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Local Technologies Inc. The following monthly results are available for January 2019 for the company's two products. Low Tech Hi Tech Sales Units 20,000 4,000
Local Technologies Inc. The following monthly results are available for January 2019 for the company's two products. Low Tech Hi Tech Sales Units 20,000 4,000 Sales Revenue 200,000 100,000 Variable Expenses 130,000 50,000 Total Fixed costs are $111,000 per month. Required: 1. Prepare a multi-product contribution format income statement for the month to determine the company's Operating Income. Include $/Unit columns. 2. Compute the breakeven in dollar sales for the month. Show formula. Round to the nearest dollar. 3. Compute the breakeven in sales units for the month. Show formula. Round up to full units. 4. Allocate the breakeven sales units to the two products? Show your work
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