C Companys contribution margin income statement shows revenues of $600,000 and variable costs of $240,000...
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Accounting
C Companys contribution margin income statement shows revenues of $600,000 and variable costs of $240,000 and the net income of $60,000.
1. What is C Companys breakeven point in sales dollars?
2. What will C Companys net income be if its revenues next year are $800,000?
3. Assume that when C Company earned net income of $60,000, it was producing and selling 10,00 units of its only product. What will the cost of one unit of its product be if it sells 6,000 units next year?
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