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Amarok Company sold 26,900 units last year at $16.50 each. Variable cost was $11.60, and total fixed cost was $136,710. Required: 1. Prepare an income
Amarok Company sold 26,900 units last year at $16.50 each. Variable cost was $11.60, and total fixed cost was $136,710. Required: 1. Prepare an income statement for Amarok for last year. 2. Calculate the break-even point in units. 3. Calculate the units that Amarok must sell to earn operating income of $15,680 this year
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