answer plz For the current year ended March 31,Cosgrove Company expects fixed costs of$555,000, a unit variable cost of $62, and aunit selling price of $92.a. Compute the anticipated break-evensales (units).b. Compute the sales (units) required torealize an operating income of $129,000.

Step 1: Definition of Target SalesTarget sales are the desired level of sales that a business seeks…

Answered: For the current year ended March 31,…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11E

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For the current year ended March 31, Cosgrove Company expects fixed costs of $555,000, a unit variable cost of $62, and a unit selling price of $92. a. Compute the anticipated break-even sales (units). b. Compute the sales (units) required to realize an operating income of $129,000.