Please answer B-D, using information provided.

Chapter 19 Checkpoint Problem Name Snap Company has the following information available: Direct Materials Direct labor Variable Overhead Variable Selling& Administrative 9.00 per unit 7.00 per unit 5.00 per unit 3.00 per unit Fixed overhead costs are $40,000 annually and fixed selling and administrative costs are $32,000 annually. Selling price is $32.00 per unit REQUIRED: A. Compute the following amounts: I. Selling price per unit 2. Total variable costs per unit 3. Contribution margin per unit 4. Contribution margin ratio 5. Total annual fixed costs 6. Break-even point in units 7. Break-even point in dollars Snap Company is currently selling 15,000 units Compute the following amounts: 1. Net Income 2. Margin of Safety in Dollars 3. Margin of Safety Ratio . What use can B. use ean management make of the margin of safety information C. Compute the following amounts: 1. If Snap Company would like to have $80,000 of net income, how many units would have to be sold? 2. If Snap Company would like to have $64,000 of net income, how many units would have to be sold? 3. By what amount must fixed costs be decreased if Snap Company would like to have $64,000 of net income, but can sell only 16,000 units? Snap Company has a plan under which the selling price would be decreased by $2 per unit and fixed costs would be increased by $3,000. Compute the following amounts 1. New break-even point in units. 2. Unit sales required to achieve a $48,000 target net income 3. The amount by which selling price must be increased if Snap would D. under this new plan: like to have $48,000 of net income, but can only sell 15,000 units. of 15,000 units, should this plan be accepted? Why or why not? of 15,000 units, should this plan be accepted? Why or why not? 4. If this plan also caused an increase in unit sales of 20% over the current sales 5. If this plan also caused an increase in unit sales of 30% over the current sales