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Khaling Company sold 26,850 unts last year at $15.00 each. Variable cost was $11.70, and total fixed cost was $116,440 Required: 1. Prepare an income
Khaling Company sold 26,850 unts last year at $15.00 each. Variable cost was $11.70, and total fixed cost was $116,440 Required: 1. Prepare an income statement for Khaling for fast year. 2. Calculate the break-even point in units. 3. Calculate the units that Khaing must sel to earn operating income of $11,480 this year Contribution Margin Income Statement Khaling Company Contribution Margin Income Statement For the Last Year 1 2 3 4 OTURUTY MUUTTU WITTE Unit Calculations 1 text items within your income sta 2 Calculate the break-even point in units. 3. Calculate the units that Khaling must sell to earn operating income of $11,480 this year
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