Khaling Company sold 27,150 units last year at $15.60 each. Variable cost was $11.40, and...
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Accounting
Khaling Company sold 27,150 units last year at $15.60 each. Variable cost was $11.40, and total fixed cost was $118,020. Required: 1. Prepare an income statement for Khaling for last year 2. Calculate the break-even point in units. 3. Calculate the units that Khaling must sell to earn operating income of $10,080 this year. Khaling Company Score: 46/51 Contribution Margin Income Statement For the Last Year Sales $423.540.00 309,510.00 Variable cost Total contribution margin $114,030.00 118.020.00 Fixed cost Operating income $3,990.00
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