please

TAKE HOME PRACTICE 3-1 Chad's Chocolates produces premium chocolate candy. For Easter, Chad's produces and sells 20,000 boxes of a special collection of chocolates that sell for $50 a box. Costs for producing a box of the chocolates are as follows: Direct Material/box $18 Variable Selling/box $4 Direct Labor/box $15 Fixed overhead per unit $ 3.75 Variable overhead/box $ 7 Fixed Selling & Administrative per unit $.75 Unless otherwise Instructed, return to this original data for each problem. 1. Convert the information above to "constant form. 2. of Chad's produces and sells 20,000 boxes, what will the operating profit be? 3. What is Chad's break-even point? Use the equation approach to calculate breakeven units and total revenue. 4. Chad has just received notice from his chocolate supplier that prices have been reduced by 20%. What is the new break- even point in units? Use the equation approach. (Which category does chocolate belong in-material, labor, overhead, selling, or administrative?) 5. Chad has just completed union negotiations that resulted in a 10% increase in the wage rates for his direct laborers. What is the new break-even point in units? in dollars? Use the short-cut approach 6. What must the selling price be if Chad's wants to earn $60,000 in profit before tax