For the coming year, Cleves Company anticipates a unit selling price of $100, a unit variable cost of $60, and fixed costs of $480,000.

Required:

1. Compute the anticipated break-even sales in units. units

2. Compute the sales (units) required to realize a target profit of $240,000. units

3. Construct a cost-volume-profit chart, assuming maximum sales of 20,000 units within the relevant range. From your chart, indicate whether each of the following sales levels would produce a profit, a loss, or break-even.

$1,200,000	Select Break-even Loss Profit Item 3
$1,000,000	Select Break-even Loss Profit Item 4
$800,000	Select Break-even Loss Profit Item 5
$400,000	Select Break-even Loss Profit Item 6
$200,000	Select Break-even Loss Profit Item 7

4. Determine the probable income (loss) from operations if sales total 16,000 units. $ Select Income Loss Item 9