Question
Reed Company sells dolls. The planned income statement for the next year is as follows: $812000 sales revenue $324800 variable costs $429600 fixed costs Round
Reed Company sells dolls. The planned income statement for the next year is as follows: $812000 sales revenue $324800 variable costs $429600 fixed costs Round your final answers to the nearest dollar.
1. What is break-even revenue with this plan?
2. Planned net income is $57600. How much revenue does Reed Company need to increase net income by $30000?
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Advanced Management Accounting
Authors: Robert S. Kaplan, Anthony A. Atkinson, Kaplan And Atkinson
3rd Edition
0132622882, 978-0132622882
