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Need help with part g Problem 3-23A Comprehensive CVP analysis LO 3-3, 3-4, 3-5 Rosenthal Company makes and sells products with variable costs of $67
Need help with part g
Problem 3-23A Comprehensive CVP analysis LO 3-3, 3-4, 3-5 Rosenthal Company makes and sells products with variable costs of $67 each. Rosenthal incurs annual fixed costs of $30,800. The current sales price is $81. Required: The following requirements are interdependent. For example, the $4,200 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $77 sales price introduced in Requirement d applies to the subsequent requirements. a Determine the contribution margin per unit. 14 V Contribution margin per unit b-1. Determine the break-even point in units and in dollars 2,200 Break-even point in units Break-even point in dollars 178,200 b-2. Prepare an income statement using the contribution margin format. ROSENTHAL COMPANY Income Statement 178,200 Sales 147, 400V Variable cost 30,800V Contribution margin 30,800 Fixed cost Net incomeStep by Step Solution
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