Heading 2 No Spacing Heading 1 Normal Problem 5 For the past year, Chandler Company had fixed costs of $70,000, unit variable costs of $32, and a unit selling price of $40. For the coming year, no changes are expected in revenues and costs, except that property taxes are expected to increase by $10,000. Determine the break-even sales (units) for (a) the past year and PLACE ANSWER HERE (b) the coming year. PLACE ANSWER HERE Heading 2 No Spacing Heading 1 Normal Problem 6 If a company with a break-even point at $700,000 in sales revenue had fixed costs of $262,500, variable costs of $500,000, and actual sales of $1,000,000, determine (a) the margin of safety expressed in dollars, PLACE ANSWER HERE (b) the margin of safety expressed as a percentage of sales, PLACE ANSWER HERE (c) the contribution margin ratio, and PLACE ANSWER HERE (d) the operating income. PLACE ANSWER HERE