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CVP Analysis Kong Products makes nearly indestructible toys for large dogs (e.g. Great Danes and St. Bernards). The toys provide hours of entertainment for large dogs without th emess created by traditional stuffed toys. The firm produces three products with a total fixed cost of $684674. The firm has the following production Information: Large Small 19 Medium 24 26 10 Selling Price/Unit Var. Marketing Cost/Unit Var. Production Cost/Unit Units Sold 30805 70590 55070 Round all calculations to the nearest hundredth (two decimal places). Do not leave any calculations in your calculator. Required: 1. Calculate the WACM/unit. 2. Calculate the firm's break even point in units. Report the number of units of each type of toy required to break even. Round to the NEAREST WHOLE NUMBER for both the total units and for each type of units. Even though we discussed always rounding up in class, the computer cannot accommodate this option Small Medium Large 3. Calculate the TOTAL number of units the firm would need to sell to achieve a target profit of $289645 before taxes. Round to the NEAREST WHOLE NUMBER. Even though we discussed always rounding up in class, the computer cannot accommodate this option. Total Units 4. Calculate the TOTAL number of units the firm would need to sell to achieve a target profit of $276965 after taxes given a tax rate of 0.25. Round to the NEAREST WHOLE NUMBER. Even though we discussed always rounding CVP Analysis Kong Products makes nearly indestructible toys for large dogs (e.g. Great Danes and St. Bernards). The toys provide hours of entertainment for large dogs without th emess created by traditional stuffed toys. The firm produces three products with a total fixed cost of $684674. The firm has the following production Information: Large Small 19 Medium 24 26 10 Selling Price/Unit Var. Marketing Cost/Unit Var. Production Cost/Unit Units Sold 30805 70590 55070 Round all calculations to the nearest hundredth (two decimal places). Do not leave any calculations in your calculator. Required: 1. Calculate the WACM/unit. 2. Calculate the firm's break even point in units. Report the number of units of each type of toy required to break even. Round to the NEAREST WHOLE NUMBER for both the total units and for each type of units. Even though we discussed always rounding up in class, the computer cannot accommodate this option Small Medium Large 3. Calculate the TOTAL number of units the firm would need to sell to achieve a target profit of $289645 before taxes. Round to the NEAREST WHOLE NUMBER. Even though we discussed always rounding up in class, the computer cannot accommodate this option. Total Units 4. Calculate the TOTAL number of units the firm would need to sell to achieve a target profit of $276965 after taxes given a tax rate of 0.25. Round to the NEAREST WHOLE NUMBER. Even though we discussed always rounding
