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Show your works in answer a questions Temp Range Company prepared the following income statement for 2016: TEMP RANGE COMPANY Income Statement (Current product) For

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Show your works in answer a questions Temp Range Company prepared the following income statement for 2016: TEMP RANGE COMPANY Income Statement (Current product) For the Year Ended August 31, 2016 $200,000 Sales (5,000 units) 75.000 Variable expenses 125,000 Contribution margin 83,200 Fixed expenses Net income Instructions Answer the following independent questions and show computations to support your answers 1. Draw a CVP graph to show breakeven point in units and in sales revenues (in dollars) and explain your CVP graph

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