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Broadening Your Perspective 5-2 (Part Level Submission) The condensed income statement for the Peri and...

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Broadening Your Perspective 5-2 (Part Level Submission) The condensed income statement for the Peri and Paul partnership for 2017 is as follows. PERI AND PAUL COMPANY Income Statement For the Year Ended December 31, 2017 Sales (240,000 units) Cost of goods sold Gross profit Operating expenses Selling Administrative $1,200,000 800,000 400,000 $280,000 150,000 4,000 $(30,000) Net loss A cost behavior analysis indicates that 75% of the cost of goods sold are variable, 45% of the selling expenses are variable, and 39% of the administrative expenses are variable. (Round to nearest unit, dollar, and percentage, where necessary. Use the CVP income statement format in computing profits.) (a) Your answer is partially correct. Try again. Compute the break-even point in total sales dollars and in units for 2017. (Round intermediate calculations to 2 decimal places, e.g. 0.25 and final answers to 0 decimal places, e.g. 2,520.) Break-even point in dollars 1,287,572 Break-even point in units 257514 units

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