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Can you show me how to do the steps for questions 1-5? 100,000 Units Traditional income Statement 1 Look at the Income Statement to the
Can you show me how to do the steps for questions 1-5?
100,000 Units Traditional income Statement 1 Look at the Income Statement to the right Revenue $ 1.500,000.00 Variable Fixed $ 1,046.000 $ 105,000 Revenue is 100,000 units sold for $1,500,000 Cost of Goods Sold $ 1.151.000.00 $ 149.00000 Look at this income statement they lost $171,000 Gross Profit How many more would they have had to sell to break even to profit)? Selling Expense Admin Expense 5 $ 250,000.00 270.000.00 $ 100,000 $150,000 $ 54,000 $216.000 $ 1,200,000 $471.000 Net Loss $ 171.000 2 Look at the CVP template fle on Canvas and see if you can put the given revenue and costs into a CVP Income statement for This Company. The problem gives the variable and fixed amounts for each type of expense Create CVP Income Statement Below for on separate paper 3 Use the following formulas to find the Break even points Break even in Units Feed Costs/Unit Contribution Margin Break even in $$ Feed Costs/Contribution Margin NOTE: The break even in units will be a whole number you will not have to round. Answers Break even in Units Break even in $$$ 4 they increase the number of units sold by 10% (10,000) How much is net income or lou? 5 Company sells 2 products Products of Business Contribution Margin 30% Tablets MP3 Players 60% 40% 35% Fixed Cost $ 120,000 Break Even in S5555 1Step by Step Solution
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