Question
Comparative 2007 and 2008 income statements for Dakota Products Inc. follow: 2007 2008 Unit sales 5,000 8,000 Sales revenue $60,000 $96,000 Expenses -$65,000 -$77,000 Profit
Comparative 2007 and 2008 income statements for Dakota Products Inc. follow:
| 2007 | 2008 | |
| Unit sales | 5,000 | 8,000 |
| Sales revenue | $60,000 | $96,000 |
| Expenses | -$65,000 | -$77,000 |
| Profit (loss) | -$5,000 | $19,000 |
(a) Determine the break-even point in units.
(b) Determine the unit sales volume required to earn a profit of $8,000.
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Basic Accounting Concepts Principles And Procedures Volume 1
Authors: Gregory Mostyn, Worthy And James
2nd Edition
0991423100, 978-0991423101
