Question 1 CVP question Laila company has provided the following information about the company Sales $225,000 Sales Discount $20,000 $ 35,000 $ 20,000 $2,500 $ 39,600 Overhead cost (Fixed) Overhead (Variable) Sales Return /Allowance Selling commission (variable] Supplies Selling commission (fixed] Prepaid expense Variable admin expenses $2,600 $ 15,000 $11,000 $ 24500 Accrued cost $7900 Fixed admin expenses $ 20,000 Tax 25% Interest expenses $5,420 4,000 units Capacity of production Units sold 3,500 Units produced 3,500 Hint: all selling and admin costs are operating expenses 8. Determine the sales revenue necessary to generate before tax profit if the after tax is$75,000. The tax rate is 18% 9. Determine sales revenue necessary to generate after-tax profit of $85,000 10. Calculate degree of leverage (DOL) and if sales increases by 25%, what will be the increase or decrease in net income in $ of this company? What will be the total net income if the project is accepted [use original data in the beginning)