Relate what you learned from images one and two and apply it to the question on the third image exactly the same formatting EXCEPT with different numbers because it's a different question. Next, when finished, check if the third image contains the correct answer. After you have completed the question on the third image, check if it aligns with it. We don't know if the third image produced the correct answer. Produce the correct answer. Some answers are correct in the third image and don't need to be changed. Correct the wrong answers.

P6.42A (L9 1, 2, 3) YUX Corporation sells a single product for $50. Its management estimates the following revenues and costs for the year 2020: Determine the contribution margin ratio, break-even point in dollars, margin of safety, and sales required to earn target operating income under alternative scenarios. Net sales $500 000 Selling expensesvariable $ 20,000 Direct materials 90 000 Selling expensesfixed 20,000 Direct labour 60,000 Administrative expenses 10,000 variabl Manufacturing overhead 20,000 Administrative expenses 10,000 variable fixed Manufacturing overhead 30,000 fixed Instructions a. Assuming fixed costs and net sales are spread evenly throughout the year, determine YUX's monthly break-even point in (1) units and (2) dollars. b. Calculate the contribution margin ratio, the annual margin of safety ratio, and the annual profit. CM ratio = 60% c. Determine the percentage increase in annual profits if YUX Corporation increases its selling price by 20% and all other factors (including demand) remain constant. d. Assume the price remains at $50 per unit and variable costs remain the same per unit, but fixed costs increase by 20% annually. Calculate the percentage increase in unit sales required to achieve the same level of annual profit calculated in part (b). YUX Corporation sells a single product for $60. [13 management estimates the following revenues and costs for the year 2020: Net sales $606,000 Selling expensesvariable $20,300 Direct materials 193,400 Selling expensesxed 18,300 Direct labour 59,100 Administrative expensesvariable 9,300 Manufacturing overheadvariable 20,900 Administrative expensesfixed 10,900 Manufacturing overheadxed 30,200 E Your answer is incorrect. Assuming fixed costs and net sales are spread evenly throughout the year, determine YUX's monthly brea keven point in units and dollars. (Round answers to 0 decimal places, e.g. 5,275.) El Monthly break-even in units m units Monthly break-even in dollars $ 9,850 H Your answer is partially correct. Calculate the contribution margin ratio, the annual margin of safety ratio, and the annual profit. (Round answers to 0 decimal places, 2.9. 15 or 15%.) Contribution margin ratio 50 % Annual margin of safety ratio i % Annual prot $ 243,900 M El Your answer is incorrect. Determine the percentage increase in annual prots if YUX Corporation increases its selling price by 20% and all other factors (including demand) remain constant. ( Round answer to 2 decimal places, e.g. 15.25%. } I3 Percent increase in prot 49.69 % El Your answer is incorrect. Assume the price remains at $60 per unit and variable costs remain the same per unit, but xed costs increase by 20% annually. Calculate the percentage increase in unit sales required to achieve the same level of annual prot calculated in part (b). (Round answer to 2 decimal places, e.g. 15.25%.) Percent increase in unit sales 3.90 0/ a (a) Number of units sold: $500,000 + $50 = 10,000 units Variable cost per unit: Direct materials $ 90,000 Direct labour 60,000 Manufacturing overhead 20,000 Selling expenses 20,000 Administrative expenses 10,000 $200,000 Number of units 10,000 _$20 Fixed costs: ($30,000 + $20,000 + $10,000) = $60,000 Contribution margin per unit: $50 - $20 = $30 (1) Monthly break-even in units: ($60,000 + 12) + $30 = 167 units (rounded) (2) Monthly break-even in dollars: ($60,000 + 12) + 0.6 = $8,333 (b) Contribution margin ratio: $30 + $50 = 60% Annual break-even: $60,000 + 0.60 = $100,000 Margin of safety ratio: ($500,000 $100,000) + $500,000 = 80% Annual prot: $500,000 - $200,000 - $60,000 = $240,000 (c) 20% increase in selling price: $50 x 0.20 = $10 per unit Increase in contribution margin and profit: 10,000 x $10 = $100,000 Percent increase in prot: $100,000 + $240,000 = 41.67% (rounded) (cl) Increase in fixed costs: $60,000 at 0.20 = $12,000 Increase in CM required to cover increased fixed costs: $12,000 Increase in unit sales required: $12,000 + $30 = 400 units Percent increase in unit sales: 400 + 10,000 = 4%