(Solved): Prepare a contribution income statement at the new breakeven point. \begin{tabular}{|l|l| ...

Prepare a contribution income statement at the new breakeven point. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ CONNELLY, INC. } \\ \hline \multicolumn{2}{|c|}{ Contribution Income Statement } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Original amount & & \\ \hline Incremental amount & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Jan has set the sales target for 71,050 ice cream makers, which she thinks she can achieve by an additional fixed selling expense of $\$196,365$ for advertising. All other costs remain as per the data in the above table. What will be the operating profit if the additional $\$196,365$ is spent on advertising and sales rise to 71,050 units? If the costs and sales price remain the same, what is the projected operating profit for the coming year? What is the breakeven point in units for the coming year? (Round your answer up to the nearest whole number.) \begin{tabular}{|l|l|} \hline Breakeven point & units \\ \hline \end{tabular} What will be the new breakeven point if the additional $\$196,365$ is spent on advertising? (Round your answer up to the nearest whole number.) Required: 1. If the costs and sales price remain the same, what is the projected operating profit for the coming year? 2. What is the breakeven point in units for the coming year? $\$196,365$ is spent on advertising and sales rise to 71,050 units? $4?a$. What will be the new breakeven point if the additional $\$196,365$ is spent on advertising? 4-b. Prepare a contribution income statement at the new breakeven point. 4-c. What is the percentage change in both fixed costs and in the breakeven point? 5. If the additional $\$196,365$ is spent for advertising in the next year, what is the sales level (in units) needed to equal the current year's operating profit at 68,000 units? What is the percentage change in both fixed costs and in the breakeven point? (Input your answers as percentages rounded to 2 decimal places (i.e., .1567 = $15.67\%$.).) If the additional $\$196,365$ is spent for advertising in the next year, what is the sales level (in units) needed to equal the current year's operating profit at 68,000 units? (Round your answer up to the nearest whole number.)