can ypu check to see if my answer for question 4 is correct.
For the following questions, please use the information on pages 1 and 2 to help support your decisions. Please document your answer in a clear, concise way and reference any numbers that were used to make your decision. Each question is independent and refers to the original data unless specified otherwise. For each question, please use up to 100 words. Each question is worth 5 points for a total of 20 points. 1) Please prepare a contribution margin income statement at normal capacity and label the income statement as Figure 1. Please show the following format and show columns for totals and per unit. Assume that sales are priced at the normal price. Overview: The purpose of this assignment is to develop written communication skills to support managerial decision making. Students will use and interpret accounting data to support their decisions. Students must document their rationale for making each decision by referencing the appropriate facts and figures involved in this case. Grading: This assignment is worth 20 points and grading will be based on determining the right answer for each question and documenting the explanation in a very clear and concise writing style. Grammar will be assessed and graded and typographical errors will be penalized. Please see grading rubric at the end of the document. This rubric is required by the Lee Business School. Please have a classmate or friend proof-read your document. Please type your responses in Word and upload your document in Canvas. Students are not allowed to share any answers on the Class Social Media Group or share any electronic documents. Please refer to the Academic Integrity Policy. If you submit the wrong document in Canvas your grade will be penalized. Be careful. Case: The Dial Company specializes in producing a set of wood patio furniture consisting of a table and four chairs. The set enjoys great popularity, and the company has ample orders to keep production going at its full capacity of 10,000 sets per year. Annual cost data at full capacity follow: 4) Assume sales and demand are 9,000 units, how much will the company make on the sale of the next two units if demand expands to 9,002 units. Discuss which amounts on the income statement will change if the company makes and sells two more units. Please discuss your calculations and reference to Figure 1. Sales and demand 9,000/ units Two units if expands to 9.002/ units 5002=$1,000 The accounts on the income statement that will change if the company makes and sells two more units are sales and variable cost. sales will increase by $1,000. Operating income will increase based on the increase in contribution margin
