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The following information pertains to Crescent City, a lawn mower manufacturer: 1. Budgeted production costs for the coming year: $ 250 a. Direct materials per mower b. Direct labor per mower c. Variable overhead per mower d. Total fixed overhead 130 70 31,200 2. Budgeted selling and administrative costs for the coming year: $ 52,000o Fixed selling & adm expense Sales commission per mower a. b. 50 3. In the coming year, Crescent City plans to produce and sell 1,500 mowers at a price of $630 each. Instructions for Project 1: 1. Prepare a CPV income statement. 2. Calculate the breakeven point in units and sales dollars. 3. Calculate the margin of safety. 4. Calculate the margin of safety ratio. it sell