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Check my work 10 Required information [The following information applies to the questions displayed below.] Rooney Company makes and sells products with variable costs of
Check my work 10 Required information [The following information applies to the questions displayed below.] Rooney Company makes and sells products with variable costs of $64 each. Rooney incurs annual fixed costs of $26,400. Part 1 of 7 The current sales price is $80 0.29 points Required The following requirements are interdependent. For example, the $6,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $76 sales price introduced in Requirement d applies to the subsequent requirements a. Determine the contribution margin per unit. ntribution 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 B1Required 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> 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 Prepare an income statement using the contribution margin format. ROONEY COMPANY Income Statement Required B1 Required B2 c.Suppose that Rooney desires to earn a $6,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Required C1 Required C2 Suppose that Rooney desires to earn a $6,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. Sales volume in units Sales volume in dollars Required C1 Required C2> c. Suppose that Rooney desires to earn a $6,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Required C1 Required C2 Suppose that Rooney desires to earn a $6,000 profit. Prepare an income statement using the contribution margin format ROONEY COMPANY Income Statement K Required C1 Required C2 d. If the sales price drops to $76 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format Complete this question by entering your answers in the tabs below Required D1 Required D2 If the sales price drops to $76 per unit, what level of sales is required to earn the desired profit? Express your answer In units and dollars. Sales volume in units Sales volume in dollars Required D1 Required D2 > d. If the sales price drops to $76 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below Required D1 Required D2 If the sales price drops to $76 per unit, prepare an income statement using the contribution margin format. ROONEY COMPANY Income Statement K Required D1 Required D2
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