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Clack my was Required information The following information applies to the questions displayed below) Franklin Company makes and sells products with variable costs of
Clack my was 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 fixed costs of $359,800 The current sales price is $94 Note: The requirements of this question are interdependent. For example, the $280,000 desired proft introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. f. If variable cost rises to $30 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. < Prev 9 of 10 Next >
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