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Check your results by calculation. LO3 From the following planned income statement, construct a break-even chart and: find the break-even point find the margin of
Check your results by calculation.
LO3 From the following planned income statement, construct a break-even chart and:
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find the break-even point
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find the margin of safety
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estimate the sales necessary for a profit of $5,000
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convert this information into a profitvolume chart.
Sales | 12,000 units @ $7.50 each | $90,000 |
Variable costs | 12,000 units @ $4 each | $48,000 |
Fixed costs | $20,000 |
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