Question: please help and add excel formulas too! 1 Make up a business where you will sell only 1 product 2 Use the high-low method to
1 Make up a business where you will sell only 1 product 2 Use the high - low method to calculate variable costs based on the following chart: Unit Selling price is $45.00 3 What is the variable cost per unit? 4 What are the fixed Costs? 5 Prepare an Income Statement showing the contribution margin and the operating income for the sale of 2,100 units in August. 5 Calculate the contribution margin 6 Calculate the contribution margin ratio 7 Calculate the unit contribution margin 8 How many units will your company have to sell to breakeven? 9 What is the breakeven value in sales dollars? 10 How many units will your company have to sell to make a profit of 150,000 ? 11 Change the units in #10 to Sales dollars
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