Please do not give solution in image format ? And Fast answering please and Explain Proper Step by Step ? A) What is the Profit Formula for Koa's?B)How many units does Koa's need to sell in order to Breakeve 3) You have been given the following 6 month comparable Income Statement for Koa's Canoes.UnitsRevenueMaterialsDirect LabourRent (20% Office;80% Factory)Sales StaffProfitAugust September October November December8009507001,00065090097,600115,90085,400 122,000 79,300 109,80019,52019,52019,520 19,52019,52019,52029,280 34,67625,683 36,47523,88432,878July14,64017,38512,81018,3009,76011,5908,54012,20024,400 32,729 18,848 35,50511,8957,93016,07116,47010,98029,953

Under Marginal Costing, Profit is calculated by subtracting Variable cost and Fixed Cost from the…

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Accounting

A) What is the Profit Formula for Koa's? B)How many units does Koa's need to sell in order to Breakeve

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 8EA: Using the information in the previous exercises about Marleys Manufacturing, determine the operating...

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Question

Please do not give solution in image format ? And Fast answering please and Explain Proper Step by Step ?

A) What is the Profit Formula for Koa's?
B)How many units does Koa's need to sell in order to Breakeve

3) You have been given the following 6 month comparable Income Statement for Koa's Canoes.
Units
Revenue
Materials
Direct Labour
Rent (20% Office;
80% Factory)
Sales Staff
Profit
August September October November December
800
950
700
1,000
650
900
97,600
115,900
85,400 122,000 79,300 109,800
19,520
19,520
19,520 19,520
19,520
19,520
29,280 34,676
25,683 36,475
23,884
32,878
July
14,640
17,385
12,810
18,300
9,760
11,590
8,540
12,200
24,400 32,729 18,848 35,505
11,895
7,930
16,071
16,470
10,980
29,953

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Step 2: Profit Formula for Koa's

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Step 3: Computation of Variable and Fixed Portion of All Costs

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Step 4: Contribution Margin per unit

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Step 5: Break Even Units

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