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Please help me with this question. Exercise 4-24 Basic Cost-Volume-Profit Concepts Berry Company produces a single product. The projected income statement for the coming year
Please help me with this question.
Exercise 4-24 Basic Cost-Volume-Profit Concepts Berry Company produces a single product. The projected income statement for the coming year is as follows: Sales (24,000 units @ $75) Less: Variable costs S1,800,000 594,000 1.206,000 984,025 S 221,975 Contribution margin Less: Fixed costs Operating income Required: 1. Compute the unit contribution margin and the units that must be sold to break even. 2. Suppose 30,000 units are sold above break-even. What is the operating income? 3. Compute the contribution margin ratio and the BEPin dollars Suppose that revenues are $500,000 more than expected for the coming year. What would the total operating income beStep by Step Solution
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