Koontz, Ltd. had the following income statement for 2009 Required: (a) Prepare a break-even graph for Koontz,
Question:
Required:
(a) Prepare a break-even graph for Koontz, Ltd.
(b) Prepare a proï¬t-volume graph for Koontz, Ltd.
(c) Prepare a short explanation for company management about each of the graphs.
Transcribed Image Text:
Sales (30,000 gallons Variable Costs $14) $420,000 Production (30,000 gallons $6) $180,000 Selling (30,000 gallons $0.50) 15,000 (195,000) $225,000 Contribution margin Fixed costs Production Selli 52,500 64,000 16,500) ng and Administrative Income before Taxes S108,500
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