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2 Part 2 of 7 Required information [The following information applies to the questions displayed below.] Campbell Company makes and sells products with variable

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2 Part 2 of 7 Required information [The following information applies to the questions displayed below.] Campbell Company makes and sells products with variable costs of $24 each. Campbell incurs annual fixed costs of $365,400. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. eBook b. Determine the break-even point in units and in dollars. Prepare an income statement using the contribution margin format. Print Complete this question by entering your answers in the tabs below. References Req B1 Req B2 Mc Graw Hill Prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) CAMPBELL COMPANY Income Statement Sales Variable cost Contribution margin Fixed cost Net income (loss) 365,400 < Prev 2 3 4 G+ 7 of 7 Next >

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