Friendly Candy Compary Case Friendly Candy Compary is a wholesale distributor of Candy. Small but stendy growth in sales has been achieved by Friendly Candy Company over the past few years while Candy prices have bien iucreasing. The Coimpany is formulatiug its plaus for: the coming fiscal year. Presented below the Coinpany is formulating the dita used to project the curwent year's net incoma. Manufacturers of Cand j have anmounced that they will increase prices of their products an average of 15% in the coming year, fowing to increases in iarp material (sugar,, Coca, ete.) and labor costs. Friendly Candy Company expets that other costs will remain at labor costs. Friendly Candy Company expect Required: a. What is Friendly Candy Cmpany's break-even point both in boxes of Candy and sales revenue for the curreut year. b. What selling price per box must Firiendly cliarge to cover the 15% increase iin the cost of candy and still maintain the current contribution-mangin ratio? c. What volume of sales in pounds must the liriendly Candy Company achieve in tha coming year to maintain the same net income as pojected for the currenit year if the selling price remains at L.E. 4 per box and the cost of candy increases 15% ? d What strategies might Friendly Candy Company use to maintain the same net income as projected for the current year. BC Company produces and sells a single product with a price of LE. 50 per unit. The following estimated arnual cost data have been prepared for the upper and lower levels of the firm's relevaut ranan nf nativitw... Kequired: a-Classify each individual element of cost according to its behavior pattern, (fixed, variable, or mixed), and explain why you made cach classification. h-Prepare the total cost function. c-Calculate the break-even point both in units and sales revenue t-if all yariable costs incrcase by 10%, what selling price must the company charge to cover this increase and still mainfain the same contribution margin ratio. on sales? (:efer to the original data). Prepare a contribution fincome statement at this level of sales and calculate the margin of safety