i have an accounting assignment. it is in the attachment. read it and let me know.

Project 1 – 20 points

ACTG3020

For 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 – 6 above, showing all calculations