4. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of rattles the company would need to sell in 2025 in order to break-even. Please show your work and round to the nearest next whole unit. 56464.29 56465 5. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of rattles the company would need to sell in 2025 in order to eam $400,000 in profit. Please show your work and round to the nearest next whole unit.
4. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of rattles the company would need to sell in 2025 in order to break-even. Please show your work and round to the nearest next whole unit. 56464.29 56465 5. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of rattles the company would need to sell in 2025 in order to eam $400,000 in profit. Please show your work and round to the nearest next whole unit.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:3. Assuming the selling price and cost changes in the Marketing Plan are adopted, prepare a CVP Income Statement for 2025, assuming sales and
production increase by 20% as outlined in the Marketing Plan
Child's Play Company
CVP Income Statement
For the Year Ended December 31, 2025
Total
Sales
$
1,200,000 $
Variable costs
$
528,000 $
Contribution margin
672,000 $
Fixed costs
$
316,200
Net operating income
$
355,800
Per Unit
10.00
4.40
5.60
4. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of rattles the company would need to sell in
2025 in order to break-even. Please show your work and round to the nearest next whole unit.
56464.29
56465
5. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of rattles the company would need to sell in
2025 in order to earn $400,000 in profit. Please show your work and round to the nearest next whole unit.
4
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