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Income Statement, Break-Even Units, Units to Earn Target Income Instructions Amount Descriptions Instructions Khaling Company sold 27,050 units last year at $16.10 each. Variable
Income Statement, Break-Even Units, Units to Earn Target Income Instructions Amount Descriptions Instructions Khaling Company sold 27,050 units last year at $16.10 each. Variable cost was $11.40, and total fixed cost was $130,660. Required: 1. Prepare an income statement for Khaling for last year. 2. Calculate the break-even point in units. 3. Calculate the units that Khaling must sell to earn operating income of $12,220 this year.
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Introduction to Management Accounting
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
16th edition
978-0133058819, 9780133059748, 133058816, 133058786, 013305974X , 978-0133058789
