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GymShark Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units
GymShark Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): $ Sales Variable expenses Contribution margin Fixed expenses Net operating income 105,000 73,500 31,500 27,720 3,780 $ Required: 1. What is the break-even point in dollar sales? 2. How many units must be sold to achieve a target profit of $18,900? 3. What is the degree of operating leverage
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