Can you help me verify that my assignment is correct before I submit it? Let me know if any corrections are needed. Or if I did not answer the professor's questions.

(Contribution Margin. Determine your contribution margin per unit in the "Contribution Margin Analysis" tab.

• Choose a sales price for each product.
• Calculate the contribution margin for each product based on your sales price and the variable cost for that product. Show your work using calculations to the side of the table or using appropriate formulas in the table.
• Break-Even Analysis. Use cost-volume-profit (CVP) analysis to determine your break-even points for achieving your target profits in the "Break-Even Analysis" tab.
  • Determine the break-even points for each product. Show your work using calculations to the side of the table or using appropriate formulas in the table.
  • Determine break-even units for the suggested target profits for each product. Show your work using calculations to the side of the table or using appropriate formulas in the table.)

Research data is listed:

Milestone Two: Market Research Date You have conducted some market research for style and size of products you want to use to launch your business. The market research has indicated the following sales price ranges will be optimal for your area depending on style of products you choose to sell: - Collars 0 With pricing at $20 per collar, you can expect to sell 30 collars per day 0 With pricing at $24 per collar, you can expect to sell 25 collars per day 0 With pricing at $28 per collar, you can expect to sell 20 collars per day 0 Leashes 0 With pricing at $22 per leash, you can expect to sell 23 leashes per clay. 0 With pricing at $26 per leash, you can expect to sell 23 leashes per clay. in With pricing at $30 per leash, you can expect to sell 13 leashes per day. 0 Harnesses o With pricing at $25 per harness, you can expect to sell 25 harnesses per day. 0 With pricing at $30 per harness, you can expect to sell 22 harnesses per day. 0 With pricing at $35 per harness, you can expect to sell 20 harnesses per day. Additionally, you will need to compare your brea kreyen points forthe fcillowmg target prots for each area of your business to determine your prices: - Collars o Breakreven o 5300 target prot each month 0 5500 target prot each month 0 Leashes o Break-even 0 S400 target prot each month 0 S600 target prot each month 0 Harnesses o Break-even 0 $500 target prot each month 0 5650 target prot each month Remember that all breakreven and target points must be 'in whole units {we cannot sell a partial unit]. Round up when calculating partial units to ensure costs are covered. Excel lip use ROUNDUP function Milestone Two - Contribution Margin Analysis COLLARS LEASHES HARNESSES Sales Price per Unit S 28.00 S 30.00 S 35.00 Variable Cost per Unit 9.10 12.10 14.60 Contribution Margin S 18.90 $ 17.90 S 20.40 (Sales price - variable cost) I went through each price and chose the higher contribution margin.Milestone Two - Break-Even Analysis COLLARS LEASHES HARNESSES Sales Price S 28.00 S 30.00 S 35.00 Fixed Costs S 4,028 S 4,028 S 4,202 (Production cost-Variable cost (Unit) x Units produced) - carried over from (Variable & Fixed costs tab) Contribution Margin S 18.90 S 17.90 S 20.40 Break-Even Units (round up) 214.00 226.00 206.00 Using Roundup (Fixed cost/Contribution margin) Target Profit 300.00 400.00 500.00 Contribution Margin ($) 4,328.33 4,428.33 4,701.67 ( Fixed costs + Target profit) Break-Even Units (round up) 230.00 248.00 231.00 Using Roundup (Contribution margin $/Contribution margin unit) Target Profit 500.00 600.00 650.00 Contribution Margin ($) 4,528.33 4,628.33 4,851.67 ( Fixed costs + Target profit) Break-Even Units (round up) 240.00 259.00 238.00 Using Roundup (Contribution margin $/Contribution margin unit)