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Problem 19-5A (Part Level Submission) Viejo! Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100,000 units, selling

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Problem 19-5A (Part Level Submission) Viejo! Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100,000 units, selling expenses $220,000 (40% variable and 60% fixed), direct materials $490,000 direct labor $316,000, administrative expenses $284,000 (20% variable and 80% fixed), and manufacturing overhead $356,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year, it has projected that unit sales will increase by 10% next year. Your answer is correct. Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current year. (Assume that fixed costs will remain the same in the projected year.) 000 0 (1) Contribution margin for current year 40 Contribution margin for projected year 4000 (2) Fixed Costs 6600 Attempts: 1 of 3 used Compute the break-even point in units and sales dollars for the current year. (Round intermediate calculations to 2 decimal places e.g. 2.25 and final answers to O decimal places, e.g. 1,225.) Break-even point in units Break-even point in dollars units Attempts: 0 of 3 used The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above

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