the first pictures are the tables that need filled out, and then the insteuctions after each. please fill them out in the table formats
P22.1 ( LO11,2), AP The controller of Rather Production has collected the following monthly cost data for analyzing the behavior of electricity costs. Instructions a. Determine the fixed costs and unit variable costs using the high-low method. a. VC $8 b. What electricity cost does the cost equation estimate for a level of activity of 500 machine hours? By what amount does this differ from March's observed cost for 500 machine hours? c. What electricity cost does the cost equation estimate for a level of activity of 700 machine hours? By what amount does this differ from June's observed cost for 700 machine hours? Determine unit variable costs and fixed costs, compute break-even point, prepare a CVP graph, and determine net income. Electricity Costs: P22.4 (LO 4), E Tanek Corp.'s sales slumped badly in 2022. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 500,000 units of product: sales $2,500,000, total costs and expenses $2,590,000, and net loss $90,000. Costs and expenses consisted of the following amounts. Management is considering the following independent alternatives for 2023 . 1. Increase the unit selling price 20% with no change in total costs, total expenses, and sales volume. 2. Change the compensation of sales personnel from fixed annual salaries totaling $140,000 to total salaries of $60,000 plus a 5% commission on sales. All other total costs, total expenses, and total sales remain unchanged. Instructions a. Compute the break-even point in sales dollars for 2022. b. Compute the break-even point in sales dollars under each of the alternative courses of action. (Round all ratios to nearest full percent.) Which course of action do you recommend? b. Alternative 1$2,000,000 Compute break-even point and margin of safety ratio, and prepare a CVP income statement before and after changes in business environment. Jorge Company CVP Income Statement (Estimated) For the Yer Ending December 31, 2020 (b). (c), and (d) (b) \begin{tabular}{l|l} \hline 2 & \\ \hline & \\ \hline & \\ \hline & (1) Break-even sales in units \end{tabular} (2) Break-even sales in dollars 3 9. (c) Contribution marrin ratio 10 12 13 Marsin of saftery natio 18 15 17 (d) Required sales. 18 19 20 P22.3 (LO3, 4, 5), AP Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Instructions a. Prepare a CVP income statement for 2022 based on management's estimates. Include columns for per unit and percent of sales information. b. Compute the break-even point in (1) sales units and (2) sales dollars. b. (1) 2,700,000 units c. Compute the contribution margin ratio and the margin of safety ratio. (Round to nearest full percent.) c. CM ratio 30% d. Determine the sales dollars required to earn net income of $180,000. Compute break-even point under alternative courses of action. P22.1 ( LO11,2), AP The controller of Rather Production has collected the following monthly cost data for analyzing the behavior of electricity costs. Instructions a. Determine the fixed costs and unit variable costs using the high-low method. a. VC $8 b. What electricity cost does the cost equation estimate for a level of activity of 500 machine hours? By what amount does this differ from March's observed cost for 500 machine hours? c. What electricity cost does the cost equation estimate for a level of activity of 700 machine hours? By what amount does this differ from June's observed cost for 700 machine hours? Determine unit variable costs and fixed costs, compute break-even point, prepare a CVP graph, and determine net income. Electricity Costs: P22.4 (LO 4), E Tanek Corp.'s sales slumped badly in 2022. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 500,000 units of product: sales $2,500,000, total costs and expenses $2,590,000, and net loss $90,000. Costs and expenses consisted of the following amounts. Management is considering the following independent alternatives for 2023 . 1. Increase the unit selling price 20% with no change in total costs, total expenses, and sales volume. 2. Change the compensation of sales personnel from fixed annual salaries totaling $140,000 to total salaries of $60,000 plus a 5% commission on sales. All other total costs, total expenses, and total sales remain unchanged. Instructions a. Compute the break-even point in sales dollars for 2022. b. Compute the break-even point in sales dollars under each of the alternative courses of action. (Round all ratios to nearest full percent.) Which course of action do you recommend? b. Alternative 1$2,000,000 Compute break-even point and margin of safety ratio, and prepare a CVP income statement before and after changes in business environment. Jorge Company CVP Income Statement (Estimated) For the Yer Ending December 31, 2020 (b). (c), and (d) (b) \begin{tabular}{l|l} \hline 2 & \\ \hline & \\ \hline & \\ \hline & (1) Break-even sales in units \end{tabular} (2) Break-even sales in dollars 3 9. (c) Contribution marrin ratio 10 12 13 Marsin of saftery natio 18 15 17 (d) Required sales. 18 19 20 P22.3 (LO3, 4, 5), AP Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs. Instructions a. Prepare a CVP income statement for 2022 based on management's estimates. Include columns for per unit and percent of sales information. b. Compute the break-even point in (1) sales units and (2) sales dollars. b. (1) 2,700,000 units c. Compute the contribution margin ratio and the margin of safety ratio. (Round to nearest full percent.) c. CM ratio 30% d. Determine the sales dollars required to earn net income of $180,000. Compute break-even point under alternative courses of action
