Question
Can some one help me draw the chart? During the upcoming year Saratoga Co. expects the following data: Expected unit selling price is: $215 Expected
Can some one help me draw the chart?
During the upcoming year Saratoga Co. expects the following data:
Expected unit selling price is: $215
Expected unit variable cost is: $120
Expected total fixed costs are: $1,860,500
Required
1. Calculate breakeven point in both units and dollars. (Show work below.) Round units to the nearest unit and round dollars to the nearest dollar.
2. Compute sales units required to realize income from operations of $720,000. 3. Construct a cost-volume-profit chart assuming maximum sales in the relevant range of 40,000 units. ( Use the available graph template below.) Clearly label the following SEVEN parts of the graph: 1.) Sales Revenue; 2.) Fixed Costs; 3.) Variable Costs; 4.) Total Costs; 5.) Profit Area; 6.) Loss Area; and 7.) Break Even Point.
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