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Question 4 Incorrect Mark 0.00 out of 2.00 V Flag question High-Low Cost Estimation and Profit Planning Comparative 2007 and 2008 income statements for Dakota
Question 4 Incorrect Mark 0.00 out of 2.00 V Flag question High-Low Cost Estimation and Profit Planning Comparative 2007 and 2008 income statements for Dakota Products Inc. follow: DAKOTA PRODUCTS INC. Comparative Income Statements For Years Ending December 31, 2007 and 2008 2007 2008 Unit sales 5,000 8,000 Sales revenue $60,000 $96,000 Expenses (65,000) (77,000) Profit (loss) $(5,000) $19,000 (a) Determine the break-even point in units. 34,500 8 units (b) Determine the unit sales volume required to earn a pretax profit of $8,000. 35,500 8 Marks for this submission: 0.001200
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