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The following information pertains to Crescent City, a lawn mower manufacturer: In the coming year, Crescent City plans to produce and sell 1, 500 mowers

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The following information pertains to Crescent City, a lawn mower manufacturer: In the coming year, Crescent City plans to produce and sell 1, 500 mowers at a price of $725 each. Using the skills you learned/reviewed in the "How-to" Project, complete the following using Excel. Be sure to create and use formulas in the appropriate cells to do your math. 1 Prepare a CPV income statement. 2. Calculate the breakeven point in units and sales dollars. (Round up to whole unit). 3. Calculate the margin of safety. 4. Calculate the margin of safety ratio. 5. If Crescent City wants to earn net income of $200,000, how many units must it sell? (Round up to whole unit)

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