Problemfor the coming year sorkin company anticipates a, Ask an Expert

Accounting

Problem:

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.

Required:

Question 1: Compute the anticipated break even sales (units)

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

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

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

Note: Please show the work not just the answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165639

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