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Unit 6 Accounting

Unit 6 Accounting

Q The purpose of this assignment is to apply the concepts learned about corporations’ equity in this unit. All exercises and problems are in the textbook on the pages noted: E19.3 page 19-33 (10 points), E19.8 page 19-34 (10 points) P19.4 page 19-39 (20 points), E22.8 page 22-39 (15 points), P22.5 page 22-43 (25 points). Use MS Excel or Google sheets for your answers in proper accounting statement format, if required. Separate your answers by tabs. 80 Points CSLO 5, 6

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 P22.5 page 22-43 (25 points). A Income statement for current operations Total Current Total After Sales 8,00,000 9,50,000 Variable costs 5,00,000 6,25,000 Contribution margin 3,00,000 3,25,000 Fixed costs 2,70,000 2,99,000 Net income 30,000 26,000 Yes, I would make the changes suggested. B- Compute the current Break-even points in sales units 270,000 / by 15= 18,000 Compare to the break-even point in sales units if Mary's ideas are implemented