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Expand Your Critical Thinking 22-02 (Part Level Submission) The condensed income statement for the Sunland and Paul partnership for 2020 is as follows Sunland and
Expand Your Critical Thinking 22-02 (Part Level Submission) The condensed income statement for the Sunland and Paul partnership for 2020 is as follows Sunland and Paul Company Income Statement For the Year Ended December 31, 2020 Sales (280,000 units) Cost of goods sold Gross profit Operating expenses Selling Administrative $1,400,000 896,000 504,000 $340,000 203,000 543,000 $(39,000) Net loss A cost behavior analysis indicates that 75% of the cost of goods sold are variable, 42% of the selling expenses are variable, and 40% of the administrative expenses are variable. Compute the break-even point in total sales dollars and in units for 2020. (Round intermediate calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 2,520 Break-even point in dollars Break-even point in units units
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