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II. Cost-Volume-Profit Analysis (HP 7) Answer here: Leslie Winkle Inc. sells science kits for kids. Consider the following data: Break-even point (units) 5 points The
II. Cost-Volume-Profit Analysis (HP 7) Answer here: Leslie Winkle Inc. sells science kits for kids. Consider the following data: Break-even point (units) 5 points The company plans to sell 30,000 kits during 2022, at a price of $36.50 per Required units to produce 5 points kit. Finished-goods inventory on Jan 1st is 7,000 kits. The company expects stronger sales next year, so they require 15,000 finished-goods inventory on Dec. 31st year. Each kit requires $6.50 of raw materials to produce. The fixed overhead costs are $200,000 for the year. Each kit produced requires 30 minutes of labor, at $12.00 per hour. Manufacturing overhead is allocated at $2.50 per labor hour. Required: Determine (1) the number of units Leslie would need to sell to break even; and, (2) the number of units that would be required to produce
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