Prepare an income statement for goslin company for last, Financial Accounting

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Prepare an income statement for goslin company for last

INCOME STATEMENT, BREAK-EVEN UNITS, UNITS TO EARN TARGET INCOME

Goslin Company sold 27,000 units last year at $14 each. Variable cost was $9.50, and fixed costs were $126,000.

Required:

1. Prepare an income statement for Goslin Company for last year.

2. Calculate the break-even point in units.

3. Calculate the units that Goslin must sell to earn operating income of $9,900 next year.

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Financial Accounting: Prepare an income statement for goslin company for last

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Financial Accounting: Prepare an income statement for goslin company for last

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