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Prepare a cvp income statement for year

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Reference no: EM132911624

In 2020, Glass Company has sales of P1,000,000, variable costs of P250,000, and fixed costs of P200,000. In 2021, the company expects annual property taxes (fix) to decrease by P15,000.

Problem 1: Prepare a CVP Income Statement for year 2020.

Problem 2: Calculate the breakeven point for 2020.

Problem 3: Calculate the breakeven point for 2021

Reference no: EM132911624

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