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Required information [The foiiowing information applies to the questions displayed beiow] Campbell Company makes and sells products with variable costs of $24 each. Campbell incurs
Required information [The foiiowing information applies to the questions displayed beiow] Campbell Company makes and sells products with variable costs of $24 each. Campbell incurs annual xed costs of $365,400. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement calso applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. Required b. Determine the breakeven point in units and in dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. RBI: Bl Rea B2 Prepare an income statement using the oontn'bution margin format. Note: Do not round intermediate calculations. Round your nal answers to nearest whole number. Contribution margin _ 7 Net income {loss}
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