Given: Total Sales: $550,000 Costs/Expenses: Production Labor 202,000 Rent 25,000 Electricity--production 35,000 Electricity--office 10,000 Starting Materials 10,000 Materials Purchased 165,000 Ending Materials 31,000 Factory Supervision 40,000 Office Labor 25,000 Determine: Operating Income, Break Even Sales. Please show work or Excel format. Thank you!
Given: Total Sales: $550,000 Costs/Expenses: Production Labor 202,000 Rent 25,000 Electricity--production 35,000 Electricity--office 10,000 Starting Materials 10,000 Materials Purchased 165,000 Ending Materials 31,000 Factory Supervision 40,000 Office Labor 25,000 Determine: Operating Income, Break Even Sales. Please show work or Excel format. Thank you!
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Given: | ||
Total Sales: |
$550,000 | |
Costs/Expenses: | ||
Production Labor | 202,000 | |
Rent | 25,000 | |
Electricity--production | 35,000 | |
Electricity--office | 10,000 | |
Starting Materials | 10,000 | |
Materials Purchased | 165,000 | |
Ending Materials | 31,000 | |
Factory Supervision | 40,000 | |
Office Labor | 25,000 |
Determine: Operating Income, Break Even Sales. Please show work or Excel format. Thank you!
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