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Benson Company makes and sells products with variable costs of $41 each. Benson incurs annual fixed costs of $27,300. The current sales price is $62.
Benson Company makes and sells products with variable costs of $41 each. Benson incurs annual fixed costs of $27,300. The current sales price is $62. Problem 3-23A Part a Required The following requirements are interdependent. For example, the $6,300 desired profit introduced in Requirement calso applies to subsequent requirements. Likewise, the $53 sales price introduced in Requirement d applies to the subsequent requirements. a. Determine the contribution margin per unit. Contribution margin per unit b. Determine the break-even point in units and in dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Required B1 Required B2 Determine the break-even point in units and in dollars. Break-even point in units Break-even point in dollars Required B1 Required B2 > Required B1 Required B2 Prepare an income statement using the contribution margin format. BENSON COMPANY Income Statement Required ci Required C2 Suppose that Benson desires to earn a $6,300 profit. Prepare an income statement using the contribution margin format. BENSON COMPANY Income Statement
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