You have been given the following 6 month comparable Income Statement for Koa's Canoes. Units Revenue...

 

 

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You have been given the following 6 month comparable Income Statement for Koa's Canoes. Units Revenue Materials Direct Labour Rent (20% Office; 80% Factory) Sales Staff Profit August September October November December 800 950 700 1,000 650 97,600 115,900 85,400 122,000 79,300 19,520 19,520 19,520 19,520 19,520 29,280 34,676 25,683 36,475 23,884 July 14,640 9,760 24,400 17,385 12,810 18,300 11,895 11,590 8,540 12,200 7,930 32,729 18,848 35,505 16,071 900 109,800 19,520 32,878 16,470 10,980 29,953 Required - What is the Profit Formula for Koa's? How many units does Koa's need to sell to Breakeven? You have been given the following 6 month comparable Income Statement for Koa's Canoes. Units Revenue Materials Direct Labour Rent (20% Office; 80% Factory) Sales Staff Profit August September October November December 800 950 700 1,000 650 97,600 115,900 85,400 122,000 79,300 19,520 19,520 19,520 19,520 19,520 29,280 34,676 25,683 36,475 23,884 July 14,640 9,760 24,400 17,385 12,810 18,300 11,895 11,590 8,540 12,200 7,930 32,729 18,848 35,505 16,071 900 109,800 19,520 32,878 16,470 10,980 29,953 Required - What is the Profit Formula for Koa's? How many units does Koa's need to sell to Breakeven?

Answer rating: 100% (QA)

The profit formula for Koas Canoes can be calculated as follows Profit Revenue Materials Direct Labo... View the full answer