Question: Professionally prepare this information using Excel or Word. Set up the information, formatted, and using borders and tables as needed. Candyland Inc. produces a particularly

Professionally prepare this information using Excel or Word. Set up the information, formatted, and using borders and tables as needed.

Professionally prepare this information using Excel or Word. Set up the information,

formatted, and using borders and tables as needed. Candyland Inc. produces a

Candyland Inc. produces a particularly rich praline fudge. Each 10-ounce box sells for $5.60. Variable unit costs are as follows: Pecans S0.70 Sugar S0.35 Butter S1.85 Other Ingredients S0.34 Box, packing materials S0.76 Selling Commission S0.20 Fixed overhead cost is $32,300 per year. Fixed selling and administrative costs are $12,500 per year. Candyland sold 35,000 boxes last year. 1. Contribution per unit: 1.4 a. Contribution margin ratio: 25% 2. Break-even point in units: 32,000 units a. Break-even sales revenue: $179,200 3. Net operating income: $4,200 4. Margin of safety: $16,800 5. If Candyland wants to earn $11,200, how many boxes do they need to sell? 22,400 units

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