Shape Math Canvas Replay Corwert Insert Replay 5 8 1 ACC418 CVP Quiz Spring 2019 Topper Company produces a variety of glass products. One division makes windshields for compact automobiles. The division's projected Income statement includes the following for the year: Sales Variable Expenses Fixed Expenses $7,500,000 $3,500,000 $3,200,000 They plan to sell 150,000 units. The tax rate is 35%. Required: 1) How many units do they need to sell to break even? 2) What is the margin of safety in terms of: a. Units b. Revenue 3) How many units must be sold to earn an after tax profit of $1,250,000? 4) Refer to the original data. What is the contribution margin ratio? 5) Refer to the original data. The division manager has decided to increase the advertising budget by $100,000 and reduce the selling price by $5 per unit. These actions will increase sales revenue by $1,000,000. What would be the increase or decrease in net income if this is done? (make sure to say whether it is an increase or decrease). . Show all work! If your answer is not legible to me it will not be counted correct. 5o...slow down when you write your answer. And, label your