High-Low Cost Estimation and Profit Planning (LO3, 4) Comparative 2011 and 2012 income statements for Dakota Products

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High-Low Cost Estimation and Profit Planning (LO3, 4)

Comparative 2011 and 2012 income statements for Dakota Products Inc. follow:

DAKOTA PRODUCTS INC.

Comparative Income Statements For Years Ending December 31, 2011 and 2012 2011 2012 WitESAICS Bera es 5,000 8,000 Sales revenue........ $65,000 $104,000 EXPENSES ieee eanteere se (70,000) (85,000)

Profit (loss).......... $ (5,000) $ 19,000 Required d.

b.

Determine the break-even point in units.

Determine the unit sales volume required to earn a profit of $10,000.

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Managerial Accounting

ISBN: 9781934319802

6th Edition

Authors: Hartgraves And Morse

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