Question: please solve step by step for my understanding. thanks Topic: CVP analysis. Student Name: Student ID: CVP application eliminate product from operations? Body Sculpture, Inc.,


please solve step by step for my understanding. thanks
Topic: CVP analysis. Student Name: Student ID: CVP application eliminate product from operations? Body Sculpture, Inc., makes three models of high-performance weight rain benches, current operating data are su c ed here Mega Muscle Power Gym Perforce Selling price per 280 580 154 116 Contribution margin per unit 6.000 Monthly sales volume-units 4.000 2.000 Total of 1.280.000 Fixed expenses per month REQUIRED: a. Calculate the contribution margin ratio of each product. t. Calculate the firm's overall contribution margin ratio c. Calculate the firm's monthly break-even point in sales dollars. d. Calculate the firm's monthly operating income. e. Management is considering the elimination of the Parforce model due to its low sales volume and low contribution margin ratio. As a result, total fized expenses can be reduced to $1,000,000 per month. Assuming that this change would not affect the other models, would you recommend the elimination of the Perforce model? Explain your answer 1. Assume the same facts as in parte. Assume that the sales volume for the Power Gym model will increase by 1,000 units per manth if the Perforce model is eliminated. Would you recommend eliminating the Perforce model
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