a$.$ Calculate the break$-$even point for the year.

Note: Round to the next highest whole unit.

Answer

$0$

"bags"

b$.$ How many square yards of each product are expected to be sold at the break$-$even point?

Note: Round CM$\%$ to the nearest tenth of a percent.

Oak: Answer

$0$

square yards

Hickory: Answer

$0$

square yards

Cherry: Answer

$0$

square yards

c$.$ If the company wants to earn pre$-$tax profit of $$1,120,000,$ how many square yards of each type of flooring would it need to sell? How much total revenue would be required?

Note: Round your answer to the next highest whole unit.

Units Revenue

Oak: Answer

$0$

square yards Answer

$0$

Hickory: Answer

$0$

square yards Answer

$0$

Cherry: Answer

$0$

square yards Answer

$0$

Total Answer

$0$

d$.$ If the company wants to earn an after$-$tax profit of $$952,000,$ determine the revenue needed using the contribution margin percentage approach.

Note: Round CM$\%$ to the nearest tenth of a percent and your final answer to the nearest whole dollar.

$Answer

$0$

e$.$ If the company achieves the revenue determined in $($d$),$ what is the $(1)$ breakeven point in dollars, and the margin of safety $(2)$ in dollars and $(3)$ as a percentage?

Note: In your breakeven point in dollars calculation, round CM$\%$ to the nearest tenth of a percent; round your final answer to the nearest whole dollar.

Note: Round margin of safety in dollars to the nearest whole dollar.

Note: Round the margin of safety percentage to the nearest tenth of a percent $($for example, round $5\mathrm{.}6666\%$ to $5\mathrm{.}7\%.)$

Breakeven in dollars: $Answer

$0$

Margin of safety in dollars: $Answer

$0$

Margin of safety percentage: Answer

$0$

$\%$