Required information Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year Product 1 2 3 Selling Price per Unit $ 29 $ 99 $85 $109 $ 19 $119 5 39 $ 79 $ 69 5 Unit Sales 9,000 16,500 6,000 19,500 4,500 27,000 3,000 2,500 9,000 15,000 10,500 1,500 3,000 5,000 12,000 150,000 7 Variable Cost per Unit $12.95 568.55 $42.50 $85.00 $.6.35 $92.00 $14.30 $33.18 $30.36 $77.60 $25.40 $29.00 $12.40 $13.48 $61.83 $95 10 11 12 13 14 15 $ 59 $.65 $44 $ 49 5 89 Last year, Lyndia's total fixed expenses and net operating income were $3,000,000 and $1,223,070, respectively. The company would like your assistance in developing some financial projections for this year 3. Refer to the original data (in other words, return cell Q15 to its original value of 0%) and assume the sales mix percentages (as shown in rows 3 and 21) hold constant .. Using Goal Seek, calculate the total unit sales required to break even (Hint Instruct Goal Seek to obtain a net operating income of $0, as shown in cell Q31, by changing the unit sales in cell Q14.) b. What are the dollar sales required to break even? c. What was the company's margin of safety last year? 4. Refer to the original data (in other words, return cell 014 to its original value of 150,000 units). Assume the sales mix holds constant and the company plans to increase the selling prices of all products by 5%. (Hint: Focus on cell 016 to input this projection) .. Using Goal Seek, calculate the total unit sales required to break even is your answer greater than less than or equal to the answer you obtained in requirement 30? b. How is the amount in cell B23 calculated? c. Why does the contribution margin ratio shown in cell R29 differ from the corresponding percentage from last year, as shown in cell d. Should the company increase its seling prices by 5% this year? R9? Reg 3A Reg 38 Reg 3C Req 441 Reg 4A2 Reg 4B Reg 40 Reg 4D Using Goal Seek, calculate the total unit sales required to break even. (Hint: Instruct Goal Seek to obtain a net operating income of $0, as shown in cell 031, by changing the unit sales in cell 014.) Unt sales to break even units Reg 3B > Req Req 3B Req 3C Req 4A1 Req 4A2 Req 4B Req 4C What are the dollar sales required to break even? Dollar sales to break even Req 3A Req 3B Req 30 Reg 4A1 Req 4A2 Req 48 Reg 40 Reg 40 What was the company's margin of safety last year? Margin of safety last year Using Goal Seek, calculate the total unit sales required to break even. Unit sales to break even units Which of the following statements is true? The answer in Requirement dat is the unit sales to break even in requirement 3a because Req 3A Req 3B Req 3C Req 4A1 Req 4A2 Reg 4B How is the amount in cell B23 calculated? Selling price per unit - (Selling price per unit * Change in selling prices) Selling price per unit + (Selling price per unit * Change in selling prices) Selling price per unit * (Selling price per unit * Change in selling prices) Selling price per unit - (Selling price per unit * Change in selling prices) Req 3A Req 3B Req 30 Reg 441 Req 4A2 Reg 4B Req 4C Req 4D Why does the contribution margin ratio shown in cell R29 differ from the corresponding percentage from last year, as show cell R9? Because each product's selling price is being increased by 5% while holding its variable expense per unit constant Because each product's selling price is being increased by 5% while decreasing its variable expense per unit by 5% Req Req 3B Req 30 Reg 4A1 Req 4A2 Req 4B Req 4C Req 4D Which of the following statements is true? Oif the company increases its selling prices by 5%, it will increase profits because the break-even point (in units) at these higher prices is less than the break-even point at the original prices, ll the company increases its selling prices by 5%, it will decrease profits even though the break-even point (in units) at these higher prices is less than the break-even point at the original prices Of the company increases its selling prices by 5%, the impact on profits will depend on how the price hike affects customer demand Req Req 3B Req 3C Req 4A1 Req 4A2 Req 4B Req 4C What are the dollar sales required to break even? Dollar sales to break even Req 3A Req 3B Req 30 Reg 4A1 Req 4A2 Req 48 Reg 40 Reg 40 What was the company's margin of safety last year? Margin of safety last year Using Goal Seek, calculate the total unit sales required to break even. Unit sales to break even units Which of the following statements is true? The answer in Requirement dat is the unit sales to break even in requirement 3a because Req 3A Req 3B Req 3C Req 4A1 Req 4A2 Reg 4B How is the amount in cell B23 calculated? Selling price per unit - (Selling price per unit * Change in selling prices) Selling price per unit + (Selling price per unit * Change in selling prices) Selling price per unit * (Selling price per unit * Change in selling prices) Selling price per unit - (Selling price per unit * Change in selling prices) Req 3A Req 3B Req 30 Reg 441 Req 4A2 Reg 4B Req 4C Req 4D Why does the contribution margin ratio shown in cell R29 differ from the corresponding percentage from last year, as show cell R9? Because each product's selling price is being increased by 5% while holding its variable expense per unit constant Because each product's selling price is being increased by 5% while decreasing its variable expense per unit by 5% Req Req 3B Req 30 Reg 4A1 Req 4A2 Req 4B Req 4C Req 4D Which of the following statements is true? Oif the company increases its selling prices by 5%, it will increase profits because the break-even point (in units) at these higher prices is less than the break-even point at the original prices, ll the company increases its selling prices by 5%, it will decrease profits even though the break-even point (in units) at these higher prices is less than the break-even point at the original prices Of the company increases its selling prices by 5%, the impact on profits will depend on how the price hike affects customer demand