On December 15, 20X2, you began as the new CFO of Trilogy Inc. Trilogy produces and manufactures stainless steel water bottles. You inherited the business (along with all of its problems) from your father. Although your father is still alive and well, he has clearly stated he no longer wants anything to do with the business. It is now February 15, 20X3, and you have just finished preparing the 20X2 annual reports. During the process, you noticed many things that were unorganized and did not make sense. Also, you were very disappointed to learn that the company finished the year in a deficit. You believe Trilogy is a good company; however, there are many improvements that could be made to increase efficiency and boost profit. You just have to find them. As a starting point, you called a meeting with the junior accountant. You asked him to provide you with a break-even analysis for Trilogy. The junior accountant stated that an analysis of this nature had never been performed and, although he could remember learning about a break-even analysis in university, he wasn't sure how to carry out this task. You realized that you should probably just do this on your own, as the junior accountant wasn't going to be much help. The junior accountant provided you with a list of revenues and expenses (Exhibit 1). He stated that most of the expenses are straightforward as to whether they are a fixed or a variable cost with the exception of the "other costs." After some discussion, you learn that the "other costs" are made up of depreciation, which is calculated using the straight-line method, and maintenance, which varies directly with the level of sales. You quickly jot down a "to-do list" of the tasks you would like to complete by the end of the week: 1. Calculate the break-even point. 2. Use the break-even analysis to identify areas that could be improved to increase overall profitability. 3. Calculate High and Low Methods 4 calculate Regression Required Complete both items on your to-do list. For item 2, discuss each of the areas you identify for improvement and outline the steps that would need to be taken in order to implement and achieve the improvement. Required Complete both items on your to-do list. For item 2, discuss each of the areas you identify for improvement and outline the steps that would need to be taken in order to implement and achieve the improvement.

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Complete both items on your to-do list. For item 2, discuss each of the areas you identify for improvement and outline the step in order to implement and achieve the improvement. Required Complete both items on your to-do list. For item 2, discuss each of the areas you identify for improvement and outline the step in order to implement and achieve the improvement