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Calculation of total cost, total revenue, profit and break-eveb volume.
The Willow Furniture produces tables. The fixed monthly cost of production is $8,000, and the variable cost per table is $65. The tables sell for $180 apiece.
a. For a monthly volume of 300 tables, determine the total cost, total revenue, and profit.
b. Determine the monthly break-even volume for the Willow Furniture Company.
Evaluate the Income Statement
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