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Hannas income statement is as follows: Sales (10,000 units). $117,000 Less variable costs - 68,000 Contribution margin $49,000 Less fixed costs - 36,000 Net income.
Hannas income statement is as follows:
Sales (10,000 units). $117,000
Less variable costs - 68,000
Contribution margin $49,000
Less fixed costs - 36,000
Net income. $ 13,000
Using the data from above, create a variable cost graph for Hanna, at volumes of 5,000, 10,000 and 15,000 units?
Using the data from above, if Hannas fixed cost increased by 10%, what revenue number yields a profit of $18,000?
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