LOHow is cost-volume-profit (CVP) analysis used? a) Use the income statement below to answer the following...

 

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LOHow is cost-volume-profit (CVP) analysis used? a) Use the income statement below to answer the following questions: BASIC TRAVEL Contribution Margin Income Statement Sales Revenue ($10 per unit * 36,800 units) Variable Costs ($4.30 per unit 36,800 units) Contribution Margin Fixed Costs Operating Income i) What is the breakeven in units (round up to nearest unit)? $368,000 158,240 209,760 173,000 $36,760 ii) What is the number of units that need to be sold if there is a required profit of $10,000 (round up to nearest unit)? LOHow is cost-volume-profit (CVP) analysis used? a) Use the income statement below to answer the following questions: BASIC TRAVEL Contribution Margin Income Statement Sales Revenue ($10 per unit * 36,800 units) Variable Costs ($4.30 per unit 36,800 units) Contribution Margin Fixed Costs Operating Income i) What is the breakeven in units (round up to nearest unit)? $368,000 158,240 209,760 173,000 $36,760 ii) What is the number of units that need to be sold if there is a required profit of $10,000 (round up to nearest unit)?

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CVP Analysis for Basic Travel a Understanding CVP analysis Costvolumeprofit CVP analysis is a tool u... View the full answer