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Comparative Income Statements

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Comparative 2007 and 2008 income statements for Dakota Products Inc. follow;DAKOTA PRODUCTS INC.;Comparative Income Statements;For Years Ending December 31, 2007 and 2008;2007 2008;Unit sales 5,000 8,000;Sales revenue $70,000 $112,000;Expenses (74,000) (92,000);Profit (loss) $(4,000) $20,000;(a) Determine the break-even point in units.;Answer units;(b) Determine the unit sales volume required to earn a profit of $6,000.

 

Paper#35104 | Written in 18-Jul-2015

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