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[The following information applies to the questions displayed below.] Trevino Company makes and sells products...

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Accounting

[The following information applies to the questions displayed below.] Trevino Company makes and sells products with variable costs of $24 each. Trevino incurs annual fixed costs of $315,000. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. Required b. Determine the break-even point in units and in dollars. Prepare an income statement using the contribution margin format

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