Engineering homework help
Engineering homework help. Due by 5pm MST 3/11/17. 100% Plagiarism Free. A++ Work. I will need all aspects of the assignment (excel spreadsheet and MS Word Informal Memo)Assignment StepsResources:ÿGenerally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC)ÿTutorial help on Excel?ÿand Word functions can be found on the Microsoft?ÿOffice website. There are also additional tutorials via the web offering support for Office products.ÿScenario:ÿMary Willis is the advertising manager for Bargain Shoe Store. She is currently working on a major promotional campaign. Her ideas include the installation of a new lighting system and increased display space that will add $24,000 in fixed costs to the $270,000 in fixed costs currently spent. In addition, Mary is proposing a 5% price decrease ($40 to $38) will produce a 20% increase in sales volume (20,000 to 24,000). Variable costs will remain at $24 per pair of shoes. Management is impressed with Mary’s ideas but concerned about the effects these changes will have on the break-even point and the margin of safety.Completeÿthe following:ÿCompute the current break-even point in units, and compare it to the break-even point in units if Mary’s ideas are used.Compute the margin of safety ratio for current operations and after Mary’s changes are introduced (Round to nearest full percent).Prepare a CVP (Cost-Volume-Profit) income statement for current operations and after Mary’s changes are introduced.Prepareÿa maximum 700-word informal memo to management addressing Mary’s suggested changes.ÿExplain whether Mary’s changes should be adopted. Why or why not? Analyze the above information (three bullet points above) and use this information to support your suggestion.Showÿyour work in Microsoft?ÿWord or Excel?.Completeÿcalculations/computations using Microsoft?ÿWord or Excel?.ÿÿÿFormatÿyour assignment consistent with APA guidelines.Clickÿthe Assignment Files tab to submit your assignment.