Problem 4 CVP AnalysisGabby's Wedding Cakes creates elaborate wedding cakes. Eash cake sells for $ es. Eash cake sells for $500 The variable cost of making the cakes is $200 andd the fixed costs per month are $6,000 Required a. Calculate the break even point per month in units b. How many cakes must be sold to earn a monthly profit of $9,000? Clyde's Marina has estimated that fixed costs per month are $240,000 and variable cost per dollar of sales is $0.60 Required: a. What is the break even point per month in sales? b. What level of sales is needed for a monthly profit of $60,000? c. For the month of July, the marina anticipates sales of $1,200,000. What is the expected level of profit? Rhetorix, Inc. produces stereo speakers. Problem 6 Contribution margin The selling price per pair of speakers is $800. The variable cost of production is $300 and the fixed cost per month is $50,000. Required Calculate the contribution margin associated with a pair of speakers b. In August, the company sold five more pairs of speakers than planned. What is the expected effect on profit of selling the additional speakers? Calculate the contribution margin ratio for Rhetoric associated with a pair of speakers. In October, the company had sales that were $5,000 higher than planned. What is the the expected effect on profit related to the additional sales? c. d. Rhetorix, Inc. produces stereo speakers. The Problem 7-Margin of safety selling price per pair of speakers is $800. The variable cost of production is $300 and the fixed cost per month is $50,000 For November, the company expects to sell 120 pairs of speakers. Required a Calculate expected profit b Calculate the margin of safety in dollars