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The CVP income statement for Cullumber Machine Company for 2021 appears below. CULLUMBER MACHINE COMPANY Income Statement For the Year Ended December 31, 2021 Sales
The CVP income statement for Cullumber Machine Company for 2021 appears below. CULLUMBER MACHINE COMPANY Income Statement For the Year Ended December 31, 2021 Sales (40,000 units) $1,120,000 Variable expenses 761,600 Contribution margin 358,400 Fixed expenses 420,000 Net income (loss) ($61,600) Answer the following independent questions. (a) What was the company's break-even sales dollars in 2021? Break-even point in sales dollars $ Save for Later Atter
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