please can I get help on 7, 8 and part 2 ? thank you!

may be Part Using the information on page 1, answer the following .td. makes portab ed in production and sales volume amount to 20.00 (20,000 high and the current cost data, a ting Plan: "At t Baby Center Ltd. CVP December 31, 2018 eived cost 4E.50 126 000 cturing 2. Using the above CVP Income Statement, determine the Company's contribution margin ratio for le Man 2018. Round to zero decimal places 290 000 Ccont margin 12800 00 Csles) g a ping 3. Using the 2018 cost data, determine the 2018 break-even point in number of high chairs for the ny, assuming no changes to selling price or costs. For full credit, please show the elements of your computations. Round to the nearest next whole unit. b 0 2 4. Assuming the selling price and cost changes in the Marketing Plan are adopted, prepare a CVP Income Statement for 2019, assuming sales and production increase by 25% as outlined in the Marketing Plan Round to the Baby Center Ltd. CVP Income Statement For the Year Ended December 31,2019 anable Costs 123750b 155000D 2. y 15.,000 high chairs the govemment would Maran 2. 140%0o ncone 17210O diional machine. Refse d that the e20,000 high chairs 5. Answer the following two questions: What is the change in Net Income from 2018 that Baby Center would realize if they adopted the marketing plan in 2019? a. me or net loss th 11 2100 54 000 15y DOo b. Should Baby Center adopt the marketing plan for 2019? 1es using the CVP Income Statement prepared in #4 above, determine the Company's contribution margin ratio for 2019. 6, Round to zero decimal places. 550000 determine the break-even point in number of high chairs for the company in 2019. For full credit, please show the elements of your computations. Round to the nearest next whole unit. 7. Assuming the selling price and cost changes in the Marketing Plan are adopted 8. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of high chairs the company would need to sell in 2019 in order to earn $200,000 in profit. For full credit, please show the elements of your computations. Round to the nearest next whole unit Part 2 Baby Center Ltd. has been approached by the government, which is seeking to buy 15,000 high chairs for its day care centers in 2019. The proposed government contract states that the pay Baby Center a price of $42 per high chair. If Baby they would avoid packaging costs for this government would Center decides to accept this special order contract as well as all variable selling and ministrative costs. The company's capacity is limited to only 30,000 units. If they accept the government contract, they will need to increase their capacity by renting an additional machine. Refer to page 1 for the company's estimated cost data and additional machine rental cost. Assume that Baby Center does not adopt the proposed Marketing Plan and that the company's production 2019 and sales level without the govemment contract is expected to be 20,000 high chairs for Prepare an analysis below to determine the incremental net income or net loss that Baby Center would recognize if they accept this special order. 1. 2. Should Baby Center accept or reject the government contract