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PEM, Inc makes a single product. The first-year income statement is Create a Variable or CVP Income Statement to the right or below for PEM,
PEM, Inc makes a single product. The first-year income statement is
Create a Variable or CVP Income Statement to the right or below for PEM, Inc
What is the break-even in revenue $$?
A A A Variable costs per unit Fixed costs Material 6.00 Overhead $ 300,000.00 $12/unit) Labor $ 9.00 Selling $ 190,000.00 Overhead $ 3.00 Selling $ 5.00 Units sold 25,000 Units Produced 25,000 End Inventory Sale price $ 50.00 Traditional Profit & Loss Statement $ 1,250,000 Sales (25,000 at $50) Cost of Goods Sold: Cost of Goods Sold (25000*30) 750,000 Gross Profit 500,000 Variable Selling (25000*5) Fixed selling 125,000 190,000 Net Income 185,000Step by Step Solution
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