Question: High Low Cost Estimation and Profit Planning Comparative 2011 and 2012 income statements for Dakota Products Inc. follows: Units Sales 5000 8000 Sales Revenue $65,000

High Low Cost Estimation and Profit Planning

Comparative 2011 and 2012 income statements for Dakota Products Inc. follows:

Units Sales 5000 8000
Sales Revenue $65,000 $104,000
Expenses (70,000) (85,000)
Profit (loss) $(5000) $19000

Determine the break-even point in units

Determine the units sales volume required to earn a profit of $10,000

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