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PR 20-3A Break-even sales and cost-volume-profit chart (20 POINTS) For the coming year, Cleves Company anticipates a unit selling price of $150, a unit variable
PR 20-3A Break-even sales and cost-volume-profit chart (20 POINTS) For the coming year, Cleves Company anticipates a unit selling price of $150, a unit variable cost of $80, and fixed costs of $525,000. Instructions 1. Compute the anticipated break-even sales (units). 2. Compute the sales (units) required to realize a target profit of $242,900. 3. Construct a cost-volume-profit chart, assuming Minimum sales of 3,500 units using increments of 1,000 units up to a maximum of 12,500 sales units within the relevant range. 4. Determine the probable operating income (loss) if sales total 16,000 units, using original numbers
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