Please help!

Boyd makes its product for approximately $3,400 each and sells them for $5,600 each. Management budgets monthly fixed costs of $530,750 for sales volumes between 0 and 1,000 units of product. The company sold 500 units in 2024. Use the information given to calculate the following for 2024: Use the contribution margin approach to prepare a contribution format income 8 statement for Boyd Corporation Use the contribution margin approach to compute the company's annual 9 breakeven point in units. Use the contribution margin ratio approach to compute the breakeven point in 10 sales dollars. Use the contribution margin approach to compute the annual sales level (in 11 units) required to earn a target operating income of $755,000. Use the contribution margin approach to compute the annual increase in net 12 operating income if sales increase to 501 units. Use the contribution margin approach to compute the annual decrease in net 13 operating income if sales fall by 90 units. Use the contribution margin approach to compute the change in net operating income if the selling price per unit increases by $20 and the sales volume 14 decreases by 50 units. Use the contribution margin approach to compute the change in net operating income if the sales increase by 10% and advertising spending is increased by 15 $2,000. Use the contribution margin approach to calculate margin of safety in dollars 16 and as a percent. Use the contribution margin approach to calculate operating leverage. What is the estimated percent increase in net income if sales increase 10%? New 17 Operating Income? Instructions data Transactions MOH Rate Solution Journal Entries Solution T-Accounts Solution dy Per Unt DATA (refer to Requirement 8) Description Unit Sales for 2024 500 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Breakeven Target Profit $ $ 755,000 B 5 5 Requirement 9 Use the contribution margin approach to compute the company's annual breakeven in units Reference the DATA cell(s) in your formula below. Format as a number Breakeven in Units 7 3 9 20 21 22 23 24 25 28 27 28 29 30 31 Requirement 10 Use the contribution margin ratio approach to compute the breakeven point in sales dollars Reference the DATA cell(s) in your formula for contribution margin ratio below Format the ratio as a percentage breakeven in dollars as accounting number format in whole dollars Contribution margin ratio Breakeven in Dollars Requirement 11 Use the contribution margin approach to compute the annual sales level (in units) required to earn a target operating income of $755,000 Reference the DATA cel(s) in your formula below. Formatas number Use the Excel ROUNDUP function to obtain whole units to reach the target operating income 33 34 35 36 37 38 39 40 Target sales level (in units) 41 42 43 44 Requirement 12 Use the contribution margin approach to compute the annual increase in operating income if sales increase to 501 units Reference the DATA cells) in your formula below. Format as number Use the Excel ROUNDUP function to obtain whole units or dolars 45 Operating Income Increase in Operating Income 46 47 46 49 50 51 52 Requirement 13 Use the contribution margin approach to compute the annual decrease in net operating income if sales fall by 90 units. Reference the DATA cell(s) in your formula below. Format a number Use the Excel ROUNDUP function to obtain whole unts or dollars MOH adj and End. Bal Solution COGM COGS Inc St. Cont Solut Contrib Marg Approach Sa Ready