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14, Qwik S ervice has over 200 auto-maintenance service outlets nationwide. It p primarily two lines of service: oil changes and brake repair. Oil change-fr represent 75% of its sales and provide a contribution margin ratio of 2000 Brake repair represents 25% of its sales and provides a 60% contribution margin ratio. The company's fixed costs are $15,000,000 (that is, $75,000 per service outlet). Instructions (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. (b) The company has a desired net income of $45,000 per service outlet. What is the dollar amount of each type of service that must be provided by each service outlet to meet its target net income per outlet? 15, Garver Industries has budgeted the following unit sales: 2017 January February March April May Units 10,000 8,000 9,000 11,000 15,000 The finished goods units on hand on December 31, 2016, was 2.000 units. Each unit requires 3 pounds of raw materials that are estimated to cost an average of $4 per pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 20% of next month's anticipated sales. They also have a policy of maintaining a raw materials inventory at the end of each month equal to 30% ofthe pounds needed for the following month's production. There were 8.640 pounds of raw materials on hand at December 31, 2016 For the first quarter of 2017, prepare (1) a production budget and (2) a direct materials budget. Instructions 16. Leaf Industries is preparing its master budget for 2016. Relevant data pertaining to its sales budget are as follows: % and 30% respectively. The sales price is expected to be $2.00 per unit for the first quarter and then be increased to $2.20 per unit in the second quarter Instructions Prepare a sales budget for 2016 for Leaf Industries. ales for the year are expected to total 8,000,000 units Quarterly sales are 25% 30%. Page 4