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Question 6 View Policies Current Attempt in Progress Bridgeport Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales

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Question 6 View Policies Current Attempt in Progress Bridgeport Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2017 are provided below. $45 Unit selling price of security control Unit variable costs Total monthly fixed costs Units sold $25 $124.000 8,400 Prepare a CVP income statement for Bridgeport Industries for the month of May. Provide per unit values and total values. Bridgeport Industries CVP Income Statement Total Per Unit Question 7 View Policies Current Attempt in Progress Sheffield Company makes radios that sell for $60 each. For the coming year, management expects fixed costs to total $330,000 and variable costs to be $27 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to O decimal places, e.g. 1,225.) Break-even point $ e Textbook and Media Compute the margin of safety ratio assuming actual sales are $800,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.51.) Margin of safety e Textbook and Media Compute the sales dollars required to earn net income of $693,000 Required sales $ e Textbook and Media Save for Later

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