Q5 Calculations: break even in units 410.18 break even in...

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Accounting

Q5 Calculations:

break even in units 410.18
break even in sales $4,995,121.86
contribution margin ratio 40%
sales price w/ target profit of $1,000,000 $7,491,435
margin of safety $19,360,528

1. Discuss the importance of Excel Q5 calculations to Wicked Mikes Manufacturing (BE, TP, CM% and MOS). Give examples supported by new numbers (new spreadsheet) of how you would use these calculations as the CFO of the company. Fully discuss the differences between the traditional vs CVP format (minimum of 3).

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