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can you please show work thank you! 18. Royale, Inc. needs a...

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Accounting

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18. Royale, Inc. needs a forecast (budget) Income Statement and Cost-Volume-Profit information for May 2021. All of Royale's costs are mixed costs. The company sells one product at a single price per unit Instructions: a) Make up your own May 2021 Budget data in the following format: Sales Revenue Budget: Sales Units Sales Price per Unit Total Sales Revenue S?? $?? X Mised Cost Datants and count must be different en cach line to rele credin: Units Preded Tocal Cent 9713 327971 b) Calculate your Variable Cost per unit and Total Fixed Cost using the High-low Method. c) Calculate your budget Net Income or Loss for May 2021 for the number of units on your Sales Revenue Budget. d) Calculate your total Contribution Margin (CM) and CM per unit. e) Calculate your Break-Even Sales units and Break-Even Sales Revenue (round to nearest unit and I of Sales Revenue). 1) Calculate the Margin of Safety percentage (ratio) at your budget Sales Revenue (round to nearest 00.0%)

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