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Problem 22-5A (Part Level Submission) Mozena Corporation has collected the following intormation arter its first year of sales. Sales were $1.590,000 on 106,000 units; seling
Problem 22-5A (Part Level Submission) Mozena Corporation has collected the following intormation arter its first year of sales. Sales were $1.590,000 on 106,000 units; seling expenses s256.000 39% variable and 61% toed); direct materials517,000; drect abor296,000; administrative expenses $27G DDO 19% vanab rid B1% fixed ; manu ectutny uve heed S35b,000 G9% vera le and1% xed Tep mens erent has dsked yuu lu de CVP laysis su thatit Ldn ridke p ens ur he cumin eer. It has pru ec ed ha un' es will increase by 10% next yrar Compute (1) the contribution mangin for the cument year and the projected Year, and t2) the fbed costs for the current year. Assume that fixed costs will remin the same in the prolected year. The contnbution margin for the current ycar he contribution margin for the prajected year 6 Total fixcd costs 90 Attempts: 1 of 5 used (b1) Compute contribution margin rto. (Round unit variable cost calculats to 2 decinal places, e.g. 11.52 and the final answer to 2 decimal places, e.g. 25.52%.) Contribution margn rati: Altempts1 of used Your answer is correct Compute the break-even pcmt m units and sales cellars for thee current year. Roundari swe rs 140 deurral paces, eg 1,/ Broak even point in units5,a Break-even polint In doars.055,7 unts Attempts: 1 of 5 used x Your onswer 15 incomect. Try again. The company has a target net income of s20G,000 What is the roquirod sales In dolars for the company to mcet its torgct? (Usc the contribution margin ratio cakculated in the prevlous part. Round answcrs to 0 dccmal placcs, c.g. 1750.) Sales dollars required for target net Income
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