question archive For the coming year, Cleves Company anticipates a unit selling price of $100, a unit variable cost of $60, and fixed costs of $480,000
For the coming year, Cleves Company anticipates a unit selling price of $100, a unit variable cost of $60, and fixed costs of $480,000
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For the coming year, Cleves Company anticipates a unit selling price of $100, a unit variable cost of $60, and fixed costs of $480,000.
Required:
1. Compute the anticipated break-even sales in units.
units
2. Compute the sales (units) required to realize a target profit of $240,000.
units
3. Construct a cost-volume-profit chart, assuming maximum sales of 20,000 units within the relevant range. From your chart, indicate whether each of the following sales levels would produce a profit, a loss, or break-even.
| $1,200,000 | SelectBreak-evenLossProfitItem 3 |
| $1,000,000 | SelectBreak-evenLossProfitItem 4 |
| $800,000 | SelectBreak-evenLossProfitItem 5 |
| $400,000 | SelectBreak-evenLossProfitItem 6 |
| $200,000 | SelectBreak-evenLossProfitItem 7 |
4. Determine the probable income (loss) from operations if sales total 16,000 units.
$ SelectIncomeLossItem 9
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