Question: Final Question #01 This is question #01. I need the answers showing step by step everything, in as clear and concise from beginning to end

Final Question #01 This is question #01. I need the answers showing step by step everything, in as clear and concise from beginning to end and what the final answer is for each one the question asks for, as possible. I'll need to put this on a Word Document, so please make sure it fits the criteria so I can put all the steps and the solution onto a Word Document (Preferably Only Text.) No Excel Tables or any tables, no graphs, and no images where I can't copy and paste. All in Text so I can copy and paste. Please do it as fast as you can, since I'm currently on a very short timer, and would very greatly appreciate it Question: XYZ Company provides the following data: Sales Price - $10 Variable Cost per unit - $6 Fixed Cost - $20,000 Units sold - 6,000 a) What is meant by contribution margin per unit? b) By how much should sales price increase if the company wants to raise its advertising costs (fixed cost) by $10,000 while selling the same number of units and keeping the same level of profit? c) If the company doesn't change its sales price of $10, and cannot cut costs, what else would you advise the company to do to cover the anticipated extra $10,000 fixed cost to keep the same level of profit? Show by calculation why your advice is correct.. . d) How many units need to be sold if the company wants to earn an after tax income of $80,000. The tax rate is 30%. Thank you in advance, Yaakov V

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