ldoghisHome -MDo It! Review 6-1 a, b1Victoria Company reports the following operating results for the month of April.CALCULATORPRINTER VEVICTORIA COMPANYCVP Income StatementFor the Month Ended April 30, 2020TotalPer UnitSales (9,000 units)$450,000$50Variable costs225,00025.00Contribution margin225,000$25.00Fixed expenses175,050Net income$49,950Management is considering the following course of action to increase net income: ReduceManagement is confident that this change will increase unit sales by 20%.selling price by 5%, with nơ changes to unit variable costs or fixed couUsing the contribution margin technique, compute the break-even point in units and dollars and margin of safety in dollars: (Round intermediate calculations to adecimal places e.g. 0.2522 and final answer to 0 decimal places, e.g. 2,510.)(a) Assuming no changes to selling price or costs.unitsBreak-even point1118 PMENG/14/2021Break-even point$中2$Margin of safetyearchInsert1O Hòme-MyADUring the following course of action to increase net income: Reduce the selling price by 5%, with no changes to unit variable costs or foed cois confident that this change will increase unit sales by 20%.CALCULATORPRINTER VERSIONUsing the contribution margin technique, compute the break-even point in units and dollars and margin of safety in dollars: (Round intermediate calculations todecimal places e.g. 0.2522 and final answer to 0 decimal places, e.g. 2,510.)(a) Assuming no changes to selling price or costs.Break-even pointunitsBreak-even point$4Margin of safety%$4(b1) Assuming changes to sales price and volume as described above.unitsBreak-even pointBreak-even point$4Margin of safety$1Click if you would like to Show Work for this question: Open Show Work

Breakeven point=Fixed costContribution margin

oghis Do It! Review 6-1 a, b1 Victoria Company reports the following operating results for the month of April. CALCULATOR PR VICTORIA COMPANY CVP Income Statement For the Month Ended April 30, 2020 Total Per Unit Sales (9,000 units) $450,000 $50 Variable costs 225,000 25.00 Contribution margin 225,000 $25.00 175,050 Fixed expenses $49,950 Management is considering the following course of action to increase net income: Reduce the selling price by 5%, with no changes to unit variable costs o Management is confident that this change will increase unit sales by 20%. Net income

oghis Do It! Review 6-1 a, b1 Victoria Company reports the following operating results for the month of April. CALCULATOR PR VICTORIA COMPANY CVP Income Statement For the Month Ended April 30, 2020 Total Per Unit Sales (9,000 units) $450,000 $50 Variable costs 225,000 25.00 Contribution margin 225,000 $25.00 175,050 Fixed expenses $49,950 Management is considering the following course of action to increase net income: Reduce the selling price by 5%, with no changes to unit variable costs o Management is confident that this change will increase unit sales by 20%. Net income

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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