P20-2B, I need help with parts A and B please!!

AutoSave . Off H Arial working_papers_Ch20 -... Search Sign in X File Home Insert Draw Design Layout References Mailings Review View Help Share Comments & Cut 14 ~ A" A Aa Ap Find Arial AaBbCCD. AaBb( AaBbCCD AaBbC AaBbCcI AaBbC AaBbC AaBbC Paste [ Copy Gc Replace Emphasis 1 Heading 1 Heading 2 Heading 3 Heading 4 Heading 5 Heading 6 1 Heading 7 Dictate Editor Format Painter BIUvab X2 X A LA Select v Clipboard Font Paragraph Styles Editing Voice Editor . 1 . 1 . 1 . . 1 . 1 . 1 . 2 . 1 . 3 . 1 . 4 . 1 . 5 . 1 . 6 . 1 .7 . 1 . 8 . 1 . 9 . 1 .10. 1 1. 1 .12 1.13. 1.14 1 .15. 1 .16 1 17. 1 . 1.19. 1 P20-2B Huber Corporation has collected the following information after its first year of sales. Sales were $1,000,000 on 40,000 units; selling expenses $200,000 (30% variable and 70% fixed); direct materials $327,000; direct labor. $190,000; administrative expenses $250,000 (30% variable and 70% fixed); manufacturing overhead $240,000 (20% variable and 80% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 20% next year. Instructions ) Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current year. (Assume that fixed costs will remain the same in the projected year.) b) Compute the break-even point in units and sales dollars for the current year. PROBLEM 20-2B (2 ) (1 Current Year Projected Year Sales 1,000,000 1,200,000 Variable Costs: Direct Materials 327,000 Direct Labor 190,000 Manufacturing overhead 18,000 Selling expenses 60,00 Administrative expenses 75,000 Total Variable Costs Contribution Margin 300,000 (a) (2) Current Year Projected Year Fixed Costs: Manufacturing overhead 192,000 Selling expenses 140,000 Administrative expenses 175,000 Total Fixed Costs 607,000 (b) Unit Selling Price Unit Variable Cost Break-even point in units = Fixed costs : Unit contribution margin = $507,000 : Break-even point in dollars = Fixed costs : Contribution margin ratio = $507,000 : Page 3 of 9 1346 words DX English (United States) Focus + 66% Type here to search G w 3:02 PM 11/03/2021