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klinken corporations contribution margin ratio on the sale of its most popular product is 42%. the product is priced at $84, annual fixed expenses are
klinken corporations contribution margin ratio on the sale of its most popular product is 42%. the product is priced at $84, annual fixed expenses are $820,000. management is evaluating two options: (1) lowering variable costs by 20% and (2) reducing fixed expenses by 20%. required: calculate the current level of break-even sales in dollars, as well as the break-even sales for the two options. (do not round intermediate calculations. round your answers to the nearest whole dollar amount.)
Question: Miller Company's Most Recent Income Statement Follows Total $224,000 128,000 Per Unit... Millet Company's most recent income statement follows Sales (16 000 units) Less Variable expenses Total $224 000 128.000 Per Unit $14 8 Contribution margin 96.000 5 6 Less Fbred expenses 39 000 Net income $ 57.000 Required: 1. Prepare a new income statement if the sales volume increases by 30% and the selling price decreases by 53.00. (Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 2. Prepare a new income statement if the selling price decreases by $3.0 per unit, and the sales volume increases by 25% (Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales = Chegg Study 3. Prepare a new income statement if the selling price increases by 51 0 per unit fixed expenses increase by $7,000, and the sales volume decreases by 5% (Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 4. Prepare a new income statement if the selling price increases by 5% variable expenses increase by 20 cents per unit, and the sales volume decreases by 25% (Round "Per Unit" answers to 2 decimal places.) Total Per Unit SalesStep by Step Solution
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