Please help with 16.5
Chapter 16 Cost-Volume-Profit Analysis 3 Prepare an income statement for olivian Company for the coming year based on ber of units computed in Requirement 2. 4 What if Olivian had a 35 tax rate? Would the units sold to reach a s420s00 net income be higher or lower than the units calculated in number of units needed at the new tax rate. (Round dollar calculate and unit amounts to the rest unit.) amounts to the nearest Cornerstone Exercise 16.5 ultiple-Product Break-Even and Target Profit lans to sell Inc., produces and sells two products: a ceiling fan and a table fan. Vandenberg information 30,000 ceiling fans and 70.000 table fans in the coming year. Product price and cost includes: E 16.5 Ceiling Fan Table Fan Unit variable cost SIS Direct fixed cost Common fixed selling and administrative expenses total s85.000. Required: 1. What is the sales mix estimated for next year (calculated to the lowest whole number for each product)? 2. Using the sales mix from Requirement 1, form a package of ceiling fans and table fams. How many ceiling fans and table fans are sold at break-even? 3. Prepare a income statement for Vandenberg. Inc., based on the unit sales calculated in Requirement 2. 4. What if g, Inc., wanted to earn operating income to calculate the number of ceiling fans and table fans that must be sold to earn this level of operating income. (Hint: R to form a package of ceiling fans and table fans based on the sales mix and to first calculate the number of packages to earn an operating income of S14,400.) Cornerstone Exercise 16.6 Break-Even Units and Sales Revenue: Margin of safety Dupli-Pro Copy Shop provides photocopying service. Next year, Dupli-Pro estimates it will copy 2,800,000 pages at a price of S0.08 each in the coming year, Product costs include: Direct materials $0.015 Direct labor Variable overhead S80,000 Total fixed overhead nse: fixed selling and administrative expenses total s46,000. There is no variable se