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Previous Page Next Page Page 2 of 3 Question 11 (5 points) Cost volume profit analysis Hill View produces a single product. The projected income
Previous Page Next Page Page 2 of 3 Question 11 (5 points) Cost volume profit analysis Hill View produces a single product. The projected income statement for the coming year is as follows: Sales (40,000 units @ $35) Total variable cost Contribution margin Total fixed cost Operating income $1,400,000 $(800,000) $600,000 $(250,000) $350,000 Required: a. Compute the break-even point in units and sales dollars (Note: round to the nearest unit and dollar). Format Format
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