Net income (loss).................................................................................... $(16,900)
Answer the following independent questions and show computations to support your answers:
a) How much additional sales revenue does the company need to break even in 2019?
b) If the company is able to reduce variable costs by $1.25 per unit in 2020 and other costs and unit revenues remain unchanged, how many units will the company have to sell in order to earn a net income of $50,650?
Answer & Explanation
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