Required information [The following information applies to the questions displayed below.] Benson Company makes and sells products with variable costs of $24 each. Benson incurs annual fixed costs of $352,800. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. e. If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and dollars Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req El Req E2 If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars < ReqE1 Req E2 >
Required information [The following information applies to the questions displayed below.] Benson Company makes and sells products with variable costs of $24 each. Benson incurs annual fixed costs of $352,800. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. e. If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and dollars Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req El Req E2 If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars < ReqE1 Req E2 >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Ee.44.
![Required information
[The following information applies to the questions displayed below.]
Benson Company makes and sells products with variable costs of $24 each. Benson incurs annual fixed costs of
$352,800. The current sales price is $87.
!
Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in
Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d
applies to the subsequent requirements.
e. If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and dollars.
Prepare an income statement using the contribution margin format.
Complete this question by entering your answers in the tabs below.
Req El
Req E2
If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and
dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next
whole unit.)
Sales volume in units
Sales volume in dollars
Required information
[The following information applies to the questions displayed below.]
< Req E1
Benson Company makes and sells products with variable costs of $24 each. Benson incurs annual fixed costs of
$352,800. The current sales price is $87.
Req E2 >
Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in
Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d
applies to the subsequent requirements.
Req E1
e. If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and dollars.
Prepare an income statement using the contribution margin format.
Complete this question by entering your answers in the tabs below.
RedE2
BENSON COMPANY
Income Statement.
If fixed costs drop to $288,400, prepare an income statement using the contribution margin format. (Do not round
intermediate calculations. Round your final answers to nearest whole number.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F017a79a2-e9cc-4282-96bc-91c5b4221e03%2F83775358-4218-4c21-bde9-b2d25a1cba6e%2Fvtwc4ra_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Benson Company makes and sells products with variable costs of $24 each. Benson incurs annual fixed costs of
$352,800. The current sales price is $87.
!
Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in
Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d
applies to the subsequent requirements.
e. If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and dollars.
Prepare an income statement using the contribution margin format.
Complete this question by entering your answers in the tabs below.
Req El
Req E2
If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and
dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next
whole unit.)
Sales volume in units
Sales volume in dollars
Required information
[The following information applies to the questions displayed below.]
< Req E1
Benson Company makes and sells products with variable costs of $24 each. Benson incurs annual fixed costs of
$352,800. The current sales price is $87.
Req E2 >
Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in
Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d
applies to the subsequent requirements.
Req E1
e. If fixed costs drop to $288,400, what level of sales is required to earn the desired profit? Express your answer in units and dollars.
Prepare an income statement using the contribution margin format.
Complete this question by entering your answers in the tabs below.
RedE2
BENSON COMPANY
Income Statement.
If fixed costs drop to $288,400, prepare an income statement using the contribution margin format. (Do not round
intermediate calculations. Round your final answers to nearest whole number.)
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