Goslin Company sold 27,000 units last year at $14 each. Variable cost was $9.50, and fixed costs

Question:

Goslin Company sold 27,000 units last year at $14 each. Variable cost was $9.50, and fixed costs were $126,000.

Required:

1. Prepare an income statement for Goslin Company for last year.

2. Calculate the break-even point in units.

3. Calculate the units that Goslin must sell to earn operating income of $9,900 next year.

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Cornerstones of Managerial Accounting

ISBN: 978-0324660135

3rd Edition

Authors: Mowen, Hansen, Heitger

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Question Posted: Feb 03, 2012 06:45 AM

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Goslin Company sold 27,000 units last year at $14 each. Variable cost was $9.50, and fixed costs

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1 Sales 14 27000 378000 Variable cost 950 27000 256500 ...View the full answer

Cornerstones of Managerial Accounting

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