Question: Question Four: (20 marks) (B1, D4) Part A: (12 marks) Ahlia Industries developed the following information for the product it sells: Sales price $50 per
Question Four: (20 marks) (B1, D4) Part A: (12 marks) Ahlia Industries developed the following information for the product it sells: Sales price $50 per unit Variable cost of goods sold $28 per unit Fixed cost of goods sold $650,000 10% of sales price Variable selling expense Variable administrative expense $2 per unit Fixed selling expense $400,000 Fixed administrative expense $300,000 Page 5 For the year ended December 31, 2021, Ahlia produced and sold 100,000 units of product Instructions 1. Prepare a CVP income statement using the contribution margin format for Ahlia Industries for 2021. (8 marks) 2. What was the company's break-even point in units in 2021? (4 marks)
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