11. George Corporation has the following information for the current year:Selling price per unitVariable costs per unit10.00$ 6.00$1,000.00Fixed costsRequired: Prepare a cost-volume-profit graph identifying the following items:Total fixed costs lineTotal variable costs lineTotal costs lineTotal revenues lineBreakeven point in sales dollarsBreakeven point in unitsProfit areaLoss areaА.В.С.D.E.F.G.Н.6,0005,0004,0003,0002,0001,000100200300400500Qty (# Units)3Dollars ($)

0 units 100 units 200 units 300 units 400 units 500 units Sales 0 1,000 2,000 3,000 4,000 5,000…

11. George Corporation has the following information for thc current ycar: Selling price per unit Variable costs per unit 10.00 6.00 Fixed costs $1,000.00 Required: Prepare a cost-volume-profit graph identifying the following items: А. Total fixed costs line Total variable costs line Total costs line Total revenues line Breakeven point in sales dollars Breakeven point in units Profit area Loss area В. С. D. Е. F. G. Н. 6,000 5,000 4,000 3,000 2,000 1,000 100 200 300 400 500 Qty (# Units) Dollars ($)

11. George Corporation has the following information for thc current ycar: Selling price per unit Variable costs per unit 10.00 6.00 Fixed costs $1,000.00 Required: Prepare a cost-volume-profit graph identifying the following items: А. Total fixed costs line Total variable costs line Total costs line Total revenues line Breakeven point in sales dollars Breakeven point in units Profit area Loss area В. С. D. Е. F. G. Н. 6,000 5,000 4,000 3,000 2,000 1,000 100 200 300 400 500 Qty (# Units) Dollars ($)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

11. George Corporation has the following information for the current year:
Selling price per unit
Variable costs per unit
10.00
$ 6.00
$1,000.00
Fixed costs
Required: Prepare a cost-volume-profit graph identifying the following items:
Total fixed costs line
Total variable costs line
Total costs line
Total revenues line
Breakeven point in sales dollars
Breakeven point in units
Profit area
Loss area
А.
В.
С.
D.
E.
F.
G.
Н.
6,000
5,000
4,000
3,000
2,000
1,000
100
200
300
400
500
Qty (# Units)
3
Dollars ($)

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