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ACCOUNTING 232 HOMEWORK2 JHJ PUBLISHING production cost info is as follows: . . . Raw materials paper (variable) Raw material ink (variable) Direct labor (variable) Manufacturing overhead (fixed) $100,000 1 reams @ $10 each 2 cartridges $20 each 1/2 hours@ $10 each . Administrative expenses (fixed) $40,000 . Unit selling price Determine required production levels 2 times unit variable cost Quantity required to loose $100,000 Quantity required to break even Quantity required to earn $1,000,000 Net income if only one book is sold Complete table below: 1. 2. 3. 4. 5. INCOME/EXPENSES SALE OF TARGET BREAK- TARGET ONE |LOSS OF |EVEN BOOK $100,00 |INCOME OF $1,000,000 3 4 5 6 8 9