Question: Need help finding break even sales Blossom Profiles provides testing services to school districts that wish to assess students' reading and mathematical abilities. Last year

Need help finding break even salesNeed help finding break even sales Blossom Profiles provides testing services toschool districts that wish to assess students' reading and mathematical abilities. Lastyear Blossom evaluated 36,000 math tests and 12,000 reading tests. An incomestatement for last year follows. Math Testing Reading Testing Sales revenue Variable

Blossom Profiles provides testing services to school districts that wish to assess students' reading and mathematical abilities. Last year Blossom evaluated 36,000 math tests and 12,000 reading tests. An income statement for last year follows. Math Testing Reading Testing Sales revenue Variable expenses Contribution margin Fixed expenses Operating income Total $1,080,000 756,000 $324,000 Per Unit $30 21.00 $9.00 Total $552,000 276.000 $276,000 Per Unit $46 23 $23 Total Company $1,632,000 1,032,000 600,000 300,000 $300,000 (a) Your answer is correct. What is Blossom's breakeven point in sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round Breakeven units and point in dollar to 0 decimal places, e.g. 5,275.) $ 816000 Breakeven sales Your answer is correct. In an effort to raise the demand for reading tests, managers are planning to lower the price from $46 per test to $30 per test, the current price of the math test. They believe that doing so will increase the demand for reading tests to 36,000. Prepare a contribution format income statement reflecting Blossom's new pricing and demand structure. Blossom Profiles Contribution Income Statement Math Testing Total Per Unit Total Sales 1080000 $ 30 $ Variable Expenses V 756000 i 21 i 828 Contribution Margin $ 324000 $ 9 $ Fixed Expenses Operating Income /(Loss) V e Textbook and Media Attempts: 1 of 3 used Your answer is correct. In an effort to raise the demand for reading tests, managers are planning to lower the price from $46 per test to $30 per test, the current price of the math test. They believe that doing so will increase the demand for reading tests to 36,000. Prepare a contribution format income statement reflecting Blossoms new pricing and demand structure. Blossom Profiles Contribution Income Statement Reading Testing Per Unit Total Per Unit Total Company 30 $ 1080000 $ 30 $ 2160000 21 828000 i 23 i 1584000 i 9 $ 252000 $ 7 576000 300000 i 276000 e Textbook and Media Attempts: 1 of 3 used Your answer is partially correct. What will be Blossom's breakeven point in sales dollars if this change is implemented? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round Breakeven units and point in dollar to 0 decimal places, e.g. 5,275.) $ Breakeven sales 1,125,000 Do you recommend that Blossom make the change? Blossom should not v make the change. Recommendation: e Textbook and Media Assistance Used Save for Later Last saved 46 minutes ago. Attempts: 1 of 3 used Submit Answer Saved work will be auto-submitted on the due date

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