Question: B E A D G Score /12 Select Exercise 2 ONLY ALT-BREAKEVEN-UNITS Clark Company sells a product witha price of $35 and variable cost per
B E A D G Score /12 Select Exercise 2 ONLY ALT-BREAKEVEN-UNITS Clark Company sells a product witha price of $35 and variable cost per unit of $21. Clark's fixed costs this year are $140,000. Create a breakeven table below. PRICE $35 $21 $14 VARIABLE COST PER UNIT 1 CONTRIBUTION MARGIN PER UNI 1 CONTRIBUTION MARGIN RATIO 40.00% $140,000 1 1 FIXED COSTS How many units must Clark sell in order to break even? 0 units If Clark actually sells 14,000 units, how much operating income will Clark earn? Create a contribution income statement. 0 SALES VARIABLE COSTS 0 CONTRIBUTION MARGIN 0 0 FIXED COSTS OPERATING INCOME 0 Looking at your income statement, what is the contribution margin ratio? 0
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