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2.Another board member at the 20x0 meeting responded to that query, asking, Who cares what it takes to make zero net income? Id like to

image text in transcribed2.Another board member at the 20x0 meeting responded to that query, asking, Who cares what it takes to make zero net income? Id like to know what sales would be necessary to make $2 million a year as we did in the old days! Harrumph! Calculate the sales (in plates) PPI needed to yield a net income of $2 million, using 20x0s cost structure. Your submission here will be one number (the number of plates PPI would have needed to sell in 20x0 to have earned a net income of $2 million). Please explain your answer!

Absorption costing- PPI 200 Selling and Administrative costs (all fixed) Operating income Finished Goods Inventory, Ending Balance Finished Goods Inventory, Ending Balance

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