Required information

Skip to question

$[$The following information applies to the questions displayed below.$]$

Trevino Company makes and sells products with variable costs of $$24$ each. Trevino incurs annual fixed costs of $$315,000.$ The current sales price is $$87.$

Note: The requirements of this question are interdependent. For example, the $$252,000$ desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $$80$ sales price introduced in Requirement d applies to the subsequent requirements.

Required

f$.$ If variable cost rises to $$30$ per unit and fixed costs are $$280,000,$ what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format.

Required

f$.$ If variable cost rises to $$30$ per unit and fixed costs are $$280,000,$ what level of sales is required to earn the desired profit? Express

your answer in units and dollars. Prepare an income statement using the contribution margin format.

Complete this question by entering your answers in the tabs below.

If variable cost rises to $$30$ per unit and fixed costs are $$280,000,$ what level of sales is required to earn the desired

profit? Express your answer in units and dollars.

Sales volume in units

Sales volume in dollars Required

f$.$ If variable cost rises to $$30$ per unit and fixed costs are $$280,000,$ what level of sales is required to earn the desired profit? Express

your answer in units and dollars. Prepare an income statement using the contribution margin format.

Complete this question by entering your answers in the tabs below.

If variable cost rises to $$30$ per unit and fixed costs are $$280,000,$ prepare an income statement using the contribution

margin format.

TREVINO COMPANY

Income Statement