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The equation which reflects a CVP income statement is a. Sales - Variable costs - Fixed costs = Net income. b. Sales + Fixed costs
The equation which reflects a CVP income statement is a. Sales - Variable costs - Fixed costs = Net income. b. Sales + Fixed costs = Variable costs + Net income. c. None d. Sales - Variable costs + Fixed costs = Net income. e. Sales = Cost of goods sold + Operating expenses + Net income. Clear my choice Reliable Manufacturing wants to sell a sufficient quantity of products to earn a profit of $80000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $160000, how many units must be sold to earn income of $80000? A company desires to sell a sufficient quantity of products to earn a profit of $300000. If the unit sales price is $20, unit variable cost is $12, and total fixed costs are $600000, how many units must be sold to earn net income of $300000 ? a. 90000 units b. None c. 67500 units d. 112500 units e. 168750 units Clear my choice
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