Question
High-Low Cost Estimation and Profit Planning Comparative 2007 and 2008 income statements for Dakota Products Inc. follow: DAKOTA PRODUCTS INC. Comparative Income Statements For Years
High-Low Cost Estimation and Profit Planning Comparative 2007 and 2008 income statements for Dakota Products Inc. follow:
| DAKOTA PRODUCTS INC. Comparative Income Statements For Years Ending December 31, 2007 and 2008 | ||
|---|---|---|
| 2007 | 2008 | |
| Unit sales | 5,000 | 8,000 |
| Sales revenue | $75,000 | $120,000 |
| Expenses | (82,000) | (103,000) |
| Profit (loss) | $(7,000) | $17,000 |
(a) Determine the break-even point in units. Answer
units (b) Determine the unit sales volume required to earn a profit of $7,000. Answer
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A Guide To Project Auditing
Authors: Association For Project Management
1st Edition
1903494745, 978-1903494745
