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Required information [The following information applies to the questions displayed below.] Walton Company makes and sells products with variable costs of $24 each. Walton incurs
Required information [The following information applies to the questions displayed below.] Walton Company makes and sells products with variable costs of $24 each. Walton incurs annual fixed costs of $529,200. 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. lequired If variable cost rises to $30 per unit and fixed costs are $327,600, what level of sales is required to earn the desired profit? Express jour 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 $327,600, 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 $327,600, prepare an income statement using the contribution
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