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Check my work OT Required information [The following information applies to the questions displayed below] Franklin Company makes and sells products with variable costs
Check my work OT Required information [The following information applies to the questions displayed below] Franklin Company makes and sells products with variable costs of $24 each. Franklin incurs annual fond costs of $359,800. The current sales price is $94 Note: The requirements of this question are interdependent. For example, the $280,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. e. If fixed costs drop to $294,000, 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. < Prev 8 3 10 of 10 Next > 2:51 PM 2/6/2022
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