Word File Edit Sun Sep 12 4:26 PM 0.0 AutoSave OFF View Insert Format Tools Table Window Help @ 2GO ... ACCT 254 Module 3 Assignment-1 3 Design Layout References Mailings Review View Tell me Home - Insert Draw Share Comments X Calibri (Bo... Y 11 ~ P A Aa A. ! vvv 21 ABCDE AaB Code No Spacing AaBbccdcrabblebure AaBbi, Paste vas x X A Nomai == Heading Hesding 2 Thile Styles Pans Dictate Sensit My ACCT 254 Module 3 Assignment 2 2. Heavener Company produces and sels storage sheds. Its current sales are $500,000. The company's accountant provided the following cost information: 12 Nachukua 81000+ of ankes $30,000 il of saks S43.CKI + 10 of sales Administrative Required: OOOO8QICO 8000 RAIS A 1) Compute the product's contribution margin ratio. 21 Compute the company's current net income 3) Compute the product's break-even point in dollars. 4 Compute the amount of revenue necessary to earn $60,000 in profit 5) Compute the company's current margin of safety ratio. 6 Should the company accept a proposal that increases sales by 20% and total fixed costs by 25%? Microsoft Word Page 2 of 2 47 words CY English (United States D O Focus E + 101%