Part 1-pertains to Module 16
DATA
ABC, Inc. is a newly organized manufacturing business this year.
The following company's costs and expenses are:

	Sales price per unit		$41
	Manufacturing costs:				Fixed Costs	Variable Costs
			Direct materials			$8
			Direct labor			6
			Variable Manufacturing overhead			3
			Fixed Manufacturing overhead		$80,000
		Period expenses:
			Variable Selling and administrative expenses			4
			Fixed Selling and Administrative expenses		20,000
		Totals			$100,000	$21
	Units sold		6,000	units
Required: Use the information in the DATA field above using cell referencing to answer the following requirements.
1. Prepare a contribution income statement for the year ignoring income tax implication.
2. Calculate the breakeven point in units.
3. Calculate the breakeven point in sales dollars.
4. Calculate the margin of safety in sales dollars.
5. Calculate the company's operating leverage.
6. Calculate the percentage change in profits if sales are projected to increase by 5%.