Project 1 â€“ 20 points ACTG3020 this project, you will create a scenario for a business or other organization and use CVP analysis to show the following: 1. Breakeven in units 2. Breakeven in dollars 3. Target sales in units for achieving a $50,000 target NI 4. Target sales in dollars for achieving a $50,000 target NI 5. Calculate what the new sales price should be in order to achieve a $10,000 NI using the breakeven in units (#1 above) for sales volume (Q) 6. Calculate what the variable cost per unit would need to be in order to achieve a $10,000 NI using the breakeven in units (#1 above) for sales volume (Q) Requirements: A. Define each CVP variable for your scenario: SP = VC = FC = B. Calculate: CM per unit = CM ratio = C. Calculate #1 â€“ 6 above, showing all calculations
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