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Q 1 Selling price per unit $ 2 1 . 0 0 VC per unit$ 1 3 . 0 0 Fixed Cost$ 5 7 ,

Q1Selling price per unit $21.00 VC per unit$13.00 Fixed Cost$57,000.00 Sales volume or units sold or sales in unit 21000
1)Please calculate the Total Sales, Total VC, Total CM and Net Income
2)If the sales volume increase by 15%, please calculate the new income statement
3)What is the CM ratio (using the original info provided?
4)What is the Break-even point sales in unit and
sales in dollars(using the original info provided)?
Q2ABC business had $350,000 total sales in 2019 and 35% CM ratio. If its sales is to be increased by $80,000 in 2020, please calculate how much will increase in its net income in 2020.

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