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Exercise 18-10(Algo) Income reporting and break-even analysis LO P2 Sunn Company manufactures a...

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Accounting

Exercise 18-10(Algo) Income reporting and break-even analysis LO P2
Sunn Company manufactures a single product that sells for $220 per unit and whose variable costs are $176 per unit. The company's
annual fixed costs are $664,400.
(1) Prepare a contribution margin income statement at the break-even point.
(2) If the company's fixed costs increase by $136,000, what amount of sales (in dollars) is needed to break even?
Complete this question by entering your answers in the tabs below.
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Required 2
Prepare a contribution margin income statement at the break-even point.
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