Question 2 Given the following information: Selling Price (per unit): $10,000 Variable Costs (per unit): $7,000 Fixed Costs: $200,000 Required - Cost-Volume-Profit (CVP) Each of these are separate situations: A. What is the break-even point in total sales in dollars? B. How many units need to be sold to make a profit of $20,000? C. How many units need to be sold to make a profit of $20,000 if fixed costs increase from $200,000 to $250,000? D. How many units would they need to sell if they wanted to double profit, if the current number of units sold is 200? Question 1 A company has the following financial information: Question 3 Given the following information: year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Labour (in hours) 1,200 1,225 1,100 1,050 1,160 1,200 1,350 1,380 1,250 1,270 1,220 machine costs (in $) 103,266 110,216 97,579 94,581 111,762 115,786 136,476 141,852 128,679 135,334 132,222 Deluxe Homes is a residential Home Builder. Based on their current production of 300 homes per year, their costs per unit are: Required Direct labour Direct materials Variable overhead Fixed overhead Variable selling costs Fixed selling costs Total cost per unit (in $'000) $ 20 200 30 40 10 10 $310 Using the high-low method, what are the estimated machine costs 2. if there are 1,100 Labour hours? b. if there are zero Labour hours? What is a significant drawback to using the High-low method to calculate costs at zero labour hours? Required Each of these are separate situations: A. What is the cost per unit if production is increased to 400 homes per year, and there is an increase of $3.50 million in total fixed costs? B. What is the cost per unit if production is decreased to 270 homes per year, and there is a decrease of $2.04 million in total fixed costs