This paper circulates around the core theme of (Break-even point and selling price) Parks Casting Inc. will manufacture and sell 210,000 units next year. Fixed costs will total $300,000 and variable costs will be 50 percent of sales. a. The firm wants to achieve a level of earnings before interest an together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
(Break-even point and selling price) Parks Casting Inc. will manufacture and sell
210,000 units next year. Fixed costs will total $300,000 and variable costs will be 50 percent of
sales.
a. The firm wants to achieve a level of earnings before interest and taxes of $260,000. What
selling price per unit is necessary to achieve this result?
b. Set up an analytical income statement to verify your solution to part (a)