Please include explanations as well. Thanks.

Exercise 6.20 a-c Kirkland Video Games Inc. is developing a new video game. It is the most sophisticated game on the market. It sells the video game for $285 per copy. Variable costs to produce and sell the video game amount to $70 per copy. Fixed costs amount to $453,650. The company anticipates selling 400 copies of the game per month. The company's policy is to stop producing the video game as soon as a competitor comes out with a more sophisticated version. Calculate the amount of operating income the company will earn if it takes 11 months for a competitor to produce a more sophisticated version of the video game. Operating Income Calculate how many units of the video game the company will have to sell in order to break even. Units to break even units If the company wishes to earn $26,350 over the product's life, calculate the selling price of the video game if a competitor introduces a more sophisticated version of the video game in 4 months. Assume that unit sales are 400 copies per month. (Round answer to 2 decimal places, e.g. 15.25.) Selling price $ per unitExercise 6.21 a-b Jagswear Inc. earned operating income of $96,000 during 2020. The company wants to earn operating income of $158,000 during 2020. Its fixed costs are expected to be $38,980, and variable costs are expected to be 30% of sales. Determine the required sales to meet the target operating income during 2020. Required sales $ Fill in the dollar amounts for the summary income statement for 2020 below based on your answer to part a. Sales revenue Variable costs Contribution margin Fixed costs Operating incomeProblem 6.39A a-d Ronald Enterprises Ltd. has estimated the following costs for producing and selling 18,600 units of its product: Direct materials $93,000 Direct labour 130,200 Variable overhead 37,200 Fixed overhead 30,000 Variable selling and administrative expenses 55,800 Fixed selling and administrative expenses 45,000 Ronald Enterprises' income tax rate is 40%. Given that the selling price of one unit is $37, calculate how many units Ronald Enterprises would have to sell in order to break even. Break-even units Assume the selling price is $42 per unit. Calculate how many units Ronald Enterprises would have to sell in order to produce a profit of $25,100 before taxes. Target units unitsAssume the selling price is $42 per unit. Calculate how many units Ronald Enterprises would have to sell in order to produce a profit of $25,100 before taxes. Target units units Calculate what price Ronald Enterprises would have to charge in order to produce a profit of $27,000 after taxes if 7,500 units were produced and sold. Ronald Enterprises should charge per unit Calculate what price Ronald Enterprises would have to charge in order to produce a before-tax profit equal to 30% of sales if 8,700 units were produced and sold. (Round answer to 2 decimal places, e.g. 15.25.) Ronald Enterprises should charge $ per unitProblem 6.40A a-b,d The Peace Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $1,800 per month. The other barbers are paid $1,330 per month. In addition, each barber is paid a commission of $2 per haircut. Other monthly costs are as follows: store rent $790 plus 60 cents per haircut; depreciation on equipment $510; barber supplies 40 cents per haircut; utilities $350; and advertising $250. The price of a haircut is $13. Determine the variable cost per haircut and the total monthly fixed costs. ( Round variable cost to 2 decimal places, e.g. 15.25.) Variable cost per haircut Total monthly fixed costs $ Calculate the break-even point in units and dollars. Break-even Point units Break-even Point $Determine the operating income, assuming 1,500 haircuts are given in a month. Operating income $