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Russell Inc. had sales of $2,300,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses. Variable
Russell Inc. had sales of $2,300,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold Selling expenses Administrative expenses $940,000 74,000 96,000 $464,000 54,000 145,000 Prepare a CVP income statement for the quarter ended March 31, 2017 RUSSELL INC. CVP Income statement Pice Company has a unit seling price of $730, variable costs per unit of $500, and fixed costs of $208.400 Compute the break-even point in units using (a) the mathematical equation and (b) unit contribution margin (Round answers to (a) Mathematical Equation (b) Unit contribution margin Broal-ovon point units decimal places, .. 1,225.) unit Click if you would like to show Work for this question: Coen Show Work
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