Question: Read and analyze the problems carefully, provide the given, required and present complete solutions systematically in each item. A. CVP Analysis. The following data are

Read and analyze the problems carefully, provide the given, required and present complete solutions systematically in each item.

Read and analyze the problems carefully, provide the given, required and present

A. CVP Analysis. The following data are taken from the records of Lucy Corporation: Sales, 100,000 units = P3,500,000 Variable expenses = 12,000,000 Fixed expenses = P1,350,000 Required: 1. Compute for the breakeven point un units and pesos. 2. The breakeven point in units and in pesos assuming a. Sales volume increased by 10,000 units b. The variable cost increases by 20% c. Fixed cost increases by 15% d. Selling price per unit decreases by 10% 3. Prepare Contribution Margin Income Statement under each of the conditions in #2. 4. Compute the margin of safety under each condition in #2

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