Question
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Cleves Company anticipates a unit selling price of $84, a unit variable cost of $42, and
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Cleves Company anticipates a unit selling price of $84, a unit variable cost of $42, and fixed costs of $260,400. Required: 1. Compute the anticipated break-even sales (units). fill in the blank 1 units 2. Compute the sales (units) required to realize a target profit of $92,400. fill in the blank 2 units 3. Construct a cost-volume-profit chart, assuming maximum sales of 12,400 units within the relevant range. From your chart, indicate whether each of the following sales levels would produce a profit, a loss, or break-even. $730,800 $655,200 $520,800 $394,800 $310,800 4. Determine the probable income (loss) from operations if sales total 9,900 units. If required, use the minus sign to indicate a loss. $fill in the blank 8
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