst must it charge nent year to cover the increbsed labor costs? 5. Refer to the coiginal data. The compary is discussing the constiuction of a new, outomated manufacturing plant. The new piant would stash veribble expenses per bel by 40.00N, bul it would cause fixed expenses per year to double. If the new plant is bult, what would be the company's new CM raso and new breskeven peint in bols? 6. Pefer to the data in (5) above. a if the new plant is balt, how mary balls wall have to be sold next year to each the same net operating inceme, $225,000, as last. yos? b. Assume the new plon is buit and that next year the compiny manufactures and solk 60,000 balls (the sampo rumber as sold hast yemg. Prepare a contrbution format income watement and compute the oogree of operating leverage. Cemplate this queitien by eatering veur answers in the tabd below. Melt to the onginal data The coctpary is discussing me constructien of a new, automated manufacturing plant. The new places and zunt ales to break even to the nearest whole unt.) paint in buls? 3. Aefee to the dsta in (2) abene. If the expected change in varible expenses takes place, hew many byis wil have to be sold next year be esin the sathe net eperating inecene. 5225,000 , as last year? 4. Refer agoia to the dasd in (2) above. The pretibent feels that the company must raise the seling price of its busketbals. If Narthwode Compary warts to mainan the same CM fats as tast year (as computed in requirement ha) what selling price per ball mest if charbe next year to cover the increased labor costs? 5. Pefer to the original data. The company is discussing the construction of a new, outomased manufacturing plant. The new plant would stash vatioble expenses per bali by 4000% but it would cause fixed expenses per year to double. If the now plant is buit. what vould be the cempaeys new cM ratio and ncw break-ewen point in bele? 5. Pefer 40 the data in (5) above a. If the new piwn is buit, how many bols wil haye-to be sold nexs year to earn the same net operating incame, 5225 , oc0, as last YCiri? 6. Assume the new plant is beil and that neut yesr the company manuloctures and selis 60.000 bass fthe same number as sold iast year. Pregare a contribution format income stabement and compute the tengree of operating ieverage. Coniglete this question by enterisy your answers in the tabs below. If the neia plant is buil, hoiw inany balls will have bo be sold next vear to earh the some ist ogerabing income, $225,009, as hat pear? Aound yeur ansmor to the nearest whole unc. yerout b. Assume the new plant is built and that next year the company manufactures and sells 60,000 balls (the same number as sold to year) Prepare a contribution format income statement and compute the degree of operating leverage. Complete this question by entering your answers in the tabs below. Assume the new plant is buit and that next year the company manufactures and sals 60,000 balis (the same number as sold last year). Prepare a contribution format income statement and compute the degree of operating leverage. (Round "Degree of operating leverage" to 2 decimal places.)