Question: Scottso, Inc. has provided the following data for its one product: $25 Unit selling price Unit variable cost $ 20 Total fixed costs Unit

Scottso, Inc. has provided the following data for its one product: $25

Unit selling price Unit variable cost $ 20 Total fixed costs Unit volume $ 55,000 15,000 Required: (a) Prepare an income statement using the contribution margin format. (b) The break-even point is units or $ dollars.

Scottso, Inc. has provided the following data for its one product: $25 Unit selling price Unit variable cost $ 20 Total fixed costs Unit volume $ 55,000 15,000 Required: (a) Prepare an income statement using the contribution margin format. (b) The break-even point is units or $ dollars.

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