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QUESTION 1 Using the information provided below for a company that produces and sells three products and allocates fixed costs based on sales revenue, calculate
QUESTION 1 Using the information provided below for a company that produces and sells three products and allocates fixed costs based on sales revenue, calculate unit contribution, breakeven sales units, breakeven price, and breakeven revenue for reach product. Please upload your response as an Excel format file. Crimson Medical Solutions, Inc. Selected Financial Information & Income Statement For the Year Ending December 31, 2020 Price: Variable Cost: Allocated portion of fixed costs: Units sold: Product A Product B $750.00 $500.00 Gross Sales $525.00 $325.00Less: Costs of goods sold $15,469.00 $62,188.00Gross Profits 165 995Less: Fixed costs $1,000,000.00 $599,375.00 $400,625.00 $125,000.00 $275,625.00 Net Income Attach File Browse My Computer Browse Content Collection QUESTION 1 Using the information provided below for a company that produces and sells three products and allocates fixed costs based on sales revenue, calculate unit contribution, breakeven sales units, breakeven price, and breakeven revenue for reach product. Please upload your response as an Excel format file. Crimson Medical Solutions, Inc. Selected Financial Information & Income Statement For the Year Ending December 31, 2020 Price: Variable Cost: Allocated portion of fixed costs: Units sold: Product A Product B $750.00 $500.00 Gross Sales $525.00 $325.00Less: Costs of goods sold $15,469.00 $62,188.00Gross Profits 165 995Less: Fixed costs $1,000,000.00 $599,375.00 $400,625.00 $125,000.00 $275,625.00 Net Income Attach File Browse My Computer Browse Content Collection
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