MY NC 1. [-/4 Points) DETAILS Question 1: CVP relation Sales volume in units 100 Revenue $8,000 Variable costs 57,000 Contribution margin $1,000 Fixed costs $600 Front 5400 a) Compute the following items! price un VC- unit CM b) Write down the CVP relation. Profit -volume- (e. Profit4"volume-1000, enter 4 in the first box and 1000 in the second box). c) Predict profit at sales volume of 120 units: d) Your boss gave you a profit target of $700. How many units do you need to sell to meet this target? e) Compute the breakeven point breakeven volume = breakeven revenue = 1) Compute the margin of safety at current sales volume of 100 units: (eg, if your answer is 20%, enter 20 without the sign) If sales decrease by 35%, will you lose money? YES NO hom MacBook Pro Q Search or enter website name nh @ $ # 3 % 2 4 5 6 & 7 8 Q W E R T Y web VC CM b) Write down the CVP relation Profit -volume- 10. Profited volume-1000, enter in the first box and 1000 in the second box) c) Predict profit at sales volume of 120 units a) Your boss gave you a profit target of $700. How many units do you need to sell to meet this target? e) Compute the breakeven point: breakeven volume breakeven revenue ) Compute the margin of safety at current sales volume of 100 units (eg, your answer is 20%, enter 20 without the sign) If sales decrease by 35%, will you lose money? YES NO If sales decrease by 45%, will you lose money? YES NO a) When sales volume increases by 10 units (from any initial level in the relevant range), profit increases by: price"10 = $800 not enough information unit CM 10 = $100 unit VC10 - 5700 Submit Antwer 2. (-/4 Points) DETAILS MYN Question 2 CVP relation version 2 MacBook Pro esc Q Search or enter website name 2 3 4 07 de & 7 6 8