Sales, Gross Sales Discounts Sales Returns & Allowances Sales, Net Cost of Goods Sold (variable Gross Profit Variable Selling Ex Variable Administrative Ex Fixed Selling & Administrative Ex Net Income 275,000 2,000 ,500 267,500 165,000 102,500 19 13 s (43,250) (76,250) 26,250 A total of 2,500 units were sold during the year. All sales accounts are variable in nature (Sales, Gross; Sales Discount; Sales Returns & Allowances; and Sales, Net) wing Cost-Volume-Profit Analysis questions 1. Please lst all amounts (Sales and Expenses) as constants, whether the per unit of total amount Based on the information given above, answer the follov (i.e., if an amount is constant as per unit amount, calculate it as per unit amount, if constant at the total amount, do likewise.) 2. What is XYZ, Inc.'s Contribution Margin per unit 3. What is XYZ, Inc.'s Breakeven Point in Units? 4. If XYZ, Inc. wants to increase yearly profit to $50,000, how many units do they need to sell? Based on the information given above, complete the following Master budget requirements 5. Assume XYZ, Inc. sells 3,450 units in 2017, prepare the Sales, Inventory Purchases, and Selling & Administration Expense budgets based on the following additional assumptions. a. Prepare the Master Budget for 2017 (i.e., only one unit amount, 3,450 units) b. Use the Sales, Net price for budgeting purposes, this all ows us to ignore the impact of Sales Discounts and Sales Returns & Allowances in the Master Budget. Assume that 90% of all Sales, Net will be received in cash during the year, the remainder will be Accounts Receivable. Accounts Receivable at the end of 2016 is $25,000 For Inventory Purchases, assume a Desired Ending Inventory amount of 400 units for 2017. Inventory at the end of 2016. Assume that 85% of all be Accounts Payable. Accounts Payable at the end of 2016 is $27,500 C. d. Ignore discounts and return for the Master Budget. A total of 290 units were still in will be paid in cash during the year , the remainder will e