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Ace company has provided the following data: Sales 3,000 units Sales...

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Accounting

Ace company has provided the following data:
Sales 3,000 units
Sales price $70 per unit
Variable cost $50 per unit
Fixed cost $25,000
SHOW ALL COMPUTATIONS:
a) Compute the breakeven sales in units and dollars?
b) Prepare a CM format income statement at BE.
c) Compute the CM Ratio (use 4 decimal points, if necessary).
d) Use original data above. Compute the operating income or loss if the sales price and variable cost per unit are increased by 10%, total fixed cost is decreased by 20%, and sales volume is decreased by 10%. Hint: Prepare CM Income Statement.
Please note: For each income statement above, you must show number of units X $ per unit where appropriate.

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