! 3 Required information Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 33. 3-4. 3-5 [The following information applies to the questions displayed below.] Part 5 of 7 Franklin Company makes and sells products with variable costs of $24 each. Franklin incurs annual xed costs of $359,800. The current sales price is $94. 11.11 points Note: The requirements of this question are interdependent. For example, the $280,000 desired prot introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. eBook if! Problem 3-23A (Algo) Part e Print e. If fixed costs drop to $294,000, what level of sales is required to earn the desired profit? Express your answer in units and References dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers In the tabs below. Req E1 - If xed costs drop to $294,000, what level of sales is required to earn the desired prot? Express your answer in units and dollars. (Do not round intermediate calculations. Round your nal answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars Referen ces Required information Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3, 3-4, 3-5 [The following information applies to the questions displayed below.] Franklin Company makes and sells products with variable costs of $24 each. Franklin incurs annual xed costs of $359,800. The current sales price is $94. Note: The requirements of this question are interdependent. For example, the $280,000 desired prot introduced in Requirement c also applies to subsequent requirements. Likewise. the $80 sales price introduced in Requirement d applies to the subsequent requirements. Problem 3-23A (Algo) Part e e. If fixed costs drop to $294,000, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers In the tabs below. If xed costs drop to $294,000, prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your nal answers to nearest whole number.)