DAKOTA PRODUCTS INC. COMPARATIVE INCOME STATEMENTS 753

Question

 

Comparative 2007 and 2008 income statements for Dakota Products Inc. follow:
DAKOTA PRODUCTS INC.
Comparative Income Statements
For Years Ending December 31, 2007 and 2008
2007 2008
Unit sales 5,000 8,000
Sales revenue $70,000 $112,000
Expenses (74,000) (92,000)
Profit (loss) $(4,000) $20,000

(a) Determine the break-even point in units.
Answer units

(b) Determine the unit sales volume required to earn a profit of $6,000. 
Additional Requirements 

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    • Posted: 4 years ago
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    • Comparative 2007 and 2008 income statements for Dakota Products Inc. follow:

      DAKOTA PRODUCTS INC.

      Comparative Income Statements

      For Years Ending December 31, 2007 and 2008

      2007 2008

      Unit sales 5,000 8,000

    • Comparative 2007 and 2008 income statements for Dakota Products Inc. follow:
      DAKOTA PRODUCTS INC.
      Comparative Income Statements
      For Years Ending December 31, 2007 and 2008
      2007 2008
      Unit sales 5,000 8,000

    • Comparative 2007 and 2008 income statements for Dakota Products Inc. follow:
      DAKOTA PRODUCTS INC.
      Comparative Income Statements
      For Years Ending December 31, 2007 and 2008
      2007 2008
      Unit sales 5,000 8,000