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Determine the probable operating income

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Reference no: EM132777435

Problem - Break-even sales and cost-volume-profit chart - For the coming year, Cleves Company anticipates a unit selling price of $100, a unit variable cost of $60, and fixed costs of $480,000.

Required -

1. Compute the anticipated break-even sales (units).

2. Compute the sales (units) required to realize a target profit of $240,000.

3. Construct a cost-volume-profit chart, assuming maximum sales of 20,000 units within the relevant range.

4. Determine the probable operating income (loss) if sales total 16,000 units.

Reference no: EM132777435

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