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Survey of Accounting (Available Titles Cengagenow)

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Problem 11-6 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear beside, above, or immediately below an incorrect answer. 1. SOLDNER HEALTH CARE PRODUCTS INC. Estimated Income Statement For the Year Ending December 31, 2010 Sales Cost of goods sold: Direct materials Direct labor Factory overhead Cost of goods sold Gross profit Operating expenses: Selling expenses: Sales salaries and commissions Advertising Travel Miscellaneous selling expense Total selling expenses Administrative expenses: Office and officers' salaries Supplies Miscellaneous administrative expense Total administrative expenses Total expenses Income from operations 2. Contribution margin ratio = - = 3. Break-even sales (units) = = Break-even sales (dollars) = = sales 4. Use the Autoshapes line feature to construct a cost-volume-profit chart indicating the break-even point.
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11-06Pr_5e_s - Problem 11-6 Name Section Score 0...

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