Required information Exercise 5-8 (Static) Prepare a Cost-Volume-Profit (CVP) Graph [LO5-8] [The following information applies to the questions displayed below.] Karlik Enterprises distributes a single product whose selling price is $24 per unit and whose variable expense is $18 per unit. The company's monthly fixed expense is $24,000. Exercise 5-8 (Static) Part 1 Required: 1. Prepare a cost-volume-profit graph for the company using sales volumes of zero units and 8,000 units. Note: Use the line tool to draw three lines (Total Sales Revenue, Fixed Expense, Total Expense). Each line should only contain the two endpoints. For your graph to grade correctly, you must enter the exact coordinates. Once all points have been plotted, click on the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed. To remove a line from the graph, click on the line and select delete option. $200,000 Dollars $150,000 $100,000 $50,000 39 2000 CVP Graph 4000 Volume in Units 6000 8000 line properties coordinates: pt 1 2 X 7600 400 cancel y 165000 40000 ok Prey S 12 of 2 www www Score.answer >
Required information Exercise 5-8 (Static) Prepare a Cost-Volume-Profit (CVP) Graph [LO5-8] [The following information applies to the questions displayed below.] Karlik Enterprises distributes a single product whose selling price is $24 per unit and whose variable expense is $18 per unit. The company's monthly fixed expense is $24,000. Exercise 5-8 (Static) Part 1 Required: 1. Prepare a cost-volume-profit graph for the company using sales volumes of zero units and 8,000 units. Note: Use the line tool to draw three lines (Total Sales Revenue, Fixed Expense, Total Expense). Each line should only contain the two endpoints. For your graph to grade correctly, you must enter the exact coordinates. Once all points have been plotted, click on the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed. To remove a line from the graph, click on the line and select delete option. $200,000 Dollars $150,000 $100,000 $50,000 39 2000 CVP Graph 4000 Volume in Units 6000 8000 line properties coordinates: pt 1 2 X 7600 400 cancel y 165000 40000 ok Prey S 12 of 2 www www Score.answer >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Required information
Exercise 5-8 (Static) Prepare a Cost-Volume-Profit (CVP) Graph [LO5-8]
[The following information applies to the questions displayed below.]
Karlik Enterprises distributes a single product whose selling price is $24 per unit and whose variable expense is $18 per
unit. The company's monthly fixed expense is $24,000.
Exercise 5-8 (Static) Part 1
Required:
1. Prepare a cost-volume-profit graph for the company using sales volumes of zero units and 8,000 units.
Note: Use the line tool to draw three lines (Total Sales Revenue, Fixed Expense, Total Expense). Each line should only contain the
two endpoints. For your graph to grade correctly, you must enter the exact coordinates. Once all points have been plotted, click
on the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points as
needed. To remove a line from the graph, click on the line and select delete option.
$200,000
Dollars
$150,000
$100,000
$50,000
50
0
2000
CVP Graph
4000
Volume in Units
6000
8000
line properties
coordinates:
pt
1
2
x
7600
400
cancel
y
165000
40000
ok
Prey
12
of 2
Score.answer >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F19f83173-acb8-4ed6-94b0-5238d7acd1cb%2F9389d606-daa1-4383-9fb0-e3f4a6cb3de1%2Fdvngseu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
Exercise 5-8 (Static) Prepare a Cost-Volume-Profit (CVP) Graph [LO5-8]
[The following information applies to the questions displayed below.]
Karlik Enterprises distributes a single product whose selling price is $24 per unit and whose variable expense is $18 per
unit. The company's monthly fixed expense is $24,000.
Exercise 5-8 (Static) Part 1
Required:
1. Prepare a cost-volume-profit graph for the company using sales volumes of zero units and 8,000 units.
Note: Use the line tool to draw three lines (Total Sales Revenue, Fixed Expense, Total Expense). Each line should only contain the
two endpoints. For your graph to grade correctly, you must enter the exact coordinates. Once all points have been plotted, click
on the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points as
needed. To remove a line from the graph, click on the line and select delete option.
$200,000
Dollars
$150,000
$100,000
$50,000
50
0
2000
CVP Graph
4000
Volume in Units
6000
8000
line properties
coordinates:
pt
1
2
x
7600
400
cancel
y
165000
40000
ok
Prey
12
of 2
Score.answer >
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