to confirm, this is for question M15-11

voor uw i UR UTCAR-Gven equal m e 10 take into account the sales required to earn a desired profit? 015-8. How does a profit-volume graph differ from a cost-volume-profit graph? When is a profit-volume graph most likely to be used? 015-9. What impact do income taxes have on the sales volume required to earn a desired after-tax profit? 015-10. How are profit opportunities and the risk of losses affected by operating leverage? Assignments with the logo in the margin are available in Business Course. See the Preface of the book for details. MINI EXERCISES M15-11. Profitability Analysis (L03) Assume a local Cost Cutters provides cuts, perms, and hairstyling services. Annual fixed costs are $120,000, and variable costs are 40 percent of sales revenue. Last year's revenues totaled $250,000 Required a. Determine its break-even point in sales dollars. b. Determine last year's margin of safety in sales dollars. c. Determine the sales volume required for an annual profit of $80,000. M15-12. Cost-Volume-Profit Graph: Identification and Sensitivity Analysis (L03) A typical cost-volume-profit graph is presented below