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Springhill Company prepared the following projected income statement: Sales (5,000 units @ $12 each) $60,000 Less: Variable Costs 45,000 Fixed Costs 6,900 51,900 Operating Income
- Springhill Company prepared the following projected income statement:
Sales (5,000 units @ $12 each) $60,000
Less: Variable Costs 45,000
Fixed Costs 6,900 51,900
Operating Income $ 8,100
- Calculate unit variable cost
- Calculate breakeven number of units
- Calculate the contribution margin ratio
- Calculate breakeven revenue _
- If Springhill wants to make a profit of $20,000, what revenue must it earn to do so? _______________
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