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Please answer all parts of question. Good luck ...

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Accounting

Please answer all parts of question. Good luck image
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Problem 5-20 CVP Applications: Break-Even Analysis; Cost Structure; Target Sales [LO5-1, LOS-3, LO5- 4105-5, LO5-6, LO5-8] Northwood Company manufactures basketballs. The company has a ball that sells for $42. At present, the ball is manufactured in a small plant that eies heavily on direct lab workers. Thus, variable expenses are high, totaling $32.00 per ball of which 76% is direct labor cost Last year, the company sold 30,000 of these balls, with the following results: Sales (30,000 ba11s) Variable expenses Contribution margin Pixed expenses Net operating income $ 1,260,000 960,000 300,000 210,000 $ 90,000

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