ALL PROBLEMS ARE ON WORD DOC "ACCT HW HELP".

Problem 1 (page 1): (a)Compute the break-even point in dollars for 2016.(Round contribution margin ratio to 2 decimal places e.g. 0.25 and final answer to 0 decimal places, e.g. 2,510.)

(b)Compute the break-even point in dollars under each of the alternative courses of action for 2017.(Round contribution margin ratio to 4 decimal places e.g. 0.2510 and final answers to 0 decimal places, e.g. 2,510.)

Increase selling price

Change compensation

Purchase machinery

Which course of action is best?

Problem 2 (page 2): cost of goods sold, total variable and total fixed expense, contribution margin, net income/loss

Calculate variable cost per bottle.(Round variable cost per bottle to 3 decimal places, e.g. 0.251.)

Compute the break-even point in (1) units and (2) dollars.(Round answers to 0 decimal places, e.g. 1,225.)

Compute the contribution margin ratio and the margin of safety ratio.(Round variable cost per bottle to 3 decimal places, e.g. 0.257 and final answers to 0 decimal places, e.g. 25%.)

Determine the sales dollars required to earn net income of $ 64,750 .(Round answer to 0 decimal places, e.g. 1,225.)

Thank you!

Problem 1: Problem 2