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please answer question completely Basic Cost-Volume-Profit Concepts Klamath Company produces a single product. The projected income statement for the coming year is as follows: Sales
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Basic Cost-Volume-Profit Concepts Klamath Company produces a single product. The projected income statement for the coming year is as follows: Sales (50,300 units @ $31.00) $1,559,300 Total variable cost 623,720 Contribution margin $ 935,580 Total fixed cost 1,009,980 Operating income $ (74,400) Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Unit contribution margin Break-even units units 2. Suppose 10,000 units are sold above breakeven. What is the operating income? $ $ 3. Compute the contribution margin ratio. Use the contribution margin ratio to compute the break-even point in sales revenue. Contribution margin ratio % Break-even sales revenue Suppose that revenues are $200,000 more than expected for the coming year. What would the total operating income beStep by Step Solution
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