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Prepare an income statement for Khaling for last year

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Reference no: EM132700258

Problem - Khaling Company sold 19,000 units last year at $18.00 each. Variable cost was $14.60, and total fixed cost was $68,000.

Required -

Prepare an income statement for Khaling for last year.

Calculate the break-even point in units.

Calculate the units that Khaling must sell to earn operating income of $20,400 this year.

Reference no: EM132700258

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