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Reti Required information (The following information applies to the questions displayed below.) Solomon Company makes and sells products with variable costs of $24 each. Solomon

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Reti Required information (The following information applies to the questions displayed below.) Solomon Company makes and sells products with variable costs of $24 each. Solomon incurs annual fixed costs of $413,400. The current sales price is $102. Note: The requirements of this question are interdependent. For example, the $312,000 desired profit introduced in Requirement also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. 1. If variable cost rises to $30 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 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. - 2.docx KI f. If variable cost rises to $30 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg F1 Reg F2 If variable cost rises to $30 per unit, 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 14,508 1,160,640 $ ROU Req F2 > dollars. Prepare an income statement using the contribution margin format. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req F1 Reg F2 If variable cost rises to $30 per unit, prepare an income statement using the contribution margin format. SOLOMON COMPANY Income Statement 1,160,640 X Variable cost 435,240 Contribution margin 725,400 Fixed cost 413,400 Sales $ $ Not income 312,000

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