Toby wants to perform some CVP analysis on fertilizing jobs. On one representative job, she used 40 pounds of fertilizer that she bought in bulk ($1.000 for 1,000 pounds). It took her employee 1.5 hours to spread the fertilizer (she is paid $15/hour) with the motorized spreader. Toby paid $4.000 for the spreader three years ago and it is estimated to last 5 years. To get to the job site, a company truck and trailer was used (cost $40 000 expected to last 10 years). This was the only use of the truck and trailer that day. Additional employee costs include 10% payroll tax and $730 per year in worker's compensation insurance. You may assume an employee works 2,000 hours per year on various tasks (not exclusively on fertilizing) and straight-line deprecation. Toby currently charges her customers $3.00 per pound to spread fertilizer. As an alternative to estimating costs with the information above, Toby has collected some cost data over the past year (costs and pounds of fertilizer spread by month - see below). Please use both methods account analysis and regression) to estimate variable and fixed costs to complete the analysis (one Excel sheet for comparison, one Excel sheet for the actual regression in the same workbook please) Use the same process as previous HW with an input area, and calculations done by formula within Excel (including cell references). Separate and label the parts of the calculation as Variable costs (VC). Contribution Margin (CM). Fixed Cost (FC) as you calculate the annual breakeven (BE) point for fertilizer (in pounds), how many pounds must be spread to eam a target profit of $1,000 and what is the margin of safety on that target profit. How many pounds must be sold (spread) if Toby wants a margin of safety of 10% of sales? Please round all calculations to 2 decimals places Job Units Costs A 200 10360 B 150 10100 250 10550 450 10750 no E 350 10600 10405 300 G 200 10350 H 250 10590 375 10480 3 425 10700 K 175 10300 100 10520 For the CVP calculations based on separating VC & FC with Regression Analysis, what is the sales dollars necessary, for a margin of safety of 10%