please answer ALL question 1-5 and read detailed statement bellow

please answer question 1-5. for question one please create a DETAILED CVP Income Statement including: cost of goods sold, selling expenses, and administrative expenses for both fixed and variable costs. please show work and formulas. Project 1: CVP Income Statement (10 p.) en de to Master the deadline specified by your w. Do NOT nel your file The following information pertanto Fun in the Sun Ineje kofecture udgeted production for the coming year Direct materials per $ 573 Direct labor per Variable overhead per 70 Total fixed overhead 850 Budgeted selling and administrative costs for the coming year Fixed selling & dringende $107.000 Sales commission per In the coming year. Fun in the Son plans to produce and Sell 710 skisaf e price of $1,330 noch Instructions for Project 11 1. Prepare a CVP income tant 2. Calculate the breakeven point in its and sales dollers 3. Calculate the margin of safety 4 Calculate the margin of safety rate 5. If fun in the surronts to earn net income of $165.000, itsel Project 1: CVP Income Statement (10 points) Instructions: Prepare your solutions in Excel, and upload your Excel file to Moodle by the deadline specified by your instructor. Do NOT email your filel The following information pertains to Fun in the Sun, Inc., a jet ski manufacturer: Budgeted production costs for the coming year: Direct materials per ski 575 Direct labor per ski Variable overhead per ski 70 Total fixed overhead 44,850 Budgeted selling and administrative costs for the coming year: Fixed selling & admin expense $ 102,000 Sales commission per ski 75 In the coming year, Fun in the Sun plans to produce and sell 710 skis at a price of $1,330 each. 280 Instructions for Project 1: 1. Prepare a CVP income statement. 2. Calculate the breakeven point in units and sales dollars. 3. Calculate the margin of safety. 4. Calculate the margin of safety ratio. 5. If Fun in the Sun wants to earn net income of $165,000, how many units must it sell