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Please put the process Boats are Us is a company that manufactures and sells kayaks and canoes. The kayaks are designed for individual use. The

Please put the process

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Boats are Us is a company that manufactures and sells kayaks and canoes. The kayaks are designed for individual use. The canoes are much larger designed to take three to four people. Each canoe sells for $1200 and each kayak sells for $300. The variable cost for canoe is $840 and kayak is $220, while the fixed costs are $80,000 and 60,000 for canoe and kayak, respectively. The company's accounting system data show an average sales mix of approximately 400 canoes and 1,200 kayaks each season. Required 1 What is the anticipated profit for the year? [4 marks] 2 - Use CVP analysis to calculate the break-even point in units for: - the canoe product line only (i.e. single-product setting) - the kayak product line only (i.e. single-product setting) [2 marks] 3 - Use CVP analysis to calculate the break-even point in units for the canoe and kayak product lines combined (i.e. the multiple-product setting). [5 marks] 4 - If all the variable associated with the canoe and kayak production increased by 3% and the fixed costs increase by 5%, (assuming the sales mix ratio remains the same) how many canoes and kayaks would need to be sold in order to earn the target income of $100 000? [7 marks]

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