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Problem-
Kilihea Corporation produces a single product. The company's absorption costing income statement for July follows:
Kilihea Corporation Income Statement For the month ended July 31
Sales (14,500 units)
$710,500
Cost of goods sold
443,700
Gross margin
266,800
Selling and administrative expenses:
Fixed
130,500
Variable
72,500
Total selling and administrative expense
203,000
Net operating income
$ 63,800
The company's variable production costs are $22.60 per unit and its fixed manufacturing overhead totals $122,600 per month. The break-even point in units for the month under variable costing is
a. 8,177 units
b. 10,077 units
c. 11,827 units
d. 8,977 units
Additional Requirement-
The problem belongs to Basic Accounting and it discusses about calculation of break-even point in units for the month.
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