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Required Information [The following Information applies to the questions displayed below.] Campbell Company makes and sells products with varlable costs of $24 each. Campbell Incurs
Required Information [The following Information applies to the questions displayed below.] Campbell Company makes and sells products with varlable costs of $24 each. Campbell Incurs annual fixed 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 c also applies to subsequent requirements. LlkewIse, the $80 sales price Introduced In Requirement d applies to the subsequent requirements. b. Determine the break-even point In units and In dollars. Prepare an Income statement using the contribution margin forma Complete this question by entering your answers in the tabs below. Determine the break-even point in units and in dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) b. Determine the break-even point in units and in dollars. Prepare an Income statement using the contribution margin forma Complete this question by entering your answers in the tabs below. Prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) c. Suppose that Campbell desires to earn a $252,000 profit. Determine the sales volume in units and dollars required to earr desired profit. Prepare an Income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Suppose that Campbell desires to earn a $252,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) c. Suppose that Campbell desires to earn a $252,000 profit. Determine the sales volume In units and dollars required to ear desired profit. Prepare an Income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Suppose that Campbell desires to earn a $252,000 profit. Prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) d. If the sales price drops to $80 per unit, what level of sales is required to earn the deslred profit? Express your answer In dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) d. If the sales price drops to $80 per unit, what level of sales is required to earn the deslred profit? Express your answer In units dollars. Prepare an Income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. If the sales price drops to $80 per unit, prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) . If fixed costs drop to $291,200, what level of sales is required to earn the desired profit? Express your answer in units and Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. If fixed costs drop to $291,200, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) . If fixed costs drop to $291,200, what level of sales is required to earn the desired profit? Express your answer in units and dolla Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. If fixed costs drop to $291,200, prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) f. If varlable cost rises to $30 per unit and fixed costs are $291,200, what level of sales is required to earn the desired profit? 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 $291,200, what level of sales is required to earn the desired profit? (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) f. If varlable cost rises to $30 per unit and fixed costs are $291,200, what level of sales is required to earn the desired profit? 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 $291,200, prepare an income statement using the contribution margin format. g. Assume that Campbell concludes that it can sell 10,000 unlts of product for $80 each. Recall that varlable costs are $30 each and fixed costs are $291,200. Compute the margin of safety In units and dollars and as a percentage. (Do not round Intermedlate calculatlons. Round your answers to the nearest whole number. Round your percentage answer to nearest whole percentage For example, 0.1234 should be entered as 12% )
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