For the coming year, Cleves Company anticipates a unit selling price of $140, a unit...
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For the coming year, Cleves Company anticipates a unit selling price of $140, a unit variable cost of $70, and fixed costs of $826,000. Required: 1. Compute the anticipated break-even sales in units. 11,800 units 2. Compute the sales (units) required to realize income from operations of $448,000. 18,200 units 3. Construct a cost-volume-profit chart, assuming maximum sales of 23,600 units within the relevant range. From your chart, indicate whether each of the following sales levels would produce a profit, a loss, or break-even. $2,310,000 Profit $2,072,000 Profit $1,652,000 Break-even $1,246,000 Loss $994,000 Loss 4. Determine the probable income (loss) from operations if sales total 18,900 units. If required, use the minus sign to indicate a loss
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