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please answer within 10 minutes Short Problems 1. The following is Alvey Corporation's contribution format income statement for last month. A total of 20,000 units
please answer within 10 minutes
Short Problems 1. The following is Alvey Corporation's contribution format income statement for last month. A total of 20,000 units were produced and sold last month (20 Points) Total $1,000,000 700.000 300,000 180,000 S120.000 Sales -Variable Expenses Contribution Margin - Fixed Expenses Net Income Unit $50 35 SIS Ratio 100% 70% 3094 A What is the company's break-even in units? B. What would Sales Dollars need to equal for the company to attain the target Profit of S150,000 C. What is the company's margin of safety in dollar D. What is the company's degree of operating leverage? E if the company expects a 7% Increase in Sales by what percentage will Net Income Increase Step by Step Solution
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