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Project Summary: The following data is provided for a product to complete a cost-volume-profit analysis. Original Data Sales price per unit $50.00 Variable costs per
Project Summary: The following data is provided for a product to complete a cost-volume-profit analysis. Original Data Sales price per unit $50.00 Variable costs per unit $23.00 Fixed Costs $5,500 Monthly Volume 250 Target Profit Per Month $1,700 Assumption Change Expected Increase in Variable Cost 2% Project Requirements: Complete the following for the original data and for the assumption change. In your project submission, there will be two sets of calculations and one contribution margin income statement: . Calculate the Contribution Margin in Units and Contribution Margin Ratio Calculate the Breakeven Point in Units Sales and Sales Dollars Calculate the Target Sales in Units and Dollars Calculate the Margin of Safety in Units and Margin of Safety Percentage Calculate the Operating Leverage Prepare a Contribution Margin Income Statement for the assumption change only
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