part 1,2,3 plz

ACG 2071 -Comprehensve Problem ili When submitting the completed project, it should include: 1. Please show all work and number each answer accordingly. 2 Round all answers to two decimal places Nottingham News Company has the rights to sell and deliver the city newspoper in a designated area in the country. A monthly subscription sells for $30.00 and Nottingham News pays $10.00 per month for each newspaper subscription. In addition to this variable cost, Nottingham News has fixed costs of $3,000 per month. Nottingham News currently activity level is 700 subscriptions. Required: Calculate the contribution margin ratio and explain the ratio as it pertains to Nottingham News Company 1. 2. Use the mathematical formula to calculate Nottingham News monthly breakeven 3. Use the shortcut contribution margin approach to calculate Nottingham News 4. Prove the breakeven point by preparing a contribution margin income statement point in units (number of subscriptions). monthly breakeven in units (number of subscriptions) which you calculated in number one to compute Nottingham News' breakeven point in sales dollars. 6. Calculate the margin of safety ratio and explain the ratio as it pertains to Nottingham News Company. The owner of Notingham News' wants to eam a $10,000 proflt per month. Calculate the sales volume in units (number of subscriptlons) and sales dollars required to achieve this level of profit Port-Effect of Sales Mix on Fat Cat Fumiture store sells two types of products cat beds and scratching posts. Over the year Fat at sold 6,000 cat beds and 4,000 scratching posts, the sales mix of 6,000 beds to 1,000 posts creates a percentage of 60% for the cat beds and 40% for the scratching posts. Fat Cat's total fxed costs are $40,000. The cat bed's unit selling price is $44.00 and varloble costs per bed are $24.00. The scratching post's unit selling price is $100.00 and variable cost per post is $30.00. Reauired: 1. Calculate the welghted average contribution margin per unit 2. Calculate Fat Cat's breakeven point in units for the "package* of products. 3. Colculate how many units of each product line the company must sell tn order to breakeven. Calculate the sales dollars required of each product line to breakeven Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula. 4. Prove the breakeven point by preparing a contribution margin income statement Make sure to provide three columns: one for Cat Beds, one for Scratching Posts, and one for Total. 5. 6. The owner of Fat Cat Fumiture wants to earn a $60,000 profit. Calculate the sales volume in units and total sales dollars of each product line the company must sell in order to earn $60,000 in profit. Do not use the welghted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula. worth a total of 5 points) How will changes in sales price, variable or fxed costs, affect the breckeven point? Answer the question using the chart below. Effect Result Unit 5. Total Fixed Cost Increase