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nation.com/et/map/index.html?con conexternal browser-anchorleitt 253A%252F%252Fnewconnect education.com Nott YouTube Hulu Divyo Profesion by Ganesitrending Money Employment Part 02 Help Save & Exit $ Check my w Northwood Company manufactures Basketballs. The company has a bal that sells for $25. At present, the ball is manufactured in a sman plant that relies heavily on direct labor workers. Thus, variable expenses are high totaling $15.00 per ball of which 60% is direct labor cost Last year, the company sold 64.000 of these bals, with the following results, Sales 64.000 ball Variable expenses Contribution margin Fixed expenses et operating income $1,600,000 950,000 640,000 622.000 $ 213,000 Required: 1. Compute(last year's CM ratio and the break-even point in baland (6) the degree of operating leverage at last year's sales level 2 Due to an increase in laborates the company estimates that next year's variable expenses will increase by $300 per bat if this change takes place and the selling price per ball remains constant at $25.00 what will be next year's CM ratio and the break-even point in ball 3. Refer to the data in 12 above the expected change in variable expenses takes place, thow many halls will have to be sold next year to earn the same net operating income, 5213.000, asst year 4. Refer again to the data in above. The president feels that the company must is the sling price of its basicals i Northwood Company wants to maintain the same CM ratio as last year los computed in requirement at what selling price per a AM 2 O. S FO FO Flo F2 D LOOK > 2 S 4 3 96 5 6 8 7 C 9 ) 0 Back W E R T Y U 0 S D F G H K L X C V B N M 8 | | | | OPIX + 52Fnewconnect.medtation.com Bucation comvext/map/index.html?con.contemnal browser or launchuhet Ford Hone Net Youtube HD Posts Help Seve Part 02) Check 4. Refer again to the data in (2) above the president feels that the company must raise the selling price of its basketbalist Northwood Company wants to maintain the same CM ratio as last year (as computed in requirement la), what selling price per ball must it charge next year to cover the increased labor costs? 5. Refer to the original data. The company is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per ball by 40,00% but it would cause foed expenses per year to double if the new plant is built what would be the company's new CM ratio and new break-even point in baits? 6. Refer to the data in (5) above a. If the new plant is built how many balls will have to be sold next year to earn the same net operating income. $213.000, as last year b. Assume the new plant is built and that next year the company manufactures and sells 64,000 balls the same number as sold last year). Prepare a contribution format income statement and compute the degree of operating leverage Complete this question by entering your answers in the tabs below. Reg 1 Reg2 Reg 3 Reg4 Reg 5 Reg 6 Reg 68 Refer again to the data in Required (2). The president feels that the company must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year (as computed in requirement la), what selling price per ball must it charge next year to cover the increased labor costs 7 (Round your answer to 2 deor places Sering och O 1 SAMSUNG nation.com/et/map/index.html?con conexternal browser-anchorleitt 253A%252F%252Fnewconnect education.com Nott YouTube Hulu Divyo Profesion by Ganesitrending Money Employment Part 02 Help Save & Exit $ Check my w Northwood Company manufactures Basketballs. The company has a bal that sells for $25. At present, the ball is manufactured in a sman plant that relies heavily on direct labor workers. Thus, variable expenses are high totaling $15.00 per ball of which 60% is direct labor cost Last year, the company sold 64.000 of these bals, with the following results, Sales 64.000 ball Variable expenses Contribution margin Fixed expenses et operating income $1,600,000 950,000 640,000 622.000 $ 213,000 Required: 1. Compute(last year's CM ratio and the break-even point in baland (6) the degree of operating leverage at last year's sales level 2 Due to an increase in laborates the company estimates that next year's variable expenses will increase by $300 per bat if this change takes place and the selling price per ball remains constant at $25.00 what will be next year's CM ratio and the break-even point in ball 3. Refer to the data in 12 above the expected change in variable expenses takes place, thow many halls will have to be sold next year to earn the same net operating income, 5213.000, asst year 4. Refer again to the data in above. The president feels that the company must is the sling price of its basicals i Northwood Company wants to maintain the same CM ratio as last year los computed in requirement at what selling price per a AM 2 O. S FO FO Flo F2 D LOOK > 2 S 4 3 96 5 6 8 7 C 9 ) 0 Back W E R T Y U 0 S D F G H K L X C V B N M 8 | | | | OPIX + 52Fnewconnect.medtation.com Bucation comvext/map/index.html?con.contemnal browser or launchuhet Ford Hone Net Youtube HD Posts Help Seve Part 02) Check 4. Refer again to the data in (2) above the president feels that the company must raise the selling price of its basketbalist Northwood Company wants to maintain the same CM ratio as last year (as computed in requirement la), what selling price per ball must it charge next year to cover the increased labor costs? 5. Refer to the original data. The company is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per ball by 40,00% but it would cause foed expenses per year to double if the new plant is built what would be the company's new CM ratio and new break-even point in baits? 6. Refer to the data in (5) above a. If the new plant is built how many balls will have to be sold next year to earn the same net operating income. $213.000, as last year b. Assume the new plant is built and that next year the company manufactures and sells 64,000 balls the same number as sold last year). Prepare a contribution format income statement and compute the degree of operating leverage Complete this question by entering your answers in the tabs below. Reg 1 Reg2 Reg 3 Reg4 Reg 5 Reg 6 Reg 68 Refer again to the data in Required (2). The president feels that the company must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year (as computed in requirement la), what selling price per ball must it charge next year to cover the increased labor costs 7 (Round your answer to 2 deor places Sering och O 1 SAMSUNG