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Franklin Company makes and selis products with variable costs of $24 each. Franklin incurs annual fixed costs of $390,600. The current sales price is $87.
Franklin Company makes and selis products with variable costs of $24 each. Franklin incurs annual fixed costs of $390,600. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Llkewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. Determine the break-even point in units and in dollars. Prepare an income statement using the contribution margin forma Complete this question by entering your answers in the tabs below. Prepare an income statoment using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whok number.)
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