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Question 1 CVP Analysis Brandon Manufacturing provides the data below relating to its single product for 2020: Selling price per unit $20 Annual fixed costs
Question 1 CVP Analysis
Brandon Manufacturing provides the data below relating to its single product for 2020:
- Selling price per unit $20
- Annual fixed costs $280,800
- Variable costs per unit $14
- Annual sales volume expected in 2020: 52,000 units
Required:
- Complete the following table calculating each requirement listed in the table.
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- Prepare a Contribution Margin Income Statement for the expected sales in 2020: (given the original data)
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