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Required information [The following information applies to the questions displayed below.] Benson Company makes and sells products with variable costs of $24 each. Benson incurs
Required information [The following information applies to the questions displayed below.] Benson Company makes and sells products with variable costs of $24 each. Benson incurs annual fixed costs of $333,960. The current sales price is $90. Note: The requirements of this question are interdependent. For example, the $264,000 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. c. Suppose that Benson desires to earn a $264,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Reg C1 Reg C2 Suppose that Benson desires to earn a $264,000 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.) Sales volume in units Sales volume in dollars Required information [The following information applies to the questions displayed below.] Benson Company makes and sells products with variable costs of $24 each. Benson incurs annual fixed costs of $333,960. The current sales price is $90. Note: The requirements of this question are interdependent. For example, the $264,000 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. c. Suppose that Benson desires to earn a $264,000 profit. Determine the sales volume in units and dollars required to earn the desired profit. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Reg C1 Reg C2 Suppose that Benson desires to earn a $264,000 profit. Prepare an income statement using the contribution margin format. (Do not round intermediate calculations. Round your final answers to nearest whole number.) BENSON COMPANY Income Statement
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