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The Spitfire Model Airplane Company has the following modified income statement ($000) at 100,000 units of production. What are Spitfire's contribution margin and dollar breakeven
The Spitfire Model Airplane Company has the following modified income statement ($000) at 100,000 units of production. What are Spitfire's contribution margin and dollar breakeven point? Enter your contribution margin answer in decimals and not in percentage. Enter your break-even sales answer in whole dollars. For example, an answer of $1 thousand should be entered as 1,000, not 1. calculate spitfire's current DFL, DOL, and DTL. Round the answers to two decimal places. Calculate the current EPS and estimate what It would become if sales declined by 25%. Use the DTL first and then recalculate the modified income statement. (Assume a negative EBT generates a negative tax.) Round your answers to two decimal places, use a minus sign to indicate a negative
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