Question
Comparative 2007 and 2008 income statements for Dakota Products Inc. follow: 2007 2008 Unit sales 5,000 8,000 Sales revenue $65,000 $104,000 Expenses (71,000) (86,000) Profit
Comparative 2007 and 2008 income statements for Dakota Products Inc. follow:
| 2007 | 2008 | |
| Unit sales | 5,000 | 8,000 |
| Sales revenue | $65,000 | $104,000 |
| Expenses | (71,000) | (86,000) |
| Profit (loss) | $(6,000) | $18,000 |
(a) Determine the break-even point in units. Answerunits (b) Determine the unit sales volume required to earn a profit of $6,000. Answer
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
