11. George Corporation has the following information for the current year: 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: Total fixed costs line Total variable costs line Total costs line А. В. С.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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11. George Corporation has the following information for the current year:
Selling price per
Variable costs per unit
Fixed costs
unit
2$
10.00
2$
6.00
$1,000.00
Required: Prepare a cost-volume-profit graph identifying the following items:
Total fixed costs line
Total variable costs line
Total costs line
Total revenues line
Breakeven point in sales dollars
Breakeven point in units
Profit area
A.
B.
С.
D.
Е.
F.
G.
Н.
Loss area
6,000
5,000
4,000
3,000
2,000
1,000
Retm
100
200
300
400
500
Earnin
Qty (# Units)
3
Dollars ($)
Transcribed Image Text:Student ID #: 11. George Corporation has the following information for the current year: Selling price per Variable costs per unit Fixed costs unit 2$ 10.00 2$ 6.00 $1,000.00 Required: Prepare a cost-volume-profit graph identifying the following items: Total fixed costs line Total variable costs line Total costs line Total revenues line Breakeven point in sales dollars Breakeven point in units Profit area A. B. С. D. Е. F. G. Н. Loss area 6,000 5,000 4,000 3,000 2,000 1,000 Retm 100 200 300 400 500 Earnin Qty (# Units) 3 Dollars ($)
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