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For the coming year, Sorkin Company anticipates a unit selling price of $80, a unit variable cost of $40, and fixed costs of $400,000.

1. Compute the anticipated break even sales (units)

2. Compute the sales (units) required to relize income from operations of $200,00

3. Construct a cost-volume-profit chart, assuming maximum sales of 20,000 units within the relevant range

4. Determine the probable income (loss) from operations if sales total 16,000 units

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9963649

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