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Find sales volume at breakeven and prepare income statement

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(Departmental Contribution to Income P3) and answer the questions that follow. Explain your work in detail and include stating the initial situation and the assumptions. Include in-text citations. At least five scholarly references are required, among them one should be the textbook as a source of data.

Refer to the data about Phoenix Company presented in problem 21-1A (Preparing and Analyzing Flexible Budget P1 A1).

Question a. Based on the data identify fixed costs, unit variable costs, and unit price

Question b. Re-organize the income statement in variable costing format

Question c. Find sales volume at breakeven and prepare income statement at breakeven

Attachment:- phoneix.zip

Reference no: EM132491571

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