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Del-Ware Gap Company: Income Statement (for the Ye...

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Del-Ware Gap Company: Income Statement (for the Year Ended December 31, 2008) Sales (20,000 units): $500,000 Variable expenses: $300,000 Contribution margin: $200,000 Fixed expenses: $120,000 Net income: $80,000 What is the company's break-even point in units? Answer 12,000 units (is this correct) How many more units would the company have had to sell to earn net income of $100,000 in 2008? Answer 10,000 more units (is this correct) If the company expects a 25% increase in sales volume in 2009, what would be the expected net income in 2009? Answer (please solve for me) How much sales dollars would the company have to generate in order to earn a target net income of $150,000 in 2009? Answer (please solve for me)

 

Paper#7805 | Written in 18-Jul-2015

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