Word Problem Question 4:

The following information is available from the accounting records of Casey Inc. Assume the selling price per unit is $1.

Sales		$700,000
	Fixed Costs	$220,000
	Total Variable Costs	$350,000
Total Costs		$570,000
Net Income		$130,000

Capacity is a sales volume of $900,000.

Round all answers in this question (if necessary) to the nearest dollar, no decimal places.

Do not include the dollar sign in the blanks below. For example, $5,673.67 input as 5,674.

1. Determine net income at a sales volume of 70% capacity.(Make sure to show net income as Negative if it is a Loss.)

2. Determine net income at a sales volume of $95,000. (Make sure to show net income as Negative if it is a Loss)

3. Determine thesales volume in dollars to generate a net income of $170,000.

4. Using an algebraic approach, calculate the break-even point in sales dollars.