Drake Company S Income Statement For The Most Recent Year Appears Below Sales 26

Drake Company’s income statement for the most recent year appears below:$650,000442,000208,000234,000$(26,000)Required:a. calculate the unit contribution marginb. calculate the break-even point in dollarsc. If the company desires a net operating income of $20,000, how many units must it sell?

Drake Company’s income statement for the most recent year appears below: Sales (26,000 units) $650,000Less: Variable expenses 442,000Contribution margin 208,000Less: Fixed expenses 234,000Net…

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