An income statement for Cheries Pizza is included in the Working Papers. 1. Use the following information

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An income statement for Cherie’s Pizza is included in the Working Papers.

1. Use the following information to calculate the breakeven point in sales dollars and unit sales for July. The August information will be used to complete the On Your Own below.

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2. Prepare a breakeven income statement for July of the current year.

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Accounting Advanced

ISBN: 9780538447553

9th Edition

Authors: Claudia Bienias Gilbertson

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Question Posted: May 18, 2024 11:12 PM

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An income statement for Cheries Pizza is included in the Working Papers. 1. Use the following information

Question:

Net Sales July $60,000.00 August $80,000.00 Unit Sales Price $8.00 $8.00 Contribution Margin $12,000.00 $10,000.00 Total Fixed Costs $8,000.00 $8,000.00 Unit Variable Cost $6.40 $7.00

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Accounting Advanced

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