Required Information [The following information applies to the questions displayed below.] Perez Company makes and sells products with variable costs of $24 each. Perez incurs annual fixed costs of $453,600. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. b. Determine the break-even point in units and in dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req B1 Req B2 Prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) Sales Variable cost Contribution margin Fixed cost Net income (loss) PEREZ COMPANY Income Statement $ 626,400 < Req B1 Req B2 > c. Suppose that Perez desires to earn a $252,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req C1 Req C2 Suppose that Perez desires to earn a $252,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars < Req C1 Req C2 > c. Suppose that Perez desires to earn a $252,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req C1 Req C2 Suppose that Perez desires to earn a $252,000 profit. Prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) PEREZ COMPANY Income Statement < Req C1 Req C2 > d. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req D1 Req D2 If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars Req D1 Req D2 > d. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req D1 Req D2 If the sales price drops to $80 per unit, prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) PEREZ COMPANY Income Statement < Req D1 Req D2 > e. If fixed costs drop to $310,800, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req E1 Req E2 If fixed costs drop to $310,800, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars Req E1 Req E2 > e. If fixed costs drop to $310,800, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req E1 Req E2 If fixed costs drop to $310,800, prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) PEREZ COMPANY Income Statement < Req E1 Req E2 > f. If variable cost rises to $30 per unit and fixed costs are $310,800, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req F1 Req F2 If variable cost rises to $30 per unit and fixed costs are $310,800, what level of sales is required to earn the desired profit? (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars < Req F1 Req F2 > f. If variable cost rises to $30 per unit and fixed costs are $310,800, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req F1 Req F2 If variable cost rises to $30 per unit and fixed costs are $310,800, prepare an income statement using the contribution margin format. PEREZ COMPANY Income Statement < Req F1 Req F2 > g. Assume that Perez concludes that it can sell 10,000 units of product for $80 each. Recall that variable costs are $30 each and fixed costs are $310,800. Compute the margin of safety in units and dollars and as a percentage. (Do not round Intermediate calculations. Round your answers to the nearest whole number. Round your percentage answer to nearest whole percentage For example, 0.1234 should be entered as 12%) Margin of safety in units Margin of safety in dollars Margin of safety %