fully answers please

$ $ 3.50 Variable cost (per bowl) Direct materials Direct manufacturing labor Variable overhead (manufacturing, marketing, distribution and customer service) 8.50 1.50 Total variable cost per bowl $ 13.50 Fixed costs Manufacturing $ $ 16,000 132,500 Marketing, distribution, and customer service Total fixed costs $ 148,500 Selling price Expected sales, 20,500 units $ 27.00 $ 553,500 Income tax rate 40% Print Done X Requirements 1. What is the projected net income for 2017? 2. What is the breakeven point in units for 2017? 3. Mr. Marx has set the revenue target for 2018 at a level of $594,000 (or 22,000 bowls). He believes an additional marketing cost of $47,250 for advertising in 2018, with all other costs remaining constant, will be necessary to attain the revenue target. What is the net income for 2018 if the additional $47,250 is spent and the revenue target is met? 4. What is the breakeven point in revenues for 2018 if the additional $47,250 is spent for advertising? 5. If the additional $47,250 is spent, what are the required 2018 revenues for 2018 net income to equal 2017 net income? 6. At a sales level of 22,000 units, what maximum amount can be spent on advertising if a 2018 net income of $59,700 is desired? ne 1. Marx and Company, a mandatule of quality made walnut bowisata steady growth in sales for the past years. However, increased competition has led M Mars, the president, to believe that an give ng campaign will be notary next year to maintain the company's premt growth To prepare for next year's marketing campaign the company controlar los propied and presented Max with the following data for the curry, 2017 Chek the won to view the Read the remote Requirement 1. What is the projected income for 2017 Using the gation method, select the basic tomus sed to compute the target net income for 2017 The target net income for 2017 Requirement 2. What is the breakeven point in unts for 2017 Determine the formula that is used to commute how many bowls are needed to break even the compute the number of bowls needed. (Enter apploable value to the east XXC) Bowlinded to break even Requirements. Mr. Marx has set the revenue target for 2016 a level of $594,000 for 22,000 bowin). He believes an additional marketing cost of $47,250 for advertising in 2018, with all other couturemaining constant will be necessary to attain the revenue target. What is the net income for 2018 If the itional 347.250 is spent and the revenue targets met? The target net income for 2018 Requirement 4. What is the breakeven point in revenues for 2018 the additional 547 250 is spent for advertising? Do not round any of your calculations) Requirement 3. Mr. Many has the revenue target for 2018 at a level of $504,000 (or 22,000 bows) He believes an additional marketing cost of $47.250 for advertising in 2018, with the cost remaining constant will be necessary to win the revenue target. What is the net income for 2018 the additional $47.250 is spent and the revenue target it? The target net income for 2018 is 3 Requirements. What is the brakoven point in revenue for 2018 it the addition 347,250 is spent for advertising? Do not mound any of your caciulatora) The brave point in revenues for 2011 Requirements, the tonal 547.210 is spent whethered 2010 reverns for 2018 not income to 2017 set income? Using the basic tormulu determined in regulament compute the required number of units first, then the red revenue. Do not found any of your calculation) The more uber of units The required revenues Requirement 6. At a sales level of 22,000 unit, what maximum amount can be spent on advertising it a 2018 not income of $40 700 is desired? Do not found any of your cuiculasons) Ups the basic formula dermined in requirement1 The maximum amount that can be spent on advertising is Requirements - X al 1. What is the projected net income for 2017? 2. What is the breakeven point in units for 2017? 3. Mr. Marx has set the revenue target for 2018 at a level of $594,000 (or 22,000 bowls). He believes an additional marketing cost of $47,250 for advertising in 2018, with all other costs remaining constant, will be necessary to attain the revenue target. What is the net income for 2018 if the additional $47,250 is spent and the revenue target is met? 4. What is the breakeven point in revenues for 2018 if the additional $47,250 is spent for advertising? 5. If the additional $47,250 is spent, what are the required 2018 revenues for 2018 net income to equal 2017 net income? 6. At a sales level of 22,000 units, what maximum amount can be spent on advertising if a 2018 net income of $59,700 is desired? ht Print Done Variable cost (per bowl) Direct materials $ 3.50 8.50 Direct manufacturing labor Variable overhead (manufacturing, marketing, distribution and customer service) 1.50 Total variable cost per bowl $ 13.50 Fixed costs Manufacturing $ 16,000 132,500 Marketing, distribution, and customer service Total fixed costs $ 148,500 $ 27.00 Selling price Expected sales, 20,500 units $ 553,500 Income tax rate 40%