ULICULATOR PRINTER VERSION BACK NEXT Problem 22-06A a-d (Part Level Submission) Sandhill Corporation has collected the following information after its first year of sales. Sales were $1,250,000 on 125,000 units, selling expenses $20.000 (40% variable and 60% fixed), direct materials $512,000, direct labor $20,900, administrative expenses $276,000 (20% variable and fed, and manufacturing overhead $362,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year. Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current y (1) Contribution margin for current year Contribution margin for projected year (2) Fixed Costs LINK TO TEXT LINK TO VIDE Compute the break-even point in units and sales dollars for the current year. Break-even point in units units Break-even point in dollars LINK TO TEXT LINK TO VIDE The company has a target net income of $216,000. What is the required sales in dollars for the company to meet its targe Sales dollars required for target net income LINK TO TEXT LINK TO VIDE If the company meets its target net income number, by what percentage could its sales fall before it is operating at a loss Margin of safety ratio