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Base Company sells baskets. The planned income statement for the next year is as follows:$952000 sales revenue$571200 variable costs$276000 fixed costs Round your final answers
Base Company sells baskets. The planned income statement for the next year is as follows:$952000 sales revenue$571200 variable costs$276000 fixed costs Round your final answers to the nearest dollar.
1. What is break-even revenue with this plan?
2. Planned net income is $104800. How much revenue does Base Company need to increase net income by $30000?
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