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Slice-A-Matic Ltd. manufactures hand-held fans. This past year, because of El Nino, the summer was...

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Accounting

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Slice-A-Matic Ltd. manufactures hand-held fans. This past year, because of El Nino, the summer was not hot and the company had a very disappointing season. With a factory capacity of 150,000 units, only 90,000 were sold, as indicated by the following statement: Required: (Round to 2 decimal places) 1. What is the breakeven point for the income statement above? 2. If Slice-A-Matic utd. desired an operating income of $15,000, what would the total sales dollars have to be? 3. How many units must be sold to yield an operating income of 12% of sales

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