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please help me solve the insturctions are listed below. Cost-Volume-Profit Equation, Basic Concepts, Solving for Unknowns Legrand Company produces hand cream in plastic jars. Each
please help me solve the insturctions are listed below.
Cost-Volume-Profit Equation, Basic Concepts, Solving for Unknowns Legrand Company produces hand cream in plastic jars. Each jar sells for $3.40. The variable cost for each jar (materials, labor, and overhead) totals $2.55. The total fixed cost is $58,140. During the most recent year, 81,600 jars were sold Required: 1. What is the break-even point in units for Legrand? What is the margin of safety in units for the most recent year? 2. Prepare an income statement for Legrand's most recent year 3 How many units must be sold for Legrand to earm a profit of $25,300? 4 What is the level of sales dollars needed for Legrand to earn operating income of 10% of salesStep by Step Solution
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