Norwood Company Manufax + Wat Chapters Homework newconnect meducation com flow/connect html ter Sex Homework Help Save & Ex Chec Island Novelties, Inc., of Palau makes two products - Hawaiian Fantasy and Tahitian Joy. Each product's selling price, variable expense per unit, and annual sales volume are as follows: Hawaiian Fantasy Tahitian Jay Selling price per unit Variable sense per unit Number of units sold annually Foxed expenses total $850.500 per year Required: 1. Assuming the sales mix given above, do the following n. Prepare a contribution format income statement showing both dollar and percent columns for each product and for the company as a whole b. Compute the company's break-even point in dollar sales. Also, compute its margin of safety in dollars and its margin of safety percentage 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 the company can sell 21000 units of Samoan Delight without incurring any additional foued 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. WabonX Chapter Six Howo Xe Norwood Company Marx newconnect. meducation comow/connect him er Six Homework Help Save & Exit Sub Check my wor Complete this question by entering your answers in the tabs below. RG LA Rets Reg 2 Reg 20 Assuming the sales mis given above, prepare a contribution format income statement showing both dollar and percent columns for each product and for the company whole Contribution Income Statement Reg 18 > 9 M newconnecmeducation como er Sex Homework Complete this question by entering your answers in the tabs below. Red 2A Assuming the sales given above, compute the company's break-even point in dollar sales. Also, compute its margin of safety in dollars and margin of safety percentage (Do not round your intermediate calculations. Round your "Margin of afety percentage final answer to ideal place ( 0.1234 should be entered as 123). Round your other lawrto Break even point in sales Margin of safety in Magnety centage 9 M * Chapter Six Homework Northwood Company Manufac + connect. education.com/flow/connect.htm mework Help Save & Exit Submit Check my work Reg 1A Reg 18 Reg 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 Samoan Delight without incurring any additional food expenses. Prepare a revised contribution format income statement that includes Samoan Delight. Assure other two products does not change. (Round your Percentage answers to 1 decimal place (1 0.1234 should be entered as 12.3).) Island Novelties, Inc., Contribution Income Statement Hawaian Fantasy Tahitian Joy Amount Amount Samoan Delight Amount Total Amount 000S 000% 000 000% (Reg 1B Rey 28 > mywce Waubon Chapter Six Homework Norwood Company Manuar X + newconnect education.com/flow/connect.html apter Six Homework Save & Ched Req1A Req18 Reg 2A Reg 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 fed expenses Compute the company's revised break-even point in dollar sales Ale, 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 de 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 salty in dollars Margin of safety percentage
