Using the data in the contribution income statement for Sedona, Inc., that appears below, calculate (1) Selling
Question:
(1) Selling price per unit,
(2) Variable costs per unit,
(3) Breakeven point in sales dollars.
Sedona, Inc.
Contribution Income Statement
For the Year Ended December 31
Transcribed Image Text:
Sales (10,000 units) Less variable costs $16,000,000 Cost of goods sold Selling, administrative, and $8,000,000 general 4,000,000 Total variable costs 12,000,000 $ 4,000,000 Contribution margin Less fixed costs Overhead $1,200,000 Selling, administrative, and general Total fixed costs Operating income 800,000 2,000,000 $ 2,000,000
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Related Book For
Principles of Accounting
ISBN: 978-0618736614
10th edition
Authors: Belverd Needles, Marian Powers, Susan Crosson
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